HomeMy WebLinkAbout06-197
DATE SUBMITTED: September 1,2006
AGENDA BILL
CITY OF BREMERTON
CITY COUNCIL
Jk 06 - /17
........................................................................................
SUBJECT: Acceptance ofPWTF Pre-
Construction Loan Agreement No. PW-06-
962-PRE-124.
Committee Meeting Date: 9/13/2006
COUNCIL MEETING Date: 9/20/2006
Department: PW&U, Engineering
Presenter: Mike Mecham
Phone: 473-5288
SUMMARY: The City has been awarded a $550,000 Pre-Construction loan to partially fund design
and other pre-construction activities for the Southwest Bremerton Residential Sewer Extension
project. This project will construct a pump station and force main to provide sewer service to
developments in Southwest Bremerton. A budget adjustment of $550,000 for 2006 is required.
ATTACHMENTS: 1.) Council Summary; 2.) Loan Agreement
FISCAL IMP ACTS (Include Budgeted Amount): This project is not included in the current budget -
a budget adjustment is required.
FISCAL/BUDGET:
OPERATIONS:
COUNCIL PRESIDENT:
I CONSENT AGENDA rn I.
APPROVALS:
DEPARTMENT DIRECTOR.
CITY ATTORNEY:
FINANCE DIRECTOR:
MA YOR:
RECOMMENDED MOTION: Move to approve Public Works Trust Fund Loan No. PW-06-962-
PRE-124, and authorize the Mayor to finalize and execute the loan agreements, and adjust the 2006
budget by adding $550,000 for the Southwest Residential Sewer Extension project.
COUNCIL ACTION: ~pprove D Deny
ab, 2006 Agenda Bills, PWTF SW Bremerton Sewer
D Table
D Continue D No Action