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HomeMy WebLinkAbout26-02 Resolution Authorizing the City Controller as Signatory for the State Revolving Loan Program Phone 311 inside City limits 227 WCount Jefferson Building 1-0317114 ,�� Em ail 311Csouthbendin.gov Souh Jefferson Blvd Suite,1200 Nwebsite Southbendm.gov South Bend,IN 46601 . James Mueller,Mayor . U "� d w �� i. 'a° Filed in Clerk's Office , , PEACE - "y x, �/x Jan 21, 2026 1865 Bianca Tirado City Clerk, South Bend, IN City of South Bend Department ofAdm in istra tion &Finance Division ofHuman Resources January 20,2026 Canneth Lee,President City of South Bend Common Council 227 W.Jefferson Boulevard,4th Floor South Bend,Indiana 46601 RE: State Revolving Fund Loan Program Signatory Authorizing Resolution Dear President Lee, This resolution establishes me,Kyle Willis,City Controller as an"Authorized Signatory"for the City of South Bend. This is a requirement by the Indiana Finance Authority.We submit disbursement requests of bond proceeds to them for various projects and currently we have outstanding disbursement requests on hold until this is approved by the Council. This is more of an administrative action that had not been communicated to the City over the last two years. So we're taking action to get in compliance with the Finance Authority. I will present this resolution to the Common Council at the appropriate committee and Council meetings on January 26th,2026. Thank you for your attention to this request.If you should have any questions,please feel to contact me at 574-235-9822. Regards, Y t A-0-Q4„ Kyle Willis City Controller Filed in Clerk's Office Jan 21, 2026 BILL NO. 26-02 Bianca l irado City Clerk, South Bend, IN RESOLUTION NO. A RESOLUTION OF HECOMMON TY CONTROLLER ER AS SIGN THE CITYATORY FOR THEF SOUTH INDIANA,AUTHORIZING STATE REVOLVING LOAN PROGRAM STATEMENT OF PURPOSE AND INTENT WHEREAS, the City of South Bend Water Works Utility of South Bend, Indiana, (the "Participant")has plans for a drinking water infrastructure improvement project to meet State and Federal regulations; and WHEREAS, the Participant intends to proceed with the construction of such project with the support of financing through a State Revolving Fund Loan("SRF Loan"); and WHEREAS, the Participant must designate a signatory for the SRF Loan to meet the requirements of the Indiana Finance Authority; and WHEREAS,the City Controller,Kyle Willis,is designated as the signatory and authorized representative of the Participant. NOW,THEREFORE,BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,INDIANA as follows: SECTION I. Kyle Willis,City Controller, is hereby designated as an "Authorized Signatory"authorized to make application for a State Revolving Fund Loan("SRF Loan")and provide the SRF Loan Program such information,data and documents pertaining to the loan process as may be required and otherwise act as the authorized representative of the Participant. SECTION II. The Participant agrees to comply with State and Federal requirements as they pertain to the SRF Loan Program. SECTION III. Two certified copies of this Resolution shall be prepared and submitted as part of the Participant's Preliminary Engineering Report SECTION IV. That this Resolution shall be in full force and effect from and after its adoption by the Common Council. 1 Canneth J. Lee, Council President South Bend Common Council Attest: Bianca L. Tirado,City Clerk Office of the City Clerk Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the City of South Bend, Indiana on the day of , 2026, at o'clock .m. Bianca L. Tirado, City Clerk Office of the City Clerk Approved and signed by me on the day of , 2026, at o'clock .m. James Mueller, Mayor City of South Bend, Indiana 2