HomeMy WebLinkAboutA006 - Council Action Form dated November 8, 2022 ITEM # 27
DATE: 11-08-22
COUNCIL ACTION FORM
SUBJECT: SETTING DATE OF PUBLIC HEARING FOR STATE REVOLVING FUND
CLEAN WATER LOAN IN AN AMOUNT NOT TO EXCEED $12,700,000
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
through field investigation completed over the last several years. Several structural defects
(rating of 4 or 5) have been identified as priorities within this program through manhole
inspections, smoke testing, and televising.
The Capital Improvement Plan (CIP) includes State Revolving Fund (SRF) Clean Water Loan
funding for the program. This funding will allow for significant improvements for five projects;
Sanitary Sewer Rehabilitation (Wilson Ave and 15th Street), Sanitary Sewer Rehabilitation
(Munn Woods), Sanitary Sewer Rehabilitation (Siphon), Sanitary Sewer Rehabilitation (Basin
10), and Sanitary Sewer Rehabilitation (Ames High School & Veenker Golf).
The SRF Clean Water Loan will provide $12,700,000 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. Establish November 22, 2022, as the date of public hearing to enter into a State
Revolving Fund Clean Water Loan agreement in an amount not to exceed
$12,700,000.
2. The City Council can delay the hearing on the loan agreement.
3. The City Council can decide to fund 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 approve
Alternative No. 1 , as described above.