HomeMy WebLinkAboutResolution 735 Wastewater Transmission Authority
RESOLUTION NO. 735
A RESOLUTION OF THE CITY OF WINTER SPRINGS APPROVING THE
FORM OF AND AUTHORIZING THE EXECUTION OF AMENDMENTS TO AN
INTERLOCAL AGREEMENT PREVIOUSLY ENTERED INTO WITH THE
SOUTH SEMINOLE AND NORTH ORANGE COUNTY WASTEWATER TRANS-
MISSION AUTHORITY; PROVIDING CERTAIN OTHER MATTERS IN
CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of Winter Springs, Florida (the "Customer")
has previously entered into an Interlocal Agreement with the South Seminole
and North Orange County Wastewater Transmission Authority (the "Authority")
governing the charges and fees to such Customer for the use of the Authority's
wastewater transmission system; and
WHEREAS, the Authority has previously issued its Sewer Revenue
Bonds, Series 1986A for the purpose stated in the preceding paragraph which
have been refunded in part by the Authority's $7,835,000 South Seminole and
North Orange County Wastewater Transmission Authority's Sewer Revenue Refund-
ing Bonds, Series 1993; and
WHEREAS, certain covenants contained in the Authority's
Resolution authorizing the prior Sewer Revenue Bonds, Series 1986A have been
defeased and discharged by virtue of the Authority's refunding program and
have been replaced by covenants contained in the Authority's Resolution No.
93-04, as amended, authorizing the issuance of its Sewer Revenue Refunding
Bonds, Series 1993, to the benefit of the Authority and its Customers.
WHEREAS, the parties in the aforementioned Interlocal Agreement
mutually agree that it is in their respective best interests to amend the Inter-
local Agreement to conform to the terms and covenants of the Authority's Resolu-
tion No. 93-04, as amended.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF
WINTER SPRINGS, FLORIDA:
SECTION 1. The form of the Second Amendment to Interlocal
Agreement between the City of Winter Springs and the Authority is hereby approved
and ratified, in substantially the form attached hereto as Exhibit "A".
SECTION 2. This Resolution shall take effect immediately.
Adopted this 14th day of February, 1994.
CITY OF WINTER SPRINGS, FLORIDA
JOHN F. BUSH, MAYOR
ATTEST:
MARY T. NORTON
CITY CLERK