City of Columbus - File #: 0577-2011

• File #: 0577-2011
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 3/31/2011
• In control: Public Utilities Committee
• On agenda: 5/2/2011
• Final action: 5/4/2011
• Title: To authorize the Director of Public Utilities to apply for, accept, and enter into up to eleven (11) Ohio Water Pollution Control Loan Fund Agreements with the Ohio Water Development Authority and the Ohio Environmental Protection Agency, for the financing of up to eleven Division of Sewerage and Drainage Division (DOSD) construction projects; to designate a dedicated source of repayment for the loans; and to declare an emergency.

Date	Ver.	Action By	Action	Result
5/4/2011	1	CITY CLERK	Attest
5/3/2011	1	MAYOR	Signed
5/2/2011	1	Columbus City Council	Approved	Pass
5/2/2011	1	COUNCIL PRESIDENT	Signed
4/20/2011	1	CITY ATTORNEY	Reviewed and Approved
4/20/2011	1	Utilities Drafter	Sent to Clerk's Office for Council
4/19/2011	1	Finance Reviewer	Reviewed and Approved
4/19/2011	1	FINANCE DIRECTOR	Reviewed and Approved
4/19/2011	1	Utilities Drafter	Sent for Approval
4/19/2011	1	Auditor Reviewer	Reviewed and Approved
4/19/2011	1	Auditor Reviewer	Reviewed and Approved
4/19/2011	1	CITY AUDITOR	Reviewed and Approved
4/19/2011	1	Utilities Drafter	Sent for Approval
4/19/2011	1	Utilities Drafter	Sent for Approval
4/15/2011	1	Finance Reviewer	Reviewed and Approved
4/15/2011	1	Finance Reviewer	Reviewed and Approved
4/13/2011	1	UTILITIES DIRECTOR	Reviewed and Approved
4/13/2011	1	Utilities Drafter	Sent for Approval
4/12/2011	1	Utilities Drafter	Sent for Approval
4/12/2011	1	Utilities Reviewer	Sent for Approval
4/11/2011	1	Utilities Reviewer	Reviewed and Approved
4/1/2011	1	Utilities Reviewer	Reviewed and Approved
4/1/2011	1	Utilities Reviewer	Reviewed and Approved
3/31/2011	1	Utilities Drafter	Sent for Approval

Explanation
1. BACKGROUND

Need: The Ohio EPA requires this legislation which authorizes the Director of Public Utilities to apply for and execute up to eleven (11) Ohio Water Pollution Control Loan Fund (WPCLF) loan agreements totaling approximately $22.5 million, for construction of eleven Sanitary projects as identified in Section 1., under the direction of the Division of Sewerage and Drainage. 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 Loan Fund program provides below-market interest rate loans for municipal wastewater treatment improvements.

2. EMERGENCY DESIGNATION: WPCLF loan applications are now being processed for these projects. This authorizing legislation is a requirement for loan approval and must be submitted to the Ohio EPA as a part of each loan application prior to consideration by the Ohio Water Development Authority (OWDA) board for loan award. For the purpose of keeping projects on schedule, therefore, emergency designation is needed.

3. FISCAL IMPACT

Budgeted Amount: There is sufficient budget authority in the 2011 Sewer Systems Operating Funds for application fee expenditures. These loans will be paid off over a 20-year period from sewerage system fees (dedicated source of repayment). Sewerage system 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 up to eleven (11) Ohio Water Pollution Control Loan Fund Agreements with the Ohio Water Development Authority and the Ohio Environmental Protection Agency, for the financing of up to eleven Division of Sewerage and Drainage Division (DOSD) construction projects; to designate a dedicated source of repayment for the loans; and to declare an emergency.


Body

WHEREAS, in 2011 the Department of Public Uti...