ORD 15-031 CITY OF CAMAS , WASHINGTON
ORDINANCE NO . 15 - 031
AN ORDINANCE of the City of Camas , Washington, to enter into a
Drinking Water State Revolving Fund Loan with the Washington State
Department of Health to provide funds to construct the Slow Sand Filter Water
Treatment Facility .
WHEREAS , the City of Camas , Washington (the " City" ) applied for a Drinking Water
State Revolving Fund Loan (the "Loan") through the Washington State Department of Health
(the "DOH") in the amount of $ 2 , 600 , 000 to provide funds to Slow Sand Filter Water Treatment
Facility (the "Project") ; and
WHEREAS , on December 11 , 2015 , the City received authorization of a Loan in the
amount $ 2 , 600 , 000 for the Project ,
THE CITY COUNCIL OF THE CITY OF CAMAS , WASHINGTON , DOES RESOLVE
AS FOLLOWS .
1 . Terms of the Loan . The Loan will be in the principal amount of $ 2 , 600 , 000 , of
which 50 % ( or $ 1 , 300 , 000 ) will be forgiven by the DOH . The Loan matures in 24 years , and
bears interest at the rate of 1 % . The City Council hereby authorizes the City Administrator or
Finance Director to enter into the Loan on behalf of the City to finance the Project .
2 . General Authorization and Ratification . The Mayor, City Administrator, Finance
Director and other appropriate officers of the City are severally authorized to take such actions
and to execute such documents as in their judgment may be necessary or desirable to carry out
the transaction contemplated in connection with this ordinance and for the proper application,
use and investment of the proceeds of the Loan . All actions taken prior to the effective date of
ORDINANCE NO . 15 - 031
this ordinance in furtherance of the purposes described in this ordinance and not inconsistent
with the terms of this ordinance are ratified and confirmed in all respects .
3 . 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 .
1
PASSED by the City Council and APPROVED by t e May of the City of Camas ,
Washington, at an open public meeting thereof, this 21St day f Decernt er, 2015 .
Mayor
ATTEST .
pohL
City Clerk
APPROVED AS TO FORM :
A,�
City Attorney
51487836 . 1 - 2 -
CERTIFICATE
I , the undersigned, City Clerk of the City of Camas , Washington, (the " City" ) and keeper
of the records of the City Council (the " Council ") , DO HEREBY CERTIFY :
1 . That the attached resolution is a true and correct copy of Ordinance No . 15 - 031 of
the Council (the " Ordinance ") , duly passed at a regular meeting thereof held on the 21St day of
December, 2015 .
2 . That said meeting was duly convened and held in all respects in accordance with
law, and to the extent required by law, due and proper notice of such meeting was given , that a
quorum was present throughout the meeting and a legally sufficient number of members of the
Council voted in the proper manner for the passage of said Ordinance ; that all other requirements
and proceedings incident to the proper passage of said Ordinance have been duly fulfilled,
carried out and otherwise observed ; and that I am authorized to execute this certificate .
Dated this 21St day of December 2015 .
City Clerk