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File #: ID17-676    Version: 1 Name:
Type: Action Item Status: Agenda Ready
File created: 5/3/2017 In control: City Council
On agenda: 5/18/2017 Final action:
Title: Actions pertaining to a $12,000,000 State Revolving Fund Low Interest Loan through the State Water Resources Control Board for construction of a 6-million gallon finished water reservoir at the City of Fresno's Northeast Surface Water Treatment Facility (Council District 6) 1. ***RESOLUTION - Authorizing its Director of Public Utilities (Director) or designee to sign financing agreement, amendments, and certifications for funding under the Drinking Water State Revolving Fund (DWSRF); authorizing its director or designee to approve claims for reimbursement; authorizing its Director or designee to execute budget and expenditure summary; authorizing its director or designee to sign the final release form and its Director or designee to sign the certification of project completion; and pledging and dedicating net water revenues to payment of DWSRF Financing 2. ***RESOLUTION - To pledge revenues and fund(s) to satisfy repayment obligations for financial assistance agreement with the Califor...
Sponsors: Department of Public Utilities
Attachments: 1. 2017-05-18 RESOLUTION - SRF Pledge.pdf, 2. 2017-05-18 RESOLUTION - SRF Reimbursement.pdf
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REPORT TO THE CITY COUNCIL

May 18, 2017


FROM: THOMAS C. ESQUEDA, Director
Department of Public Utilities

THROUGH: MICHAEL CARBAJAL, Planning Manager
Department of Public Utilities - Water Division

BY: GLENN A. KNAPP, PE, Professional Engineer
Department of Public Utilities - Water Division

SUBJECT
Title

Actions pertaining to a $12,000,000 State Revolving Fund Low Interest Loan through the State Water Resources Control Board for construction of a 6-million gallon finished water reservoir at the City of Fresno's Northeast Surface Water Treatment Facility (Council District 6)
1. ***RESOLUTION - Authorizing its Director of Public Utilities (Director) or designee to sign financing agreement, amendments, and certifications for funding under the Drinking Water State Revolving Fund (DWSRF); authorizing its director or designee to approve claims for reimbursement; authorizing its Director or designee to execute budget and expenditure summary; authorizing its director or designee to sign the final release form and its Director or designee to sign the certification of project completion; and pledging and dedicating net water revenues to payment of DWSRF Financing
2. ***RESOLUTION - To pledge revenues and fund(s) to satisfy repayment obligations for financial assistance agreement with the California State Water Resources Control Board for a 6-million gallon water storage tank at the City of Fresno's Northeast Surface Water Treatment Facility
Body
RECOMMENDATION
Staff Recommends that the City Council:
1. Adopt Pledge Revenue and Reimbursement resolutions for a State Revolving Fund Low Interest Loan for $12,000,000 through the State Water Resources Control Board for construction of a 6-million gallon finished water reservoir at the City of Fresno's Northeast Surface Water Treatment Facility;
2. Authorize the Director of Public Utilities or designee(s) to execute all documents on behalf of the City.
EXECUTIVE SUMMARY
The long-term over-pumping of our groundwater aqu...

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