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HomeMy WebLinkAbout07-086 DA TE SUBMITTED: March 30, 2007 BILL # 07- oSCo AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........m............................................................................... SUBJECT: Acceptance of PWTF Loan Agreement No. PW-07-962-006 Committee Meeting Date: April 11, 2007 COUNCIL MEETING Date: April 18, 2007 Department: PW &U, Engineering Presenter: Thomas Knuckey Phone: 473-2376 SUMMARY: The City has been awarded a Public Works Trust Fund Loan in the amount of $3,000,000 to partially fund the construction of the upgrades to the City's Wastewater Treatment Plant. The upgrades will improve reliability of the plant and provide redundancy in critical components of the treatment processes. ATTACHMENTS: 1. Council Summary 2. Map, 3. PWTF Loan Agreement FISCAL IMPACTS (Include Budgeted Amount): This project is included in the Capital Improvement Plan and in the 2007 Budget. APPROVALS: ~ DEPARTMENT DIRECTOR. CITY ATTORNEY: FINANCE DIRECTOR: MA YOR: COMMITTEE CHAIR COUNCIL PRESIDENT: ~e~ /f1J~ 7'. CONSENT AGENDA GENERAL BUSINESS D PUBLIC HEARING D RECOMMENDED MOTION: Move to approve Public Works Trust Fund Loan No. PW-07-962- 006 and authorize the Mayor to finalize and execute the loan agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: Love ab, Agenda Bills 2007,PWTF WWTP Upgrade D Deny D Table D Continue D No Action