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HomeMy WebLinkAbout05-291 DATE SUBMITTED December 5,2005 BILL # OS'J,( AGENDA BILL CITY OF BREMERTON CITY COUNCIL .........................1.&............................................................a.... SUBJECT. Acceptance ofPWTF Loan Agreement No PW-05-691-PRE-135 , CommIttee Meetmg Date COUNCIL MEETING Date Department Presenter Phone December 14, 2005 December 21~, 2005 PW &U, Engmeenng Tom Kmickey " 473-2376 SUMMARY The CIty has been awarded a $200,000 PublIc Works Trust Fund Loan to partIally fund desIgn of the upgrade to'the Wastewater Treatment Plant The upgrade Will ,provIde for redundancy of several processes at the plant, and WIll addItIonally address relIabIlIty concerns With 1 [ eXIstmg eqUipment ThIS loan wIll proVide matchmg funds for an eXIstmg State and Tnbal AssIstance Grant that Will partIally fund the project ThIS loan agreement IS under the same terms and condItIons as pnor agreements ATTACHMENTS CouncIl Summary I FISCAL IMPACTS (Include Budgeted Amount) Funds would not be avaIlable to complete the , project desIgn APPRO V ALS DEPARTMENT DIRECTOR CITY ATTORNEY FINANCE DIRECTOR MAYOR FISCALIBUDGET OPERATIONS , COUNCIL PRESIDENT y~ ~ RECOMMENDED MOTION ~Move ~to approve Pu\l;c Works Trust Fund Loan No PW-05-691- PRE-135 and authonze the Mayor to finalIze a~d execute the loan agreement " COUNCIL ACTION ~prove 0 Deny abl Agenda Bills 2005/PWTF Loan Agreement PW0569IPRE135 o Table o Contmue 0 No ActIOn ,I