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HomeMy WebLinkAbout5919RESOLUTION NO. 5919 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING THE MAYOR TO CERTIFY THE APPLICATION FOR, AND, IF AWARDED, ACCEPT AND ADMINISTER A PUBLIC WORKS TRUST FUND LOAN FROM THE WASHINGTON STATE PUBLIC WORKS BOARD TO FINANCE CONSTRUCTION OF THE EAST VALLEY HIGHWAY WIDENING PROJECT (CP2311) WHEREAS, the City's Transportation Improvement Program (TIP) includes Project CP2311, which is a project to improve East Valley Highway from 800 feet north of the Lakeland Hills Way to 1,300 feet south of Terrace Drive (Project); and WHEREAS, to finance the Project, the City has applied for a $10,000,000 competitive loan from the Washington State Public Works Board, to be repaid over 20 years with local funds. The City anticipates that the Board will approve the City's loan application; and WHEREAS, it is in the best interest of the City to use Public Works Board loan proceeds to partly finance the construction of the Project. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, HEREBY RESOLVES as follows: Section 1. The Mayor is authorized to certify the City's Public Works Trust Fund Loan application. Section 2. The Mayor is authorized to execute and administer a loan agreement between the City and the Washington State Public Works Board for a total of up to -------------------------- Resolution No. 5919 July 8, 2026 Page 1 $10,000,000 or such other loan amounts authorized by the Washington State Public Works Board. Section 3. The Mayor is authorized to negotiate, enter, and administer agreements to spend the loan funds for the Project, and to implement other administrative procedures necessary to carry out the directives of this legislation. Section 4. The City Clerk is authorized to make necessary corrections to this Resolution including, but not limited to, the correction of scrivener's/clerical errors, references, Resolution numbering, section/subsection numbers, and any references thereto. Section 5. This Resolution shall take effect and be in full force upon passage and signatures. Dated and Signed this 20th day of July. ATTEST: Shawn Campbell, MMC, City Clerk ---------------------------- Resolution No. 5919 July 8, 2026 Page 2 CITY OF AUBURN NArC� K S, MAYOR ... FO JAson Whalen, City Attorney East Valley Highway Project — Public Works Trust Fund Loan Application Certification Form Attachment - Applicant Certification WHEREAS, the City of Auburn is applying to the Washington State Public Works Board for funding for an eligible project; and WHEREAS, RCW 43.155.070 requires that applicants planning under RCW 36.70A.040 must have adopted comprehensive plans in conformance with the requirements of chapter 36.70A RCW, and must have adopted development regulations in conformance with requirements of chapter 36.70A RCW; and WHEREAS, RCW 70A.205.055 requires a comprehensive Solid Waste Management Plan to be adopted by the city or county, and WHEREAS, RCW 70.235.070 requires Greenhouse Gas Emission Reduction; and WHEREAS, RCW 43.155.070(8) requires that a project for a solid waste or recycling facility is consistent with and necessary to implement the comprehensive solid waste management plan adopted by the city or county under chapter 70A.205.055 RCW; and WHEREAS, the applicant certifies that it has a currently adopted plan for each and every one of the systems it owns and operates and that these plans fully conform to the specifics within this application; and WHEREAS, RCW 43.155.070 requires that county and city applicants must have adopted the local optional one -quarter of one percent Real Estate Excise Tax, as described in chapter 82.46 RCW; and WHEREAS, the local government must be using all local revenue sources which are reasonably available for funding public works, taking into consideration local employment and economic factors; and WHEREAS, the applicant states that their Capital Facility Plan (or similar) is consistent with the Comprehensive Land Use Plan of thejurisdiction in which they provide service; and WHEREAS, the local governing body has approved submission of this application to the Public Works Board; and WHEREAS, the applicant certifies that, there is currently no litigation in existence seeking to enjoin the commencement or completion of the above -described public facilities project or to enjoin the applicant from repaying the loan extended by the Public Works Board with respect to such project. The applicant is not a party to litigation which will materially affect its ability to repay such loan on the terms contained in the loan agreement; and WHEREAS, the applicant recognizes and acknowledges that the information in the application forms is the only information which will be considered in the evaluation and/or rating process. Incomplete responses will result in a reduced chance of funding. In order to ensure fairness to all, the Public Works Board does not accept any unsolicited additional written materials or permit applicants to make presentations before the Board; and WHEREAS, it is necessary that certain conditions be met as part of the application process; and WHEREAS, RCW 43.155.060(3) requires that the project will be advertised for competitive bids and administered according to standard local procedure; and WHEREAS, the award will not exceed the maximum amount allowed by the Public Works Board of eligible costs incurred for the project; and WHEREAS, any loan arising from this application constitutes a debt to be repaid, and Jamie Thomas / Director of Finance has reviewed and concluded it has the necessary capacity to repay such a loan; and WHEREAS, the information provided in this application is true and correct to the best of the government's belief and knowledge and it is understood that the state may verify information, and that untruthful or misleading information may be cause for rejection of this application or termination of any subsequent funding agreement(s); and NOW THEREFORE, the Citv of Auburn certifies that it meets these requirements, and further that it intends to enter into a funding agreem with the Public Works Board, provided that the terms and conditions are satisfactory to both parties. Signed: _X�h Name: N at�C tv —®ICJ Title: Kow Date: l\ O � 70, b-i 12l®