City of Columbus - File #: 1231-2007

• File #: 1231-2007
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 7/12/2007
• In control: Utilities Committee
• On agenda: 9/10/2007
• Final action: 9/13/2007
• Title: To authorize the Director of Public Utilities to apply for, accept, and enter into a Water Pollution Control Loan Fund Agreement with the Ohio Water Development Authority and the Ohio Environmental Protection Agency for the construction of sewerage system wastewater treatment facilities; and to designate a dedicated repayment source for the loan and to declare an emergency.

Date	Ver.	Action By	Action	Result
9/13/2007	2	CITY CLERK	Attest
9/12/2007	2	MAYOR	Signed
9/10/2007	2	Columbus City Council	Approved as Amended	Pass
9/10/2007	1	Columbus City Council	Amended to Emergency	Pass
9/10/2007	2	COUNCIL PRESIDENT	Signed
7/30/2007	1	Columbus City Council	Read for the First Time
7/19/2007	1	Utilities Drafter	Sent for Approval
7/19/2007	1	Utilities Drafter	Sent for Approval
7/19/2007	1	Utilities Drafter	Sent to Clerk's Office for Council
7/19/2007	1	Auditor Reviewer	Reviewed and Approved
7/19/2007	1	CITY ATTORNEY	Reviewed and Approved
7/16/2007	1	Utilities Drafter	Sent for Approval
7/16/2007	1	UTILITIES DIRECTOR	Reviewed and Approved
7/13/2007	1	Utilities Drafter	Sent for Approval
7/13/2007	1	Utilities Reviewer	Sent for Approval
7/12/2007	1	Utilities Drafter	Sent for Approval
7/12/2007	1	Utilities Reviewer	Reviewed and Approved

Explanation
1. BACKGROUND

Need: The Ohio EPA requires this legislation which authorizes the Director of Public Utilities to execute a WPCLF loan agreement totaling approximately $5.2 million, for construction of the Jackson Pike Wastewater Treatment Plant Skimmings Concentrator System Improvements Project, CIP No. 650255, under the direction of the Sewerage & Drainage Division. This Capital Improvements Project is 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 2007 Sewer System Operating Fund for application fee expenditures. These loans will be paid off over a 20-year period from sewerage system fees (dedicated source of repayment) . Sewerage fee increases have been projected and planned in anticipation of these projects and loans.

Title

To authorize the Director of Public Utilities to apply for, accept, and enter into a Water Pollution Control Loan Fund Agreement with the Ohio Water Development Authority and the Ohio Environmental Protection Agency for the construction of sewerage system wastewater treatment facilities; and to designate a dedicated repayment source for the loan and to declare an emergency.


Body

WHEREAS, the Department of Public Utilities is preparing a loan application for submittal to the Ohio EPA under the Ohio Water Pollution Control Loan Fund (WPCLF) program to finance the construction of the Jackson Pike Wastewater Treatment Plant Skimmings Concentrator System Improvements project, which financial assistance will be of help in reducing total project costs to the City's sewerage customers; and

WHEREAS, the WPCLF loan application and loan ag...