{"id":16111,"date":"2006-06-01T18:00:00","date_gmt":"2006-06-02T01:00:00","guid":{"rendered":"https:\/\/www.sunnymeadowswater.com\/?p=16111"},"modified":"2006-06-01T18:00:00","modified_gmt":"2006-06-02T01:00:00","slug":"resolution-2006-05-srf-loan-submission","status":"publish","type":"post","link":"https:\/\/www.sunnymeadowswater.com\/?p=16111","title":{"rendered":"Resolution 2006-05 SRF Loan Submission"},"content":{"rendered":"<h1 style=\"padding-left: 120px;\">RESOLUTION NUMBER: 2006-5<\/h1>\n<h1>A RESOLUTION TO SUBMIT A LOAN REQUEST TO THE STATE REVOLVING FUND<\/h1>\n<h1>PROGRAM<\/h1>\n<h1>BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SUNNY MEADOWS<\/h1>\n<h1>MISSOULA COUNTY WATER AND SEWER DISTRICT:<\/h1>\n<div><strong>WHEREAS<\/strong>, the District is pursuing a project to upgrade its water system; and<\/div>\n<div>\u00a0<\/div>\n<div><strong>WHEREAS<\/strong>, the District has completed a Preliminary Engineering Report (PER) identifying specific<\/div>\n<div>needs; and<\/div>\n<div>\u00a0<\/div>\n<div><strong>WHEREAS<\/strong>, the District has submitted grant funding requests to the TSEP and DNRC\/RRGL<\/div>\n<div>programs; and<\/div>\n<div>\u00a0<\/div>\n<div><strong>WHEREAS<\/strong>, the grant funds requested will not be sufficient to fund the entire proposed upgrade<\/div>\n<div>project; and<\/div>\n<div>\u00a0<\/div>\n<div><strong>WHEREAS<\/strong>, the District does not have sufficient cash reserves to pay the remainder of the project<\/div>\n<div>costs; and<\/div>\n<div>\u00a0<\/div>\n<div><strong>WHEREAS<\/strong>, the District&#8217;s proposed water use rates for the project based on grant funding applied for<\/div>\n<div>will be approximately 200% of the state&#8217;s target rate for water use, if an SRF loan is approved.<\/div>\n<div>\u00a0<\/div>\n<div><strong>THEREFORE BE IT RESOLVED<\/strong>, that the District shall apply at the appropriate time for a State<\/div>\n<div>Revolving Fund loan in sufficient amount to complete the proposed upgrades, including a request for<\/div>\n<div>hardship funding if available.<\/div>\n<div>\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>PASSED AND ADOPTED this 1st\u00a0day of June, 2006<\/div>\n<div>\u00a0<\/div>\n<div>Signed: ____________________________________<\/div>\n<div>\u00a0<\/div>\n<div>Name: Michael Lilley\u00a0<\/div>\n<div>\u00a0<\/div>\n<div>Title: District President _ ____<\/div>\n<div>\u00a0<\/div>\n<div>Date: ______________________________________<\/div>\n<div>\u00a0<\/div>\n<div>Attested: ___________________________________<\/div>\n<div>\u00a0<\/div>\n","protected":false},"excerpt":{"rendered":"<p>RESOLUTION NUMBER: 2006-5 A RESOLUTION TO SUBMIT A LOAN REQUEST TO THE STATE REVOLVING FUND PROGRAM BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE SUNNY MEADOWS MISSOULA COUNTY WATER AND SEWER DISTRICT: WHEREAS, the District is pursuing a project to upgrade its water system; and \u00a0 WHEREAS, the District has completed a Preliminary [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-16111","post","type-post","status-publish","format-standard","hentry","category-resolution"],"_links":{"self":[{"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=\/wp\/v2\/posts\/16111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16111"}],"version-history":[{"count":0,"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=\/wp\/v2\/posts\/16111\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sunnymeadowswater.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}