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HomeMy WebLinkAbout04-105DATE SUBMITTED: 'M~y.-4w-14}4~- BILL June 2, 2004 AGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Acceptance of PWTF Loan Committee Meeting Date: June 9, 2004 Agreement No. PW-04-691-010, and COUNCIL MEETING Date: June 1~, 2004 DWSRF Loan Agreements No. 03-65103- Department: PW&U, Engineering 009, and 03-65103-010. Presenter: Tom Knuckey Phone: 473-2376 SUMMARY: The City has been awarded a $4,960,000 Public Works Trust Fund Loan to partially fund CSO Reduction Improvements in the Pacific Avenue Basin. The City was additionally awarded two Drinking Water State Revolving Fund Loans; $101,000 to partially fund installation ora Chlorine Generator at the Anderson Creek Pump Station, and $505,000 to fund seismic upgrades to water reservoirs. These agreements are under the same terms and conditions as prior agreements. ATTACHMENTS: None FISCAL IMPACTS (Include Budgeted Amount): Funds would not be available to construct the Improvements APPROVALS: DEPARTMENT DIRECTOR CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: FISCAL/BUDGET: [~ x;2-x ~.~._...~_L._~,~ ~.. CONSENT AGENDA OPERATIONS: t/ ~ ~, ~'' ~'~ COUNCIL PRESIDENT: "'"'~ r~x..o-v~ RECOMMENDED MOTION: Move to approve Publig Works Trust Fund Loan No. PW-04-691- 010, Drinking Water State Revolving Fund Loan No. 03-65103-009, and Drinking Water State Revolving Fund Loan No. 03-65103-010, and authorize the Mayor to finalize and execute the loan agreements. COUNCIL ACTION: ~Approve [] Deny [] Table [] Continue [] No Action ab, Agenda Bills 2004, Loan PW-04-691-010 & DWSRF