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Resolution 76-77-05-02 RESOLUTION NO. 1976-77-5-2 RESOLUTION AUTHORIZING THE CITY MANAGER TO MAKE PREAPPLICATION TO THE U. S. DEPARTMENT OF AGRICULTURE, FARMERS HOME ADMIN- ISTRATION FOR A GRANT/LOAN FOR OVERHEAD WATER STORAGE IMPROVE- MENTS. WHEREAS, The City of Wylie has inadequate overhead water storage to meet the immediate needs of the citizens to afford adequate water capacity in peak periods, and adequate pressure at all times~ and, WHEREAS, The City of Wylie has need to plan for the additio'1al capacity of the citizens because of growth~ and, WHEREAS, The City Manager is responsible to the City Council for grant administration~ and, WHEREAS, The U. S. Department of Agriculture, Farm~rs Home Administration, under the Consolidated Farms and Rural Development Act, Section 306~ Public Law 92-419~ 7 U.S.C. 1926, has funds available in the form of Guaranteed/Insured Loans~ Project Grants~ and, WHEREAS, Funds may be used for installation, repair, improvement of a rural water system including distribution lines, pumping facilities and costs related thereto~ and, WdEREAS, Municipalities having a population less than 10,000, and are unable to finance the proposed project from its own resources or through commercial credit at reasonable rates and terms, and has legal authority neceaary for constructing, operating, and maintaining the proposed facility and for ob- taining, giving security for and repaying the proposed loan. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WIT.,IE, that the City Manager is authorized to make pre- application in behalf of the City of Wylie to the U.S. De- partment of Agriculturel Farmers Home Administration for a grant/ loan for Overhead Water Storage Improvements. PASSED AND APPROVED this the 10th 7 1/1/1. . C j~ /1/1(1 ;t{:h ATTEST: h~~~) UJA ~fr?U City Secretary