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HomeMy WebLinkAboutA063 - Council Action Form dated June 27, 2023 ITEM #: 18 DATE: 06-27-23 DEPT: PW COUNCIL ACTION FORM SUBJECT: SETTING DATE OF PUBLIC HEARING FOR STATE REVOLVING FUND CLEAN WATER LOAN IN AN AMOUNT NOT TO EXCEED $2,150,000 FOR SANITARY SEWER SYSTEM IMPROVEMENTS BACKGROUND: This loan provides funding for the annual Sanitary Sewer System Improvements program for rehabilitation/reconstruction of deficient sanitary sewers and deteriorated manholes at various locations throughout the city. System improvement locations have been identified and prioritized through manhole inspections, smoke testing, and televising over the last several years. The Capital Improvement Plan (CIP) includes State Revolving Fund (SRF) Clean Water Loan funding for the program. This funding will allow for the rehabilitation of sanitary sewers along US Hwy 69 (S. Duff, Lincoln Way, and Grand Ave). This project is part of Basin 12 in the Sanitary Sewer System Evaluation (SSSE) study (see map). The SRF Clean Water Loan will provide $2,150,000 of funding for this Sanitary Sewer System Improvements program. Repayment of the loan will be from the Sanitary Sewer Fund. This action will set the public hearing, which is required to proceed with the SRF loan. ALTERNATIVES: 1. Set July 11, 2023, as the date of public hearing to enter into a State Revolving Fund Clean Water Loan agreement in an amount not to exceed $2,150,000. 2. Delay the hearing on the loan agreement. 3. Finance these improvements from other revenues sources. CITY MANAGER'S RECOMMENDED ACTION: Setting the date of public hearing will ensure that City staff can proceed with the loan funding and sanitary sewer system improvements plan as previously approved by Council. Therefore, it is the recommendation of the City Manager that the City Council adopt Alternative No. 1, as noted above. 1