05/22/2012 Resolutions 2012-134RESOLUTION 2012-134
WHEREAS, on June 28, 2011, Council awarded the contract for the Uranium
Removal System — Equipment Procurement to Water Remediation Technology (WRT); and
WHEREAS, as a condition of issuing WRT a radioactive material license for the
operation of the uranium removal system, the Nebraska Department of Health and Human Services
(NDHHS) is requiring the City to provide financial assurance for decommissioning activities of the
system in the event that WRT should default in its contractual obligations; and
WHEREAS, a Statement of Intent for Financial Assurance will need to be submitted
to NDHHS indicating that the City will make these funds available if required; and
WHEREAS, the Utilities Department proposes to place $225,000 into a restricted
cash account in the Water Enterprise Fund to meet this requirement.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Statement of Financial Assurance for
Water Remediation Technology, LLC, Radioactive Material License be executed and submitted to
the Nebraska Department of Health and Human Services.
Adopted by the City Council of the City of Grand Island, Nebraska, May 22, 2012.
Attest:
0.� �
RaNae Edwards, City Clerk
Approved as to Form a�
May21,2012 � City rney