Resolution 2018-05: Apply to OWDA for Water Plant Improvements

Resolution No. 2018-05

A RESOLUTION AUTHORIZING THE MAYOR TO APPLY FOR, ACCEPT AND ENTER INTO A COOPERATIVE AGREEMENT FOR THE CONSTRUCTION, MAINTENANCE AND OPERATION OF THE VILLAGE OF ANTWERP’S WATER FACILITIES BETWEEN THE VILLAGE OF ANTWERP, OHIO AND THE OHIO WATER DEVELOPMENT AUTHORITY, DESIGNATING A DEDICATED REPAYMENT SOURCE, AND DECLARING THE SAME AN EMERGENCY

                WHEREAS, the Village of Antwerp seeks to upgrade its existing water facilities and intends to apply for a loan from the Ohio Water Development Authority (hereinafter referred to as the “OWDA”) to finance costs of the construction, maintenance and operation of the Village’s water facilities on the terms set forth in the Cooperative Agreement (defined below); and

WHEREAS, the OWDA has indicated its willingness to make a loan for that purpose and on the terms set forth in the Cooperative Agreement; and

WHEREAS, the OWDA requires the local government agency to pass legislation for the application of a loan and the execution of the Cooperative Agreement as well as designating a dedicated repayment source.

NOW, THEREFORE, BE IT RESOLVED by the Council of the Village of Antwerp, County of Paulding, State of Ohio, as follows:

Section 1.  That the Council of the Village of Antwerp hereby authorizes the Mayor of the Village of Antwerp to apply for a loan to finance costs of construction, maintenance and operation of the Village’s water facilities, sign all documents, and enter into a Cooperative Agreement for Construction, Maintenance and Operation of the Village’s Water Facilities with the OWDA under the provisions, terms and conditions set forth in the Cooperative Agreement (the “Cooperative Agreement”) substantially in the form set forth in Exhibit A attached hereto.  The Mayor and Fiscal Officer of the Village of Antwerp are hereby authorized to execute the Cooperative Agreement.

Section 2.  That the dedicated source of repayment will be the water fund.

Section 3.  It is found and determined that all formal actions of the Council concerning and relating to the passage of this Resolution were adopted in an open meeting of this Council, and that all deliberations of the Council and its committees that resulted in such formal action, were in meetings open to the public in compliance with all legal requirements including all lawful ordinances, resolutions, and any applicable provisions of Section 121.22 of the Ohio Revised Code.

Section 4.  This Resolution is hereby declared to be an emergency measure necessary for the immediate preservation of the public health, safety and welfare of the Village and for the further reason that funding is necessary in order to proceed at the earliest possible time for the construction of the water plant improvements to protect the health of the inhabitants of the Village of Antwerp and this Resolution shall be in full force and effect immediately after its passage; otherwise, it shall take effect and be in force after the earliest period allowed by law.

Date________________________                      ________________________________________

Ray Delong, Mayor of the Village of Antwerp

Attest:

_______________________________

Aimee Lichty, Fiscal Officer