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HomeMy WebLinkAbout05/21/2025 4GAGENDABILL CITY OFBREMERTON 4GCITYCOUNCIL SUBJECT:Study SessionDate: May14, 2025 ResolutionNo. 3397to acceptCleanWater COUNCILMEETINGDate: May21, 2025 RevolvingStateFundLoanAgreement with Department: Public Works andUtilities theDepartmentofEcology toDesign and Presenter: David Powell ConstructtheEastside Treatment Plant Phone: (360) 473-5268 UVReplacementProject SUMMARY:TheCityofBremerton hasnegotiateda CleanWater StateRevolving Fund (CWSRF) loanagreement (Agreement NoWQC-2025-BremPW-00182)withthe toprovidepartial fundingtodesignandconstruct theEastside Treatment PlantUV Replacement Project. The loanis for $3,964,838over20yearsata1.2% interestrate.Tosecurethe loan, aResolution bytheCity Councilaccepting theloanis required, followed byexecutionoftheloanby the Mayor. ATTACHMENTS:1) ResolutionNo. 3397; 2) Loan Agreement; 3) Vicinity MapFISCAL IMPACTS(IncludeBudgeted Amount): Thisproject isintheWastewaterCapital budget for $500,000in2025 and $3,966,593in 2026. STUDY SESSION ACTION:Consent AgendaGeneral BusinessPublic HearingRECOMMENDED MOTION:MovetopassResolution No. 3397to accept LoanAgreement WQC- 2025-BremPW-00182from theWashington State DepartmentofEcologyandauthorize theMayor toexecutetheagreement withsubstantially thesame termsandconditionsas presented. COUNCIL ACTION: Approve Deny Table Continue No ActionFormUpdated04/19/ Docusign Envelope ID: D53F4042-0C42-4602-8BD6-D9B7A8A80E03