Loading...
HomeMy WebLinkAboutReso 28-2017 (17-259) „x sAN City of South San Francisco `c) �p P.O. Box 711 (City Hall, n 400 Grand Avenue) South San Francisco,CA JET O —_ City Council c9L/F0 0l'' Resolution: RES 28-2017 File Number: 17-259 Enactment Number: RES 28-2017 RESOLUTION AUTHORIZING THE SUBMITTAL OF A LETTER OF INTEREST FOR THE WATER INFRASTRUCTURE FINANCE AND INNOVATION ACT OF 2014 PROGRAM FUNDS FOR THE WATER QUALITY CONTROL PLANT WET WEATHER AND DIGESTER IMPROVEMENTS PROJECT. WHEREAS,the City of South San Francisco ("City")City Council reviewed a multi-year rate plan("rate plan") and capital improvement plan ("capital plan") for the Water Quality Control Plant ("Plant") at a City Council study session on January 18, 2017; and WHEREAS,the capital plan presented in the study session identified the Water Quality Control Plant Wet Weather and Digester Improvements Project (the "Project") to increase Plant reliability and backup capabilities, and to comply with National Pollutant Discharge Elimination System("NPDES") including: Digester replacement and rehabilitation; Wet weather and blending minimization and mitigation improvements to comply with NPDES requirements; and Additional capital improvements necessary to comply with environmental requirements for the regional discharge permit, as may be required over this rate plan time period; and WHEREAS, the City Council will formally approve a rate plan at a public meeting in June of 2017; the revenues generated by the new rates will fund the loan repayments for the capital improvements; and WHEREAS, the City will provide public notice of the public meeting and will comply with all public information requirements to ensure that the public and the sewer ratepayers are adequately informed about the rate plan; and WHEREAS, the current estimated construction cost for the Project is $44 million, and due to the large overall Project costs, construction of the Project will need to obtain financing; and WHEREAS, the Water Infrastructure Finance and Innovation Act of 2014 ("WIFIA") established the WIFIA program, a federal credit program administered by Environmental Protection Agency for eligible water and wastewater infrastructure projects, and WHEREAS, the WIFIA program provides a credit program at cost effective interest rates; and WHEREAS, there is no cost for submitting a letter of interest for WIFIA funding, and staff recommends that the City submit a letter of interest for WIFIA financing for the Project. City of South San Francisco Page 1 File Number: 17-259 Enactment Number: RES 28-2017 NOW THEREFORE, BE IT RESOLVED by the City Council of the City of South San Francisco that the City Manager(the"Authorized Representative")or designee is hereby authorized and directed to sign and file,for and on behalf of the City of South San Francisco,a Letter of Interest for WIFIA program funds for the construction and construction management of Water Quality Control Plant Wet Weather and Digester Improvements Project. BE IT FURTHER RESOLVED by the City Council of the City of South San Francisco that the Authorized Representative, or his/her designee, is designated to represent the City of South San Francisco in carrying out the City's responsibilities under the Letter of Interest on behalf of the City and compliance with applicable state and federal laws. At a meeting of the City Council on 3/22/2017, a motion was made by Liza Normandy, seconded by Richard Garbarino, that this Resolution be approved. The motion passed. Yes: 5 Vice Mayor Normandy, Councilmember Garbarino, Councilmember Matsumoto, Mayor Gupta, and Councilmember Addiego Attest by Gabriel Rodriguez City of South San Francisco Page 2