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ORD 15-003CITY OF CAMAS, WASHINGTON ORDINANCE NO. 15-003 AN ORDINANCE of the City of Camas, Washington, ratifying and approving various loans with the State of Washington. WHEREAS, the City of Camas, Washington (the "City") entered into various loans with the State of Washington (the "State") between 1997 and 2012 and the City Council approved each loan by motion; and WHEREAS, it is in the interest of the City for the City Council to ratify these loans by ordinance; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF CAMAS, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. Ratifying and Approving the Loans. The City Council hereby ratifies and approves the City entering into the following loans with the State and the execution of the loan agreements for each loan: Original Source of Type ofLoan Year Project Amount Repayment Public Works Trust 1997 Parker Street Project $ 900,000.00 General Obligation Fund Loan Public Works Trust 1999 Wastewater Treatment 3,195,000.00 Sewer Utility Fund Loan Plant Upgrade Public Works Trust 2001 1st Street Improvements 613,731.00 General Obligation Fund Loan Department of 2001 Wastewater Treatment 8,163,523.00 Sewer Utility Ecology Loan Plant Upgrade Community 2001 Fisher Basin Waterline 600,000.00 Water Utility Economic Revitalization Board Loan Public Works Trust 2003 1st Street Improvements 2,522,398.08 General Obligation Fund Loan Public Works Trust 2007 Wastewater Treatment 1,000,000.00 Sewer Utility Fund Loan Plant Upgrade Public Works Trust 2008 Wastewater Treatment 10,000,000.00 Sewer Utility Fund Loan Plant Upgrade - 1 - 51418233.1 Original Source of Type ofLoan Year Project Amount Repayment Drinking Water 2009 Camas Well #14 $ 663,000.00 Water Utility State Revolving Construction Fund Loan Department of 2011 Wastewater Treatment 5,168 ,026.26 Sewer Utility Ecology Plant Upgrade Drinking Water 2012 544 Ft. Pressure Zone 7 ,920 , 792.00 Water Utility State Revolving Project Fund Loan Public Works Trust 2012 Sanitary Sewer 3,740,000.00 Sewer Utility Fund Loan Transmission Main Section 2. Effective Date of Ordinance. This ordinance shall take effect and be in force from and after its passage and five days following its publication as required by law. PAS SED by the City Council and APPROVED by the Mayor of the City of Camas, Washington, at an open public meeting thereof, this .J..t:' 3 :c Mayor ATTEST: ~ ~OA- City Clerk -2- 51418233 .1 CERTIFICATION I, the undersigned, City Clerk of the City of Camas, Washington (the "City"), hereby certify as follows : 1. The attached copy of Ordinance No l~ @ the "Ordinance") is a full, true and correct copy of an ordinance duly passed at a regular meeting of the City Council of the City held at the regular meeting place thereof on r.eb i 1 '2015 , as that ordinance appears on the minute book of the City. 2. The Ordinance will be in full force and effect five days after publication in the City's official newspaper , which publication date is f.tb 11 , 2015. 3. A quorum of the members of the City Council was present throughout the meeting and a majority of the members voted in the proper manner for the passage of the Ordinance. Dated: f-tbrltUlj l], 2015 . 5 1418233.1