2021-1881 CITY OF JANESVILLE
RESOLUTION NO. 2021- 1881
A RESOLUTION authorizing execution of the Department of Natural Resources Principal
Forgiven Financial Assistance Agreement.
WHEREAS, the City of Janesville (the "Municipality") wishes to undertake a project to replace
private lead service lines at residences, pre-K — 12 schools, and licensed and/or certified
daycare centers, identified as DNR No. 5119-06 (the "Project"); and
WHEREAS, the Municipality has applied to the Safe Drinking Water Loan Program (the
"SDWLP") for financial assistance in the form of a loan made by the SDWLP to the Municipality
of which all the principal will be forgiven at the time the loan disbursements are made to the
Municipality, pursuant to the DNR Financial Assistance Agreement; and
WHEREAS, the SDWLP has determined that it can provide a loan with principal forgiveness in
an amount up to $1,950,000 that it has identified as being eligible for SWDLP funding;
NOW, THEREFORE, IT IS HEREBY RESOLVED by the Common Council of the City of
Janesville that the City Manager and City Clerk are authorized by and on behalf of the
Municipality to execute the Principal Forgiven Financial Assistance Agreement that contains the
terms and conditions of the SDWLP award for the project. The Principal Forgiven Financial
Assistance Agreement is incorporated herein by this reference.
ADOPTED: April 12, 2021 Motion by: Consent
Second by: Consent
APPROVED: Councilmember Aye Nay Pass Absent
Benson X
Conley X
Mark . reitag, City Manager Farrell X
Johnson X
ATTEST: Marklein X
Williams X
Wolfe X
Derek e, Interim City Clerk-Treasurer
APPROVED AS TO FORM:
Wald K imcz'k, City Attorney
Proposed by: David Botts, Utility Director
Prepared by: David Botts, Utility Director