HomeMy WebLinkAboutRES 2003-27 - Board TRUCKEE DONNER
PUblic Utility District
Resolution No. 2003- 27
Designating the Revenue Source that Will Repay
the State Revolving Fund Loan
WHEREAS the Truckee Donner Public Utility District(District)has become responsible for provision
of water service to the Donner Lake area; and
WHEREAS the existing water system serving Donner Lake is in need of complete replacement;
and
WHEREAS the District has applied for a loan under the terms of the California Safe Drinking
Water State Revolving Fund program (SRF), said loan to be used to rebuild the water system,
and has been found to be eligible for said funding program; and
WHEREAS prior to entering into a funding contract, the California Department of Water
Resources requires that the District identify a source of revenue and that the District pledge and
dedicate such source of revenue for repayment of the loan.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE DISTRICT
AS FOLLOWS:
The District pledges and dedicates revenues from the Donner Lake Water Assessment District
no. 00-1 as the revenue source to repay the State Revolving Fund loan.
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the eighth day of July, 2003 by the following roll call vote:
AYES: Directors Aguera, Maass, Sutton and Van Gundy
NOES: None
ABSENT: Director Hemig
TRUCKEE DON PUBLIC UTILI Y DISTRICT
J o emig, President
ATTES
Peter L. Holzmeister, District Clerk