STATE WATER RESOURCES CONTROL BOARD

RESOLUTION NO. 99 - 097

APPROVAL OF A STATE REVOLVING FUND (SRF) LOAN

FOR ELSINORE VALLEY MUNICIPAL WATER DISTRICT (DISTRICT)

REGIONAL WASTEWATER RECLAMATION FACILITIES EXPANSION

SRF LOAN PROJECT NO. C-06-4686-110

WHEREAS:

1. The State Water Resources Control Board (SWRCB), on February 16, 1995, adopted the “Policy for Implementing the State Revolving Fund for Construction of Wastewater Treatment Facilities,” and revised it on June 18, 1998;

2. The SWRCB, on June 18, 1999, adopted the state fiscal year 1999/2000 SRF Loan Program Priority List which included the Regional Wastewater Reclamation Facilities Expansion Project for the District in Priority Class C;

3. The Division of Clean Water Programs (Division) has approved the Facility Plan for the District's Project; and

4. The District has adopted a Mitigated Negative Declaration (State Clearinghouse No. 99041123) prepared for the project, which has been reviewed and considered and it has been determined that the project will not result in any significant environmental impacts.

THEREFORE BE IT RESOLVED THAT:

The State Water Resources Control Board:

1. Approves a SRF loan of $33.5 million with $25 million from the state fiscal year 2000 account for the District's Regional Wastewater Reclamation Facilities Expansion, with a repayment period of 20 years, and the first repayment due one year after completion of construction;

2. Will withdraw this preliminary SRF loan commitment if the District does not initiate construction of the project by February 21, 2000. The Division may approve up to a 90 day extension for good cause; and

3. Directs the Division to allocate the remaining $8.5 million consistent with the construction schedule and availability of funds.

4. Directs the Division not to issue the loan contract until the District's Board of Directors has adopted a water conservation plan that is acceptable to the Division.

CERTIFICATION

The undersigned, Administrative Assistant to the Board, does hereby certify that the foregoing is a full, true, and correct copy of a resolution duly and regularly adopted at a meeting of the State Water Resources Control Board held on October 21, 1999.

/s/

Maureen Marché

Administrative Assistant to the Board