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File #:
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0649-2020
Version:
1
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Type:
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Ordinance
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Status:
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Passed
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On agenda:
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5/4/2020
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Final action:
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5/7/2020
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Title:
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To authorize the Director of Public Utilities to apply for, accept, and enter into up to thirty-seven (37) Water Supply Revolving Loan Account Loan Agreements with the Ohio Environmental Protection Agency and the Ohio Water Development Authority, during Program Year 2021, for the construction of water distribution and supply system improvements; and to designate a repayment source for the loans.
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Explanation
1. BACKGROUND: Ohio EPA requires this legislation which authorizes the Director of Public Utilities to execute up to thirty-seven (37) Water Supply Revolving Loan Account (WSRLA) Loan Agreements totaling approximately $266.3 million, for construction of up to thirty-seven (37) water system projects as identified in Section 1, under the direction of the Division of Water (DOW). These Capital Improvements Projects have been nominated and await OEPA's approval for financing through the Water Supply Revolving Loan Account (WSRLA) program in Program Year 2021 which runs from July 1, 2020 through June 30, 2021. This loan program is jointly administered by the Ohio EPA's Division of Environmental and Financial Assistance (DEFA) and the Ohio Water Development Authority (OWDA). The WSRLA program provides below-market interest rate loans for municipal water system improvements.
2. FISCAL IMPACT: All Loan Administration Fees will be rolled into each loan upon execution of the Loan Agreements. These WSRLA loans will be paid off over a 20-year period from water service fees (the dedicated source of repayment). Water service rate 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 thirty-seven (37) Water Supply Revolving Loan Account Loan Agreements with the Ohio Environmental Protection Agency and the Ohio Water Development Authority, during Program Year 2021, for the construction of water distribution and supply system improvements; and to designate a repayment source for the loans.
Body
WHEREAS, in Program Year 2021 the Department of Public Utilities is scheduled to prepare Loan Applications for submittal to the Ohio EPA under the Water Supply Revolving Loan Account (WSRLA) program to finance the construction of up to thirty-seven Capital Improvement Projects under the direction of the Division of Water, the financial assistance for which may be of help in reducing total project costs to the City's water rate payers; and
WHEREAS, the low-interest loans will be applied for based upon the availability of funds through the Ohio EPA's WSRLA program and executed upon approval of the Loan Applications by Ohio EPA; and
WHEREAS, the WSRLA Loan Application and Loan Agreement documents require the City to submit to the Ohio EPA a certified copy of approved City Council legislation authorizing the Director of the Public Utilities Department to apply for and subsequently execute the WSRLA agreement(s); and
WHEREAS, it has become necessary in the usual daily operation of the Department of Public Utilities to authorize the Director to apply for various loans fro the Ohio EPA and OWDA; Now, Therefore:
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Public Utilities is hereby authorized to apply for, accept, and enter into up to thirty-seven (37) Water Supply Revolving Loan Account Loan Agreements with the Ohio Environmental Protection Agency and administered by the Ohio Water Development Authority for the financing of up to thirty-seven (37) Division of Water projects, based upon the availability of funds through the Ohio EPA's Water Supply Revolving Loan Account (WSRLA) program and the Agency's approval, as described, with the "not to exceed" construction costs in parenthesis, as follows:
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1 |
690236-100091 |
Harrington Ct. Area WL Improvements |
($ 3,700,000) |
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2 |
690236-100092 |
S. Hampton Rd. Area WL Improvements |
($ 4,300,000) |
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3 |
690236-100094 |
Thomas Lane Area Water Line Improvements |
($ 3,200,000) |
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4 |
690236-100096 |
Ziegler Ave. Area WL Improvements |
($ 5,000,000) |
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5 |
690236-100097 |
South Weyant Ave. Area WL Improvements |
($ 3,100,000) |
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6 |
690236-100098 |
Chestershire Rd. Area WL Improvements |
($ 3,700,000) |
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7 |
690236-100099 |
Atwood Terrace Area WL Improvements |
($ 3,700,000) |
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8 |
690236-100100 |
Greenway Ave. Area WL Improvements |
($ 3,700,000) |
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9 |
690236-100101 |
Woodland Ave. Area WL Improvements |
($ 4,300,000) |
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10 |
690236-100102 |
Aragon Avenue Area Water Line Improvements |
($ 4,300,000) |
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11 |
690236-100103 |
Mock Road Area Water Line Improvements |
($ 3,700,000) |
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12 |
690236-100104 |
Edsel Avenue Area Water Line Improvements |
($ 3,800,000) |
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13 |
690236-100105 |
Homestead Drive Area Water Line Improvements |
($ 3,700,000) |
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14 |
690236-100106 |
Varsity Avenue Area Water Line Improvements |
($ 3,700,000) |
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15 |
690236-100107 |
Roswell Drive Area Water Line Improvements |
($ 3,900,000) |
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16 |
690236-100112 |
Transite Pipe Replacement |
($ 4,300,000) |
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17 |
690236-100116 |
E. Franklinton WL Improvements (2017) - Constr. Phase 3 |
($ 3,700,000) |
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18 |
690236-100120 |
Newton/Bedford WL Improvements |
($ 700,000) |
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19 |
690236-100140 |
Old Beechwold Area Water Line Improvements |
($ 3,700,000) |
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20 |
690236-100143 |
Eureka-Fremont Area Water Line Improvements |
($ 1,900,000) |
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21 |
690236-100144 |
Kent-Fairwood Area Water Line Improvements |
($ 1,300,000) |
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22 |
690236-100145 |
Palmetto/Westgate Water Line Improvements |
($ 2,500,000) |
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23 |
690278-100005 |
DRWP Misc. Improvements - Basin Clarifier Rehab |
($14,600,000) |
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24 |
690291-100002 |
PAWP Misc. Improves. - Lime Slaker/Soda Ash Feeder |
($ 7,300,000) |
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25 |
690291-100003 |
PAWP Control Room Renovation |
($ 3,100,000) |
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26 |
690358-100001 |
Enhanced Metering - AMI Meters |
($30,500,000) |
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27 |
690389-100001 |
HCWP Basin Concrete Rehabilitation Part 2 |
($36,500,000) |
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28 |
690486-100000 |
HCWP Hypochlorite Disinfection Improvements |
($20,000,000) |
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29 |
690487-100000 |
PAWP Hypochlorite Disinfection Improvements |
($14,900,000) |
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30 |
690502-100000 |
Dublin Road 30” Water Line |
($12,200,000) |
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31 |
690510-100004 |
HCWP Sludge Disposal Line Improvements |
($ 9,200,000) |
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32 |
690511-100000 |
HCWP Intake Structure & Low Head Dam Rehab |
($11,000,000) |
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33 |
690515-100000 |
Water Quality Assurance Lab Renovations |
($14,000,000) |
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34 |
690533-100002 |
PAWP Well Pump Replacemt - CWs #101, #104, and #115 |
($ 9,200,000) |
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35 |
690545-100000 |
HCWP Lime and Soda Ash Dust Collection System Improvements |
($ 1,000,000) |
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36 |
690552-100000 |
Plant Drain & Water System Improvements |
($ 2,500,000) |
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37 |
690588-100001 |
Olentangy River Road 24-Inch Water Main-Phase 2 |
($ 4,400,000) |
SECTION 2. That city water service fee revenues are hereby authorized to be the dedicated source of repayment for the Water Supply Revolving Loan Account loan(s).
SECTION 3. That the City Auditor is authorized to establish proper project accounting numbers as appropriate.
SECTION 4. That the funds necessary to carry out the purpose of this Ordinance are hereby deemed appropriated and the City Auditor shall establish such accounting codes as necessary.
SECTION 5. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.
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