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#4 & #5 Authoritze sanitary sewer improvements and interfund borrowing & apply for clean water loan (File Res. #2010-713 & 2010-714) DEPARTMENT OF PUBLIC WORKS MEMORANDUM June 18, 2010 TO: City Council FROM: Daniel L. Lynch, PE, Utility Director SUBJECT: Action on Proposed Resolutions Authorizing the City Manager to Proceed with Improvements to the Wastewater Utility-Sanitary Sewer System, to Apply for a Wisconsin Clean Water Fund Loan and to Authorize Interfund Borrowing to Provide Interim Funding (File Resolution Nos. 2010-713 and 2010-714) Summary The City of Janesville has over 300 miles of sanitary sewer mains. Annual preventative maintenance on this system is necessary to help insure that the system remains operational. Preventative maintenance activities fall into two major categories. The first is the routine sewer cleaning activities performed by Utility employees to remove material which may interfere with the flow of the sewage through the sewer mains. The second maintenance activity is focused on the structural integrity of the sewer system. In this part of the Utility’s annual maintenance program, sewers in need of major repair or replacement are identified. Funding to inspect and repair these sewers has, in the past, come from the operating budget of the Wastewater Utility and from General Obligation (G.O.) Note borrowing. These resolutions will allow the City to pursue lower interest loans from the Wisconsin Department of Natural Resources (WDNR) instead of continuing to use the higher interest G.O. Notes. Department Recommendation The Utility staff strongly supports this project and encourages the City Council to adopt the proposed resolutions. Adoption of these resolutions does not create any additional financial obligation on the part of the City. Like the City’s other construction projects, this project will come before the Council following bid openings when contract award recommendations are made. Suggested Motion Move to adopt Resolution Numbers 2010-713 and 2010-714 authorizing the City’s application for a low interest loan and providing for interim financing for the proposed Wastewater Utility-Sanitary Sewer System improvements. City Manager Recommendation The City Manager concurs with the Utility’s recommendation. Analysis Following the structural failure and subsequent collapse of several major sanitary sewers during the 1990’s, the sewer maintenance program was expanded so sewers could be inspected and repaired or replaced before a collapse occurred. These maintenance activities are mostly designed and managed by the City’s Engineering 1 Department as part of its annual public works construction programs. Specifically, this work involves the inspection of sanitary sewers through televising, the repair or replacement of manholes and the repair, relining or replacement of mainline sanitary sewers. Funding for these projects has come from the operating budget of the Wastewater Utility ($290,000 in 2010) and from General Obligation Note borrowing (estimated at $875,000 for 2010). These amounts reflect a continuation of past funding levels. Adoption of these resolutions will simply allow the City to pursue low interest loans from the Wisconsin Department of Natural Resources instead of continuing to use G.O. Notes. Adoption of these resolutions does not commit the City to borrowing these funds or proceeding with any part of these projects. Both the award of future construction contracts and the application for a low interest WDNR loan will require future Council action. cc: Eric Levitt, City Manager Jay Winzenz, Director of Administrative Services Carl Weber, Director of Public Works 2 3 RESOLUTION NO. 2010-713 A Resolution authorizing interfund borrowing to provide interim funding for the Clean Water Loan Project and to comply with requirements of the Wisconsin Clean Water Loan Program WHEREAS, the City of Janesville, through its engineering department will provide engineering services to prepare the construction plans and specifications and for construction of improvements to the sanitary sewer system of the City of Janesville; and WHEREAS, the City Council intends to fund this project by a combination of funding that includes: funds in the 2010 operating budget and borrowing or receiving funds in 2010 in the form of a Wisconsin Department of Natural Resources Clean Water Loan Program low interest loan as outlined in the following table: Project Funding Summary Funding Amount 2010 Wastewater Utility Operating Budget $290,000 Clean Water Loan Program (DNR) $875,000 Total Project Cost $1,165,000 WHEREAS, the Wastewater Utility will make application for a Wisconsin Clean Water Loan Program to assist design and construction of sanitary sewer improvements including the televising of sanitary sewers, repair, reline or replace sanitary sewer structures and mains and repair of sewer main wyes; and WHEREAS, the City desires to comply in all respects with the requirements of the Wisconsin Clean Water Loan Program and to refrain from any financial activity which may be considered impermissible arbitrage; and WHEREAS, these projects and the funding are all found to be in the best interest and of benefit to the City, its residents, properties, and businesses. NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville that they hereby approve and authorize the City Administration to take actions necessary to provide funding for the design and construction of repairs and/or replacements of sewer mains and structures of the sanitary sewer system not to exceed $1,165,000. No funds from sources other than its water system revenue bond or the Available Funds identified above are, or are expected to be, reserved, allocated on a long-term basis, or otherwise set aside by the City for the project, except as permitted by the Internal Revenue Code of 1986. This declaration of official intent is consistent with the budgetary and financial circumstances of the City. The purpose of this Resolution is to satisfy the “official intent requirement” of Treasury Regulation Section 1.150-2; and BE IT FURTHER RESOLVED, that the City of Janesville hereby sets forth as its policy compliance with all requirements of the Wisconsin Clean Water Loan Program so as to avoid impermissible arbitrage in financing and refinancing of the site acquisition, design and construction of thee utility facilities, and otherwise; and BE IT FURTHER RESOLVED, that the City pay for services received prior to the approval of any loan(s) from the Wisconsin Clean Water Loan Program and that such expenditures be paid from the general funds of the Utility or funds previously borrowed in the City’s prior G.O. notes; and BE IT FURTHER RESOLVED, that the City has the intent to seek financing and refinancing with the Wisconsin Clean Water Loan Program to pay $875,000 of the expenditures for the design and construction of these sanitary sewer system improvements, all said financing and refinancing to be in compliance with the Wisconsin Clean Water Loan Program so that the City may be eligible for all monies available under said program; and BE IT FURTHER RESOLVED, that the City may pay for services provided in conjunction with the design and construction of these sanitary sewer system improvements performed by independent contractors and seek reimbursement from the Wisconsin Clean Water Loan Program from the general funds of the Utility; and BE IT FURTHER RESOLVED, that the City has the intent that Clean Water Loan Program repayments be repaid with the revenues of the City wastewater user charge system; and BE IT FURTHER RESOLVED, that the City Manager and/or his designee(s), on behalf of the City of Janesville, is/are hereby authorized to administratively negotiate, draft, execute, review, enter in, modify, amend, record, file, and otherwise effectuate the above agreements and promissory note, and/or to make and enter into any and all other agreements, contracts, documents, papers, and forms, and/or to take whatever other actions that the City Manager and/or his designee(s) may, from time to time and at any time, determine necessary and/or desirable to effectuate the above transactions, agreements, and/or above all the intent and/or purposes of this Resolution. ADOPTED: Motion by: Second by: APPROVED: Councilmember Aye Nay Pass Absent Brunner McDonald Eric Levitt, City Manager Perrotto Rashkin ATTEST: Steeber Truman Voskuil Jean Ann Wulf, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Utility Director Prepared by: Utility Director Shared/Resolution NO 2010-713 interfund borrowing.doc RESOLUTION NO. 2010-714 A Resolution authorizing the City Manager to proceed with certain improvements to the Wastewater Utility-Sanitary Sewer System and to apply for a Wisconsin Clean Water Fund Loan WHEREAS, Inspection, repair, and/or replacement of the City’s existing sanitary sewer system including the sewer mains and structures is a necessary maintenance activity to insure the proper operation of the sewer system; and WHEREAS, The sanitary sewer mains and structures are necessary components of the overall sewer system and convey the untreated sewage from its point of generation to the City’s wastewater treatment plant; and WHEREAS, the design of a sanitary sewer system improvements are underway; and WHEREAS, the construction of this project is expected to begin in June 2010; and WHEREAS, the City Council intends to fund this project by a combination of funding that includes: funds in the 2010 operating budget and borrowing or receiving funds in 2010 in the form of a Wisconsin Department of Natural Resources Clean Water Loan Program low interest loan as outlined in the following table: Project Funding Summary Funding Amount 2010 Wastewater Utility Operating Budget $290,000 Clean Water Loan Program (DNR) $875,000 Total Project Cost $1,165,000 WHEREAS, the balance of said cost will be eligible for a Wisconsin Department of Natural Resources (WDNR) Clean Water Loan Program low interest loan which will be repaid by user fees; and WHEREAS, the WDNR has required that an authorized representative be designated by adopted resolution for a Clean Water Fund Loan Program low interest loan; and WHEREAS, these projects and the funding are all found to be in the best interest and of benefit to the City, its residents, properties, and businesses; and WHEREAS, Daniel L. Lynch, P.E., 18, N. Jackson Street, Janesville, Wisconsin 53545, (608) 755- 3115, is the Utility Director of the City of Janesville; NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville that they hereby approve and authorize the City Administration to take actions necessary to provide funding for the design and construction of repairs and/or replacements of sewer mains and structures of the sanitary sewer system not to exceed $1,165,000. No funds from sources other than its water system revenue bonds or the Available Funds identified above are, or are expected to be, reserved, allocated on a long-term basis, or otherwise set aside by the City for the project, except as permitted by the Internal Revenue Code of 1986. This declaration of official intent is consistent with the budgetary and financial circumstances of the City. The purpose of this Resolution is to satisfy the “official intent requirement” of Treasury Regulation Section 1.150-2; and BE IT FURTHER RESOLVED, by the Common Council of the City of Janesville that the City Manager be authorized to apply to the Wisconsin Department of Natural Resources for a Clean Water Loan Program low interest loan and that it endorses Daniel L. Lynch as the authorized representative in any actions or for any requirements for a Clean Water Fund Program low interest loan; and BE IT FURTHER RESOLVED, that the City Manager and/or his designee(s), on behalf of the City of Janesville, is/are hereby authorized to administratively negotiate, draft, execute, review, enter in, modify, amend, record, file, and otherwise effectuate the above agreements and promissory note, and/or to make and enter into any and all other agreements, contracts, documents, papers, and forms, and/or to take whatever other actions that the City Manager and/or his designee(s) may, from time to time and at any time, determine necessary and/or desirable to effectuate the above transactions, agreements, and/or above all the intent and/or purposes of this Resolution. ADOPTED: Motion by: Second by: APPROVED: Councilmember Aye Nay Pass Absent Brunner McDonald Eric Levitt, City Manager Perrotto Rashkin ATTEST: Steeber Truman Voskuil Jean Ann Wulf, City Clerk-Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Utility Director Prepared by: Utility Director