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HomeMy WebLinkAbout4272 Resolution - Drinking Water State Revolving Fund Loan Application - Buttterfield Water Treatment Plant ImprovementsRESOLUTION NO. 4272 A RESOLUTION OF THE CITY OF PASCO, WASHINGTON, AUTHORIZING THE SUBMITTAL OF A DRINKING WATER STATE REVOLVING FUND LOAN APPLICATION FOR THE BUTTERFIELD WATER TREATMENT PLANT IMPROVEMENTS PROJECT FOR A LOAN AMOUNT OF UP TO $500,000. WHEREAS, the City of Pasco (City) presently provides domestic water to more than. 80,000 citizens; and WHEREAS, the City relies on the Columbia River for its domestic raw water supply; and WHEREAS, the Butterfield Wastewater Treatment Plant (Butterfield WTP) provides approximately three-quarters of the City's potable water; and WHEREAS, the Butterfield WTP is nearing the end of its forecasted service life, and a phased replacement of the facility over the next 20 years is proposed. The core components of the Butterfield WTP were constructed in 1946 and 1958, making them 75 and 63 years old respectively; and WHEREAS, a Facility Plan was completed by Carollo Engineers, Inc. in July of 2022 to develop the needed improvements to the Butterfield WTP; and WHEREAS, to help fund these improvements, the City would like to pursue a pre - construction Drinking Water State Revolving Fund (DWSRF) loan with 0% interest loan rate, for a maximum award of $500,000; and WHEREAS, the loan agreement has a term of ten (10) years and two percent (2%) non- refundable loan fee upon execution; and WHEREAS, applications for DWSRF loans require authorization of the legislative body. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON: That the City Council, of the City of Pasco, hereby authorizes the submittal of a pre - construction loan application to the DWSRF for the Butterfield WTP Improvements Project. Be It Further Resolved, that this Resolution shall take effect immediately. Resolution - DWSRF Loan Application for Butterfield WTP Improvements Project - I PASSED by the City Council November, 2022. BlancNe Mayor ATTEST: Debra Barham, CMC City Clerk of the City of Pasco, Washington on this 7th day of APPROVED AS TO FORM: `Derr Fergu LLC City Attorneys Resolution - DWSRF Loan Application for Butterfield WTP Improvements Project - 2