HomeMy WebLinkAbout1988-09-06; City Council; Resolution 88-326' * -4
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RESOLUTION NO. 88-326
A RESOLETIOK OF THE CITY COLVqCIL OF THE CITY
OF CARLSBAD, CALIFORNIA, AUTHGRIZING THE CITY
STAFF TO K'oiiii KITH OTHER ENCINA MEPiBER AGENCIES
TO FOmf A SIXGLE PGTFOSE 2OINT POWERS AUTHORITY
FOR THE PCRPOSE OF FINANCING A PORTIGX OF THE
ENCINA PHASE IV EXPAKSION COSTS
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WHEIEEAS, the members of the Encina Kater Pollution Control Fac
have elected to build a i3.5 ?ED expansio;l to the existing Encina se1
treatment piant; and
WHEREAS, the City of Carlsbad's share of the expansion cost wi
approximately $11.3 million; and
hXEREAS, the City or' Carisbad and other Encina members €ind it
t~ issue bonds to Finance their share of the construction costs: anc
WEEREAS, it is in the interest of the City of Carisbad to foru
Purpose joint Powers Authority with other mernbers of the Encina ager
to share debt issue costs. thereby reducing the total cost to any si
~~uli, THEilEF'CjRE, EE IT RESGLVED by the City Council or' the Cit
Carisbad9 California, that the City staff is hereby authorized to In
members or' the Encina agency. to pursue the formation of a Single F
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powers Authority, and to return to the City Council with documents fa
formatiorL of such joint Powers Authority for Council review and appro
PASSED, APFROVED. AND ADGPTED at a regular meeting of the Carls
Council held on the 6th day of September i938, by the foliowing vo
AYES: Council Members Lewis, Kulchin, Pettine, Mamaux and Larsc
EGES: None
ABSENT : None
ATTEST
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