HomeMy WebLinkAbout4376 Resolution - DOE Loan for Rivershore Sewer Interceptor Upsizing Ph 1RESOLUTION NO.4376
A RESOLUTION OF THE CITY OF PASCO, WASHINGTON
AUTHORIZING THE SUBMITTAL OF A DEPARTMENT OF ECOLOGY
CLEAN WATER STATE REVOLVING FUND (CWSRF) LOAN
APPLICATION FOR THE RIVERSHORE SEWER INTERCEPTOR UPSIZING,
PHASE 1 PROJECT FOR AN AMOUNT OF UP TO $1,300,000.00.
WHEREAS, the Rivershore Sewer Interceptor Upsizing, Phase 1 project will increase
wastewater capacity in the City of Pasco's (City) largest sewer interceptors leading to the
wastewater treatment plant; and
WHEREAS, the City is growing and needs additional wastewater capacity to serve its
customers based on recommendations from the 2021 Comprehensive Sewer Plan; and
WHEREAS, Phase 1 currently at conceptual design stage and is recommended in the 2021
Comprehensive Sewer Plan and Capital Improvement Plan and is identified as CSP#17, 20, and
21; and
WHEREAS, the funding strategy for this project involves pursuing a preconstruction
CWSRF low -interest loan through Washington State Department of Ecology's Financial
Assistance Program; and
WHEREAS, an application is prepared for an amount of up to $1,300,000 to cover design
and permitting activities for the project; and
WHEREAS, as currently advertised, CWSRF 20-year Design Loans have a 1.2% interest
rate; and
WHEREAS, if the City is selected as a recipient for the CWSRF 20-year loan, the loan
agreement will be subject to City Council review and approval.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF PASCO, WASHINGTON:
That the City Council authorizes the submittal of the low -interest loan CWSRF application
to the Department of Ecology for the Rivershore Sewer Interceptor Upsizing, Phase 1 project; and
further authorizes the City Manager to execute the loan documents.
Be It Further Resolved, that this Resolution will take effect immediately.
Resolution - Rivershore Sewer Upsizing, PH 1 - 1
PASSED by the City Council of the City of Pasco, Washington, on this 2nd day of October,
2023.
i!�� -
Blanche Barajas
Mayor
ATTEST:
Debra Barham, CMC
City Clerk
Resolution - Rivershore Sewer Upsizing, PH 1 - 2
APPROVED AS TO FORM:
Kerr F son Law, PLLC
ttorneys