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HomeMy WebLinkAbout12-037 - Accepting Washington State Public Works Board Trust Fund Loan Mandated LT2ESWT Resolution 12-037 PWTF Loan Page I of 1 RESOLUTION NO. 12-037 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, AUTHORIZING THE CITY MANAGER TO ACCEPT A LOAN FROM THE WASHINGTON STATE PUBLIC WORKS BOARD PUBLIC WORKS TRUST FUND (PWTF) TO FUND THE MANDATED LONG TERM 2 ENHANCED SURFACE WATER TREATMENT FACILITY WHEREAS, the City is required to comply with the Long Term 2 Enhanced Surface Water Treatment Rule (LT2ESWTR) regulation for providing at least 2-log inactivation or removal of Cryptosporidium; and WHEREAS,the City has chosen a UV disinfection treatment facility to meet compliance with the LT2ESWTR; and WHEREAS, the LT2ESWTR UV filtration facility's estimated total project cost is $9,907,000; and WHEREAS,the project is in the design and planning stage with construction estimated to start in early 2014 and completion in early 2015; and WHEREAS, the City desires to accept for the LT2ESWTR UV filtration facility project PWTF loan of$5,000,000 with a loan fee of 0.5%; and WHEREAS, the PWTF loan of$5,000,000 is to cover a portion of the project cost; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend that the City Manager is hereby authorized to accept the Washington State Department of Health, Office of Drinking Water, PWTF Construction Loan ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this 17th day of September 2012. David King, ayor Attest. Approved as to form: w, Pamela Kolacy, MMC, City Clerk John P. Watts, City Attorney