2234RESOLUTION 2234
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MOSES LAKE,WASHINGTON
AUTHORIZING SUBMITTAL OF APPLICATION TO THE COMMUNITY ECONOMIC
REVITALIZATION BOARD FOR FUNDING THE COST OF CONSTRUCTION OF
PUBLIC FACILITY PROJECTS
^WHEREAS the Community Economic Revitalization Board (CERB)of the State of
Washington Department ofCommunity,Trade and Economic Development awards loans and
grantsto help finance the construction ofpublic facility projects necessitated by private sector
development,for the purpose ofstrengthening the economies ofareawith below average growth,
andto provide incentives to businesses which employment opportunities particularlyfor
economically disadvantaged residents,and
WHEREAS Pacific Rim Ethanol LLC, intends to construct anethanol producing plant in
the Moses Lake area,but only ifCERB funds areprovided to the City ofMoses Lake to enable
the city to construct water and sewer mains to facilitatethe new plant, and
WHEREAS the City Council believes that the new ethanol plant that will be constructed
by Pacific Rim Ethanol LLC will strengthen the economy ofthe Moses Lake areaand will
expand employment opportunities for economically disadvantaged residents ofthe city,
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
MOSES LAKE AS FOLLOWS:
1.The City Manageris hereby authorized and directed to submit an application to
the Community Economic Revitalization Board for a loan of$300,000 and a grant of$700,000
for funds to construct infrastructure consisting ofwater and sewer which is necessary for the new
(I ethanolplantthatwill be constructedby PacificRim EthanolLLC in the area ofMoses Lake.
2. A copy ofthis resolution shallbe submitted with the CERB application.
3. This Resolution shallbe effective immediately upon passage and signatures
hereto.
PASSED and DATED this 8th day of Februa*y^2000.(^"~~^-\
u
Mayor
ATTEST:
4inance Director