City of Columbus - File #: 1439-2004

• File #: 1439-2004
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 7/15/2004
• In control: Utilities Committee
• On agenda: 9/13/2004
• Final action: 9/15/2004
• Title: To authorize the Director of Public Utilities to execute four (4) Water Pollution Control Loan Fund Agreements with the Ohio Water Development Authority and the Ohio Environmental Protection Agency, for the financing of four Sewerage and Drainage Division projects.

Date	Ver.	Action By	Action	Result
9/15/2004	1	CITY CLERK	Attest
9/14/2004	1	MAYOR	Signed
9/13/2004	1	Columbus City Council	Read for the First Time
9/13/2004	1	Columbus City Council	Waive the 2nd Reading	Pass
9/13/2004	1	Columbus City Council	Approved	Pass
9/13/2004	1	COUNCIL PRESIDENT	Signed
8/16/2004	1	Utilities Drafter	Sent to Clerk's Office for Council
8/12/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
8/12/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
8/9/2004	1	Utilities Reviewer	Reviewed and Approved
8/6/2004	1	Utilities Drafter	Sent for Approval
8/3/2004	1	CITY ATTORNEY	Reviewed and Approved
8/2/2004	1	Utilities Drafter	Sent for Approval
7/26/2004	1	CITY AUDITOR	Reviewed and Approved
7/23/2004	1	Auditor Reviewer	Reviewed and Approved
7/22/2004	1	UTILITIES DIRECTOR	Reviewed and Approved
7/22/2004	1	Utilities Drafter	Sent for Approval
7/16/2004	1	Utilities Reviewer	Reviewed and Approved
7/15/2004	1	Utilities Drafter	Sent for Approval

Explanation

Need: The Ohio EPA requires this legislation which authorizes the Director of Public Utilities to execute three (4) WPCLF loan agreements for four Sewerage & Drainage Division projects. These Capital Improvements Projects, as identified in Section 1., are being financed through the Ohio Water Pollution Control Loan Fund (WPCLF). This loan program is jointly administered by the Ohio EPA's Division of Environmental and Financial Assistance, and the Ohio Water Development Authority (OWDA). The WPCLF provides below-market interest rate loans for municipal wastewater treatment improvements.

2. FISCAL IMPACT

Budgeted Amount: There is sufficient budget authority in the 2004
Sewer System Operating Fund for application fee expenditures. These loans will be paid off over a 20-year period from sewerage system fees. Sewerage fee increases have been projected and planned in anticipation of these projects and loans.


Title

To authorize the Director of Public Utilities to execute four (4) Water Pollution Control Loan Fund Agreements with the Ohio Water Development Authority and the Ohio Environmental Protection Agency, for the financing of four Sewerage and Drainage Division projects.


Body

WHEREAS, the City has or will be submitting loan applications to the Ohio EPA under the Ohio Water Pollution Control Loan Fund (WPCLF),to finance four (4) Division of Sewerage and Drainage projects, which assistance will be of help in reducing total project costs to the City's sewerage customers; and

WHEREAS, the City is required to submit to the Ohio EPA a certified copy of the approved City Council legislation which authorizes the Director of the Public Utilities Department to execute the WPCLF agreements; now therefore

BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:

Section 1. That the Director of Public Utilities be, and hereby is, authorized to execute four (4) Water Pollution Control Loan Fund Agreements with the Ohio Wa...