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HomeMy WebLinkAbout01-142 AGENDA BILL BREMERTON CITY COUNCIL 1. SUBJECT: ACCEPTANCE OF PWTF FOR AGENDA OF: June 27, 2001 CONSTRUCTION LOAN AGREEMENT NO. ORIGINATING DEPT: PW&U Engineering Div. PW-01-691-007 FOR PARTIAL FUNDING OF ORIGINATOR: Jennifer Strehler, City Engineer THE MANETTE CSO TREATMENT PLANT. DATE SUBMITTED: June 19, 2001 ~ 2. CLEARANCES: (conmaent on back~ec~ 3. EXHIBITS Director, Public Works/Utilities ~~*~:~ j A.~onstruction Loan Agreement No. Assistant City Attorney ~ PW-01-691-007 City Treasurer ~: ~ Council Budget & Finance Committee '_. Council Operations Committee ~ ~ ENDORSE_ME~T /~ INF~ION APPROVED BY COUNCIL PRESIDENT FOR SUBMITTAL: MAYOR '--~' /,~ COUNCIL PRESIDENT 4. SUMMARY STATEMENT AND REQUIREMENT FOR COUNCIL ACTION: The City has been awarded a Public Works Trust Fund (PWTF) Loan for Three Million Dollars ($3,000,000). This loan provides partial funding for construction of the Manette CSO Treatment Plant. The request before the City Council is to approve the PWTF Construction Loan Agreement No. PW-01-691-007. 8. RECOMMENDATION: Move to approve Public Works Trust Fund (PWTF) Construction Loan Agreement No. PW-01-691-007 for partial funding of the Manette CSO Treatment Plant, in an amount of Three Million Dollars ($3,000,000), and authorize the Mayor to execute the same. 9. RESPONSIBLE OFFICIAL: Director of Public Works & Utilities ENFORCEMENT OFFICIAL: Director of Public Works & Utilities EXPIRATION DATE: REVIEW DATE: 10. NOTICE 0F ACTION PULLED __ TABLED __ APPROVED L/// DISAPPROVED AMENDED COUNCIL DIRECTIVE W~ ~ · ~/' ~ . 11. AGENDA BILL NO: 0[- 2. CLEARANCE COMMENTS: 5. IMPACT ON NON-PASSAGE: Funds would not be available for construction of the Manette CSO Treatment Plant. 6. IMPACT ON STAFFING~ BUDGETS~ FACILITIES~ EQUIPMENT OR OTHER RESOURCES: Staffing: No Impact. Budget: The loan agreement provides the budget for thc required construction activities. Facilities/Equipment: No Impact. 7. RESEARCH SOURCES ab, 200I Agenda Bills, PWTF Laan for Manette CSO Tr~atrnent Plant