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2020-1738 RESOLUTION NO. 2020-1738 A resolution authorizing the purchase of an aeration basin wall fan. WHEREAS, the Department of Public Works is responsible for properly operating the Wastewater Treatment Plant; and WHEREAS, having reliable and functional equipment will ensure the Wastewater Treatment Plant operates most efficiently; and WHEREAS, the lead time to replace a failed fan is estimated at 16 weeks, thus, reducing the Wastewater Treatment Plant's ability to properly treat waste. NOW, THEREFORE BE IT RESOLVED, by the Common Council of the City of Janesville that they hereby approve and authorize the City to expend funds not to exceed $25,000 for the purchase of an aeration basin wall fan; and BE IT FURTHER RESOLVED by the Common Council that this authorization commits the Common Council to include up to $25,000 in the 2020 General Obligation Note Issue for this purpose as permitted by the Internal Revenue Code of 1986. This declaration of official intent is consistent with the budgetary and financial circumstances of the City. The purpose of this Resolution is to satisfy the "official intent" requirement of the Treasury Regulation Section 1.150- 2. ADOPTED: February 10, 2020 Motion by: Consent Second by: Consent APPROVED: i Councilmember Aye Nay Pass Absent a ' _ Benson X Conley X Mark A. reitag, City Manager Farrell X Gruber X ATTES /j Marklein X Williams X 1 Wolfe X David T. Godek, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimc k, City Attorney Proposed by: Utility Division Prepared by: Utility Division