WHEREAS, the North Carolina Clean Water Revolving Loan and Grant Act of 1987 has authorized the making of loans and grants to aid eligible units of government in financing the cost of construction of wastewater treatment works, wastewater collection systems, and water supply systems, water conservation projects, and
WHEREAS, the North Carolina Department of Environmental Quality has offered a State Revolving Loan in the amount of $1,999,950 for the construction of Well Rehabilitation and New Ground Storage Tank, and
WHEREAS, the Town of Edenton intends to construct said project in accordance with the approved plans and specifications,
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF EDENTON: that the Town of Edenton does hereby accept the State Revolving Loan offer of $1,999,950.
That the Town of Edenton does hereby give assurance to the North Carolina Department of Environmental Quality that all items specified in the loan offer, Section II - Assurances will be adhered to.
That I, W. Hackney High Jr., Mayor, and successors so titled, is hereby authorized and directed to furnish such information as the appropriate State agency may request in connection with such application or the project; to make the assurances as contained above; and to execute such other documents as may be required in connection with the application.
That the Town of Edenton has substantially complied or will substantially comply with all Federal, State and local laws, rules, regulations, and ordinances applicable to the project and to Federal and State grants and loans pertaining thereto.
Adopted this the 22nd day of April, 2024.
Signed April 22, 2024 by Mayor W. Hackney High Jr. and Town Clerk Corey Gooden.