DATE: October 13, 2015
TO: Mayor and City Council
FROM: Director of Utilities & Environmental Services
SUBJECT
Title
Recycled Water Project: Adoption of Reimbursement Resolution and Pledged Revenues and Funds Resolution for the State Revolving Fund Loan Application
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RECOMMENDATION
Recommendation
That the City Council adopts the attached resolutions (Attachments I and II) required by the State Water Resources Control Board (SWRCB) for the Recycled Water Project State Revolving Fund (SRF) loan application.
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SUMMARY
On May 19, 2015, the City Council adopted Resolution 15-072, authorizing the City Manager to sign and file an SRF Loan application for an amount not to exceed $12 million for the design and construction of the Recycled Water Project. Since that time, staff has submitted three parts of the application that include General Information, Technical, and Environmental packages. Staff is currently in the process completing the fourth and final application package - the Financial Security Package. In order to complete this package, SFR regulations require that the City adopts two Resolutions - the Reimbursement Resolution and the Pledged Revenues and Funds Resolution.
BACKGROUND
The City prepared a Recycled Water Feasibility Study in 2007 that provided a conceptual overview of the potential for delivering highly treated wastewater for irrigation and other industrial uses. Based on the results of the Feasibility Study, a Recycled Water Facility Plan (Plan), partially funded by a grant from the SWRCB, was completed in 2009 and updated in September 2013.
The Plan identifies potential users for recycled water within the City, presents a conceptual treatment and distribution system, and estimates project costs based on an assessment of prevailing conditions. The original Plan envisioned the City receiving excess recycled water from the Russell City Energy Center (RCEC), ...
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