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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO <br /> RESOLUTION NO. 2011 -007 <br /> RESOLUTION RESCINDING RESOLUTION NO. 2010 -122 AUTHORIZING THE CITY <br /> MANAGER TO DEDICATE NET REVENUE FROM THE WASTEWATER ENTERPRISE <br /> FUND TO REPAY THE STATE REVOLVING FUNDING PROGRAM FINANCING FOR <br /> THE CONSTRUCTION OF THE WATER POLLUTION CONTROL PLANT (WPCP) <br /> REHABILITATION PROJECT; <br /> PROJECT NO. 08- 593 -52 -239, CWSRF NO. C06- 7002 -110 <br /> Recitals <br /> WHEREAS. the City Council on September 20, 2010, by Resolution No. 2010 -122 <br /> committed funds and authorized the City Manager to take all actions and execute all documents <br /> necessary to dedicate Wastewater Enterprise Fund net revenues towards the payment of all <br /> financing provided by the State Water Resources Control Board ( "SWRCB ") for the construction <br /> of the Water Pollution Control Plant Rehabilitation Project, No. 08- 593 -52 -239 (the "Project "); <br /> and <br /> WHEREAS, in order to meet the SWRCB funding application requirements, it is <br /> necessary to rescind Resolution No. 2010 -122, and approve a new resolution that identifies the <br /> WATER POLLUTION CONTROL PLANT ENTERPRISE FUND as the fund identified by the <br /> City to repay the State Revolving Funding Program financing, and not the WASTEWATER <br /> ENTERPRISE FUND, which is the name of the fund identified in Resolution No. 2010 -122; and <br /> WHEREAS, the City Council determines that it is in the best interests of the City to <br /> rescind Resolution No. 2010 -122, and approve a new resolution that is in strict compliance with <br /> the SWRCB requirements, <br /> NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as <br /> follows: <br /> That all recitals above are true, correct and incorporated herein; and <br /> That the City Council hereby rescinds Resolution No. 2010 -122, which dedicated <br /> Wastewater Enterprise Fund net revenues towards the payment of any and all Clean Water State <br /> Revolving Fund financing provided by the State Water Resources Control Board. <br /> Introduced by Councilmember Prola and passed and adopted this 18th day of January, <br /> 2011, by the following called vote: <br />