CITY OF HOMER
HOMER, ALASKA
City
Manager/
Public
Works Director
RESOLUTION 09-97
A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA,
AUTHORIZING THE CITY MANAGER TO ACCEPT AND APPROPRIATE AMERICAN RECOVERY AND
REINVESTMENT ACT FUNDING (ARRA-STIMULUS BILL) IN THE FORM OF A LOAN (90%
FORGIVEN UPON PURCHASE) IN THE AMOUNT OF $100,000 FOR THE PURPOSE OF PURCHASING
A NEW VACUUM SWEEPER.
WHEREAS, The American Recovery and Reinvestment Act (ARRA) contained funding
that was directed to the Clean Water State Revolving Fund (CWSRF) and the City
submitted an application for CWSRF funding to purchase a new street sweeper;
and
WHEREAS, The Alaska Department of Environmental Conservation (ADEC) recently
notified the City that its street sweeper application had been approved using
ARRA funds and the funding offered is in the form of a loan in the amount of
$100,000, 90% of which will be forgiven if the City successfully completes the
project; and
WHEREAS, The FY 2009 Capital Budget contains an additional $65,000 appropriated
to allow for the purchase a new street sweeper [Ord. 09-15(S)(A)] and the
Public Works Department has determined that with the ARRA loan funds and the
funds available from the FY 2009 Capital Budget; a new, more powerful and
efficient vacuum sweeper can be purchased which would significantly improve air
and storm water quality.
NOW, THEREFORE, BE IT RESOLVED that the City Council of Homer, Alaska, authorizes the City Manager to execute the loan agreement for the purchase of a vacuum type sweeper in the amount of $100,000, 90% of which will be forgiven when the City successfully completes the purchase.
PASSED AND ADOPTED by the Homer City Council this 14th day of September,
2009.
CITY OF HOMER
______________________________________
DENNIS NOVAK, MAYOR PRO TEMPORE
ATTEST:
______________________________
JO JOHNSON, CMC, CITY CLERK
Fiscal Note: 156-395-4992 - ACWF Loan -
$100,000