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STATE WATER RESOURCES CONTROL BOARD

RESOLUTION NO. 97 -59

APPROVAL OF A STATE REVOLVING FUND LOAN

FOR HANGTOWN CREEK WASTEWATER TREATMENT PLANT PHASE IIB

CITY OF PLACERVILLE

STATE REVOLVING FUND LOAN PROJECT NO. C-06-4505-110

WHEREAS:

1. The State Water Resources Control Board, on February 16, 1995, adopted the "Policy for Implementing the State Revolving Fund (SRF) for Construction of Wastewater Treatment Facilities" and amended it on January 18, 1996;

2. The State Water Resources Control Board, on September 19, 1996, adopted the FFY 1997 SRF Loan Program Priority List which included the Hangtown Creek Wastewater Treatment Plant Phase IIB, City of Placerville in Priority Class C;

3. The Division of Clean Water Programs (Division) has approved the project report, environmental documents, draft revenue program, and water conservation plan for the City of Placerville's project; and

4. The City of Placerville adopted a Negative Declaration (State Clearinghouse No. 96062098) prepared for the project, which has been reviewed and considered, and it has been determined that the proposed project will not result in any significant negative environmental impacts.

THEREFORE BE IT RESOLVED THAT:

The State Water Resources Control Board:

1. Approves a zero percent interest SRF loan of $3,500,000 to the City of Placerville for construction of the Hangtown Creek Wastewater Treatment Plant Phase IIB project, the repayment period is twenty (20) years, the first repayment due one (1) year after completion of construction; and

2. Will withdraw this preliminary loan commitment if construction of this project is not initiated by September 1, 1997, unless the Division approves a ninety (90) day extension for good cause.

CERTIFICATION

The undersigned, Administrative Assistant to the Board, does hereby certify that the foregoing is a full, true, and correct copy of a resolution duly and regularly adopted at a meeting of the State Water Resources Control Board held on July 17, 1997.

 

/s/__________________________

Maureen Marché

Administrative Assistant to the Board

 
 

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