STATE WATER RESOURCES CONTROL BOARD
RESOLUTION NO. 98 - 068
APPROVAL OF A RESOLUTION TO AUTHORIZE A STATE REVOLVING FUND LOAN TO THE
NATURE CONSERVANCY FOR ACQUISITION OF COSUMNES RIVER WATERSHED/HABITAT
LANDS FOR PRESERVATION OF WETLANDS, PROTECTION OF THE COSUMNES RIVER HABITAT,
AND GROUND WATER REPLENISHMENT (LOAN NO. C-06-6054-110)
WHEREAS:
1. The Nature Conservancy has requested a State Revolving Fund (SRF)
loan for $8 million for Acquisition Of Cosumnes River Watershed/Habitat
Lands For Preservation Of Wetlands, Protection Of The Cosumnes River Habitat,
And Ground Water Replenishment (Project).
2. The Project will protect valuable vernal pools and habitat in the Cosumnes
River Watershed.
3. The Project will protect water resources in the Cosumnes River Watershed.
4. Approval of the Project will make the State Water Resources Control Board (SWRCB) and the Central Valley Regional Water Quality Control Board partners in the Cosumnes River Preserve.
5. The Project qualifies for funding under both Sections 319 and 320 of the Federal Clean Water Act.
6. The Project is exempt from the California Environmental Quality Act, Public Resources Code Section 21000 et seq., as a project to protect natural resources and the environment (California Code of Regulations, Title 14, §§15307 and 15308).
THEREFORE, BE IT RESOLVED THAT:
The SWRCB :
1. Updates the Project Priority List for Federal Fiscal Year 1998 is to include the Project.
2. Subject to No. 3 below, approves an SRF loan for $8 million to the Nature Conservancy for the Acquisition Of Cosumnes River Watershed/Habitat Lands For Preservation Of Wetlands, Protection Of The Cosumnes River Habitat, And Ground Water Replenishment.
3. Approves an SRF loan contingent upon (a) the Nature Conservancy completing the transaction by June 1999 and (b) the SWRCB approving the method of repayment..
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 June 18, 1998.
/s/
Maureen Marché
Administrative Assistant to the Board