1988-046CITY OF SOUTHLAKE, TEXAS
RESOLUTION NO. 88-46
WHEREAS, the City of Southlake, Texas, City Council
has entered into a contract agreement with the Trinity River
Authority for the design, build and operation of the Big Bear
Creek Wastewater Interceptor Line; and,
WHEREAS, the Trinity River Authority (TRA) has offered
two options in financing the bonded indebtedness associatedwith
the program; and,
WHEREAS, the Trinity River Authority (TRA) has requested
the City of Southlake express its preferred financing option;
now,
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS, THAT:
The City of Southlake prefers the Trinity River Authority to ,
pursue funding the Big Bear Interceptor Line under the State
Revolving Fund (SRF) Loan Program and is willing to accept the
anticipated delay of eight (8) months in the start of the con-
struction program.
PASSED AND APPROVED THIS THE 24
Sandra L. LeGrand
City Secretary
Jdhn3iyj M. Westerholm
Mayor f Southlake