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HomeMy WebLinkAbout26-016 Authorizing the Application for Loan Funding for Planning and Pre-Construction of the Monroe Street Lift Station Rehabilitation Project in an Amount not to Exceed $780,000Resolution 26-016 RESOLUTION NO.26-016 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, AUTHORIZING THE APPLICATION FOR LOAN FUNDING FOR PLANNING AND PRE -CONSTRUCTION OF THE MONROE STREET LIFT STATION REHABILITATION PROJECT IN AN AMOUNT NOT TO EXCEED $780,000 WHEREAS, the City of Port Townsend's ("City") 2024 Adopted General Sewer Plan identifies Capital Improvement Plan Project No.WWI Existing Monroe Street Lift Station Improvements; and WHEREAS, the Monroe Street Lift Station Rehabilitation Project will extend the lift station's original design life cycle by including interim improvements intended to repair, upgrade or replace mechanical and electronic components and increase pumping capacity to 1010 gallons per minute. The General Sewer Plan concluded that increasing pumping capacity alone would not fully resolve the station's capacity deficiency; and WHEREAS, the City will apply for a loan from the Washington State Public Works Board to finance eligible planning and pre -construction costs in an amount not to exceed $780,000; and WHEREAS, the City commits to providing required local matching funds, repaying the loan, and abiding by the provisions of the loan agreement, if awarded; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend to authorize application to the Washington State Public Works Board for loan financing for planning and pre -construction of the Monroe Street Lift Station Rehabilitation Project in an amount not to exceed $780,000. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this 20th day of July, 2026. w Mayor Attest. Alyssa di1r es City rk