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TR-93-41 J"(AA Iry 11�( 3 ROOLU_TION -93-41 YL&A A RESOLUTION AUTHORIZING A LOAN ORDER IN THE AMOUNT OF $1,435,000 FOR THE CONSTRUCTION OF THE WESTFIELD RIVER SEWAG LIMPING STATIONS, WHEREAS, Bond Counsel has advised that the original loan order (TR-89-19)approved on September 4, 1990 be confirmed by a vote of the Agawam Town Council; and WHEREAS, It is in the best interests of the Town of Agawam to confirm TR-89-I9; and WHEREAS, It is in the best interests of the Town of Agawam, the environment and the water quality of the Westfield River, to increase the capacity of this sewer system; and WHEREAS, Engineering studies have shown that the most economical alternate is to construct a new pumping station; NOW THEREFORE, THE TOWN COUNCIL OF THE TOWN OF AGAWAM hereby votes that it is ordered: that $1,435,000 is appropriated for the purpose of financing the construction of the Westfield River Sewage Pumping Station and appurtenances including without limitation all costs thereof as defined in Section 1 of Chapter 29C of the General Laws; that to meet this appropriation the Treasurer with the approval of the Mayor is authorized to borrow $1,435,000 and issue bonds or notes therefore under Chapter 44 Section 7(a) of the General Laws and/or Chapter 29C of the General Laws; that the Treasurer with the approval of the Mayor is authorized to determine whether such bonds or notes shall be general obligations of the Town and/or shall be secured by local system revenues as defined in Section 1 of Chapter 29C; that the Treasurer with the approval of the Mayor is authorized to borrow all or a portion of such amount from the Massachusetts Water Pollution Abatement Trust established pursuant to Chapter 29C and in connection therewith to enter into a loan agreement with the Trust and ' otherwise to contract with the Trust and the Department of Environmental Protection with respect to such loan and for any federal or state aid available for the project or for the financing thereof; that the Mayor is authorized to enter into a project regulatory agreement with the Department of Environmental Protection, to expend all funds available for the project and to take any other action necessary to carry out the project. ' DATED THIS THIRD DAY OF AUGUST 1993. ' PER ORDER OF THE AGAWA TOWN COUNCIL � . 1l� l�� Jam . Taylor, P dent APP AS T FORM AND LEGALITY C Q L.A L) t omas S. Locke 1' i . QQ MAYORAL ACTION Received this NIA day of , 1993 from Town Council Clerk. (Signed by Council President August 3, 1993) APPROVAL OF LEGISLATION By the powers vested in me pursuant to Article 3, Section 3--6 of the Agawam Charter, as amended, I hereby approve the passage of the above legislation on this Ninth day of Angus t 1993 . C is ophe C. hnson, Mayor O DISAPPROVAL OF LEGISLATION By the powers vested in me pursuant to Article 3 , Section 3--6 of the Agawam Charter, as amended, I hereby veto the passage of the above legislation on this day of 1993 for the following reason(s) : Christopher C. Johnson, Mayor RETUR OF LEGISLA KR Returned to Council Clerk this Ninth day of August 1993 .