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HomeMy WebLinkAboutR26-702177 1 RESOLUTION R26-702 RESOLUTION AUTHORIZING APPLICATION FOR FINANCIAL ASSISTANCE FROM THE TEXAS WATER DEVELOPMENT BOARD FOR WATER SYSTEM IMPROVEMENTS; AND MAKING CERTAIN FINDINGS IN CONNECTION THEREWITH WHEREAS, the City of Plainview, Texas (the "City") hereby finds and determines that there is an urgent need for the construction of improvements to the City's water system; and WHEREAS, such capital improvements cannot be reasonably financed unless financial assistance is obtained from the Texas Development Board (the "TWDB"); and WHEREAS, it is hereby officially found and determined: that public notice of the time, place, and purpose of said meeting was given, all as required by Texas Government Code, Chapter 551. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLAINVIEW, TEXAS: 1. That one or more applications are hereby approved and authorized to be filed with the TWDB seeking financial assistance in an aggregate amount not to exceed $21,000,000 for purposes of the planning, acquisition, design and/or construction of improvements to the City's water system, including water storage facilities, water lines, SCADA, pumps, valves, fittings and related infrastructure improvements. 2. That the Mayor and City Manager of said City are each hereby designated the authorized representatives of the City for the purpose of furnishing such information and executing such documents as may be required in connection with the preparing and filing of such application for financial assistance and with complying with the rules of the TWDB. 3. That the following firms and individuals are hereby authorized and directed to aid and assist in the preparation and submission of such applications and appear on behalf of and represent the City before any hearing held by the TWDB on such application, to -wit: Resolution R26-702 Page 1 of 2 178 Financial Advisor Paul Jasin, Managing Director Steven Adams, Managing Director Specialized Public Finance Inc. 4925 Greenville Avenue Suite 1350 Dallas, Texas 75206 Phone: (214) 373-3911 Fax: (214) 373-3913 Email: paul@spfmuni.com Email: steven@spfmuni.com Bond Counsel Rodolfo "Rudy" Segura Jr McCall, Parkhurst & Horton L.L.P Harwood, Suite 900 Dallas, Texas 75201-6587 Phone: (214) 754-9268 Fax (214) 754-9250 rsegura@mphlegal.com Engineer L. Wood Franklin, P.E. 717 N. Utility Management Service Business Class Leader HDR Engineering 4401 West Gate Blvd., Suite 400 Austin, Texas 78745 Office: (512) 498-4713 Mobile: (737) 351-9016 wood.franklin@hdrinc.com And the Mayor and City Manager of the City is hereby authorized and directed to execute contracts for services with such firms and individuals on behalf of the City. 4. That this Resolution shall become effective immediately upon adoption. PASSED AND APPROVED this 23rd day of July, 2026. ATTEST: Belinda Hinojosa, City ec etary Charles Sam s, Mayor 1 1 1 Resolution R26-702 Page 2 of 2