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File #:
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1107-2022
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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5/9/2022
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Final action:
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5/11/2022
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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-five (35) Water Supply Revolving Account Loan Agreements with the Ohio Environmental Protection Agency and the Ohio Water Development Authority, during the Program Year 2023, for the construction of water distribution and supply system improvements; and to designate a repayment source for the loans. (AMENDED BY ORDINANCE 3373-2022 PASSED 12/12/2022)
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Explanation
BACKGROUND: This legislation is required by Ohio EPA to authorize the Director of Public Utilities to execute up to thirty-five (35) Water Supply Revolving Loan Account (WSRLA) Loan Agreements totaling approximately $233 million, for construction of up to thirty-five (35) 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 2023 which runs through July 1, 2022 through June 30, 2023. 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.
FISCAL IMPACT: All applicable 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-five (35) Water Supply Revolving Account Loan Agreements with the Ohio Environmental Protection Agency and the Ohio Water Development Authority, during the Program Year 2023, for the construction of water distribution and supply system improvements; and to designate a repayment source for the loans. (AMENDED BY ORDINANCE 3373-2022 PASSED 12/12/2022)
Body
WHEREAS, in the Program Year 2023 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-five Capital Improvements 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 by Ohio EPA of the Loan Applications; 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, accept, and enter into up to thirty-five (35) Water Supply Revolving Account Loan Agreements with the Ohio Environmental Protection Agency and the Ohio Water Development Authority; 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-five (35) Water Supply Revolving Loan Account Loan Agreements with the Ohio Environmental Protection Agency and administered by the Ohio Water Development Authority for the financing for up to thirty-five (35) 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 |
690236-100092 |
S. Hampton Rd. Area WL Improvements |
$4,100,000.00 |
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2 |
690236-100099 |
Atwood Terrace Area WL Improvements |
$4,200,000.00 |
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3 |
690236-100100 |
Greenway Ave Area WL Improvements |
$4,200,000.00 |
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4 |
690236-100102 |
Aragon Ave Area WL Improvements |
$3,600,000.00 |
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5 |
690236-100106 |
Varsity Ave Area WL Improvements |
$3,600,000.00 |
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6 |
690236-100107 |
Roswell Dr. Area WL Improvements |
$4,100,000.00 |
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7 |
690236-100113 |
Manchester Ave Area WL Improvements |
$1,200,000.00 |
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8 |
690236-100120 |
Newton/Bedford Area WL Improvements |
$600,000.00 |
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9 |
690236-100121 |
Brixham Rd. Area WL Improvements |
$3,600,000.00 |
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10 |
690236-100122 |
Miller Ave Area WL Improvements |
$3,600,000.00 |
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11 |
690236-100123 |
Roosevelt Ave Area WL Improvements |
$3,600,000.00 |
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12 |
690236-100124 |
Norris Drive Area WL Improvements |
$4,200,000.00 |
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13 |
690236-100125 |
Riverview Dr. Area WL Improvements |
$3,600,000.00 |
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14 |
690236-100126 |
Sawmill Place Blvd. WL Improvements |
$3,600,000.00 |
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15 |
690236-100127 |
Wellington Blvd Area WL Improvements |
$3,600,000.00 |
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16 |
690236-100128 |
Lee Ellen Place Area WL Improvements |
$4,200,000.00 |
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17 |
690236-100129 |
Bluefield Dr. Area WL Improvements |
$3,600,000.00 |
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18 |
690236-100130 |
Clearview Ave Area WL Improvements |
$3,600,000.00 |
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19 |
690236-100131 |
Atlanta Dr. Area WL Improvements |
$3,600,000.00 |
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20 |
690236-100132 |
Elizabeth Ave Area WL Improvements |
$3,600,000.00 |
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21 |
690236-100143 |
Eureka/Fremont Area WL Improvements |
$2,400,000.00 |
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22 |
690236-100144 |
Kent/Fairwood Area WL Improvements |
$1,200,000.00 |
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23 |
690236-100145 |
Palmetto/Westgate Area WL Improvements |
$2,400,000.00 |
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24 |
690236-100153 |
English Way Area WL Improvements |
$140,000.00 |
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25 |
690358-100001 |
EMP - Metering Equipment (Ph 2) |
$40,000,000.00 |
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26 |
690502-100000 |
Dublin Road 30-Inch WL |
$12,000,000.00 |
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27 |
690291-100002 |
PAWP Lime Slaker & Soda Ash Feeder |
$14,300,000.00 |
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28 |
690291-100003 |
PAWP Control Room Renovation |
$3,000,000.00 |
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29 |
690486-100000 |
HCWP Hypochlorite Disinfection Imps |
$33,400,000.00 |
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30 |
690487-100000 |
PAWP Hypochlorite Disinfection Imps |
$25,300,000.00 |
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31 |
690523-100000 |
DRWP Laboratory Upgrades |
$2,400,000.00 |
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32 |
690540-100002 |
Water Treatment Residuals Turnkey Dewatering |
$50,600,000.00 |
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33 |
690545-100000 |
HCWP Lime & Soda Ash Dust Collection Imps |
$3,500,000.00 |
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34 |
690552-100000 |
Plant Drain & Water System Imps (DRWP) |
$8,700,000.00 |
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35 |
690578-100000 |
DRWP Caustic Feed Imps |
$2,000,000.00 |
SECTION 2. That city water rate 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 City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this Ordinance.
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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