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HomeMy WebLinkAbout1976-002-01/20/1976-APPROVING AN APPLICATION REPORT AND AUTHORIZING THE FILING OF AN APPLICATION FOR LOAN UNDER PUBLIC L RESOLUTION 76-2 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING AN APPLICATION REPORT AND AUTHORIZING THE FILING OF AN APPLICATION FOR LOAN UNDER PUBLIC LAW 84-984, AS AMENDED WHEREAS, the City Council of the City of Fort Collins desires to secure a federal loan under the Small Reclamation Projects Act, P L 84-894, as amended, and has authorized its consulting engineers, McCall, Ellingson & Morrill, Inc , to prepare a feasibility report in support of an application for said loan to finance construction of an enlarged Joe Wright Reservoir together with an outlet works and an emergency spillway and WHEREAS, said consulting engineers have prepared a supporting loan application report as required under the Small Reclamation Projects Act entitled "Joe Wright Reservoir Enlargement", and WHEREAS, the City Council of the City of Fort Collins concurs in and approves said application re ort which proposes a project having a total estimated cost of p$7, 794 ,000 00, of which $7,127, 000 00 would be obtained by a loan from the federal government under provisions of P L 84-984, as amended to be repaid within a twenty-year period, and $439 000 00 would be a contribution by the City of Fort Collins NOW THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager be and he hereby is authorized and directed to make application to the U S Depart- ment of the Interior Bureau of Reclamation for said loan and to pay to the Bureau of Reclamation the $1,000 00 filing fee required with such application and that he and the engineering consultants are further authorized and directed to perform any other acts necessary in connection with the filing of such application BE IT FURTHER RESOLVED that a copy of this resolution be transmitted to the U S Department of the Interior, Bureau of Reclamation, with the application report Passed and adopted at a regular meeting of the City Council held this 20th day of January, A D 1976 ATTEST , yor y GLert