File #: 22-0170    Version: 1 Name:
Type: Motion Status: Passed
File created: 1/14/2022 In control: City Council
On agenda: 1/25/2022 Final action: 1/25/2022
Title: Motion authorizing the City Manager or designee to execute all documents necessary to request an extension of the funding commitment for the receipt of State Water Implementation Fund for Texas (SWIFT) loan in the amount of $211,050,000 for one additional year, until 2023, for the design and construction of a desalination plant. This extension would provide additional time for state and federal agencies to issue permits related to a desalination plant and related facilities.
Sponsors: Utilities Department
Attachments: 1. Agenda Memo - SWIFT Extension for 211M - V3_1-20-22.pdf, 2. TWDB Approval Letter and Resolution.pdf, 3. 51052 Multi-Year Commitment Annual Loan Closing Schedule Form.pdf, 4. SWIFT Multi-Year Confirmation Letter_51052 Corpus Christi.pdf, 5. SWIFT Multi-Year Confirmation Form_51052 Corpus Christi.pdf

Title

Motion authorizing the City Manager or designee to execute all documents necessary to request an extension of the funding commitment for the receipt of State Water Implementation Fund for Texas (SWIFT) loan in the amount of $211,050,000 for one additional year, until 2023, for the design and construction of a desalination plant. This extension would provide additional time for state and federal agencies to issue permits related to a desalination plant and related facilities.