WHEREAS:

1. The State Water Resources Control Board (SWRCB), on February 16, 1995, adopted the "Policy for Implementing the State Revolving Fund for Construction of Wastewater Treatment Facilities," and revised it on June 18, 1998;
2. The SWRCB, on June 18, 1998, adopted the FFY 1999 SRF Loan Program Priority List which included the Plant Expansion and Upgrade for the City of Thousand Oaks in priority Class C;
3. The Division of Clean Water Programs (Division) has approved the facilities plan;
4. The City is signatory to the State Water Coalition's Memorandum of Understanding Regarding Urban Water Conservation in California; and
5. The City filed a Notice of Exemption for the project, which has been reviewed and considered and it has been determined that the project is exempt from the California Environmental Quality Act (CEQA) under Categories 1 and 2 in the CEQA Guidelines.

THEREFORE BE IT RESOLVED THAT:

The State Water Resources Control Board approves a SRF loan of $2.37 million to the City of Thousand Oaks for the construction of improvements at the Hill Canyon Treatment Plant. The repayment period shall be 20 years, and the first repayment due one year after completion of construction.

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 November 19, 1998.

/s/

Maureen Marché

Administrative Assistant to the Board