RES 20-15CITY OF OTSEGO
COUNTY OF WRIGHT
STATE OF MINNESOTA
RESOLUTION NO: 2020-15
CLEAN WATER REVOLVING FUND LOAN APPLICATION
TO THE
MINNESOTA PUBLIC FACILITIES AUTHORITY
WHEREAS, the City of Otsego has previously requested placement on the 2020 Project Priority List (PPL) for
the East Solids 1(ES1) project for design and construction at the Otsego East Wastewater Treatment Facility
as described in the Otsego Wastewater Master Plan (2018); and
WHEREAS, the design phase for the ES1 project has been completed; and
WHEREAS, the City of Otsego intends to move forward with the construction phase in 2020; and
WHEREAS, the Otsego City Council, adopted Resolution 2020-14 at a meeting on February 24, 2020 to
accept bids and award a construction contract to Rice Lake Construction Group; and
WHEREAS, the City of Otsego will be submitting a complete application package to the Minnesota Public
Facilities Authority.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OTSEGO, MINNESOTA:
1. That the City of Otsego is hereby applying to the Minnesota Public Facilities Authority for a loan
from the Clean Water Revolving Fund for improvements to its municipal wastewater treatment
system as described in the loan application.
2. That the City of Otsego estimates the loan amount to be $17,400,600.
3. That the City of Otsego has the legal authority to apply for the loan, and the financial, technical, and
managerial capacity to repay the loan and ensure proper construction, operation and maintenance
of the project for its design life.
4. That the City of Otsego hereby expresses its official intent to use proceeds of this loan to reimburse
construction expenditures made prior to the issuance of its general obligation bond to the Public
Facilities Authority.
ADOPTED by the Otsego City Council this 9th day of March, 2020.
MOTION BY: Darkenwald
SECONDED BY: Tanner
IN FAVOR: Jtockamp, Darkenwald, Tanner, Warehime
OPPOSED: None
CITY OF OTSEGO
W
Jessica J. Stockamp May6r
Mra br
ATTEST:
Tami M. L , City Clerk