HomeMy WebLinkAboutCOW 2003-09-22 Item 4B - Loan Application - Public Works Trust Fund for Allentown Phase II / Foster Point Sewer and Cascade View Drainage ProjectsOriginal Sponsor:
I Timeline:
Sponsor's Summary:
ITEM INFORMATION
CAS Number: 03-120 I Original Agenda Date: September 22, 2003
Agenda Item Title: Public Works Trust Fund Loans
Recommendations:
Sponsor:
Committee:
Administration:
Cost Impact (if known):
Fund Source (if known):
Meeting Date
9/22/03
Council
Meeting Date
9/22/03
Meeting Date
9/22/03
COUNCIL AGENDA SYNOPSIS
Prepared by
BS
Initials
1 Mayor's review 1 Council review
I I
1
Admin. Public Works
Public Works Trust Fund (PWTF) Loan applications for the Allentown Phase II/Foster Point
Sewer and Cascade View Drainage Projects were recommended to the 2004 Legislature for
approval. Funding becomes available when the Governor signs the bill, which is anticipated to
occur in April 2004.
Information.
Forward to Committee of the Whole.
Same as Sponsor.
City matching funds are Sewer $300,000 Surface Water $464,000, remainder over 20 yrs.
See above
RECORD OF COUNCIL ACTION`
Action
APPENDICES'
Attachments
Information Memo dated September 15, 2003
Two Letters from the Washington State Public Works Board
Utilities Committee Meeting Minutes from September3, 2003
ITEMNO.
b.
To: Mayor Mullet
From: Public Works Director,�rr
Date: September 15, 2003 ��J tt
Subject: Public Works Trust Fund Loans
ISSUE
INFORMATION MEMO
Information regarding Public Works Trust Fund Loans received by the City for Allentown
Phase II/Foster Point Sewer and Water Project and the Cascade View Drainage Project.
BACKGROUND
The City received notification that the loan applications submitted for the Allentown
Phase II /Foster Point and Cascade View Projects will be recommended to the 2004
Legislature for approval. Funding becomes available when the Governor signs the bill
approved by the Legislature, which is anticipated to occur in April 2004.
ANALYSIS
Following is the financing for the respective projects:
Allentown Phase II /Foster Point Sewer Project
PWTF Loan Construction $5,700,000
City Sewer Water Fund 300.000
Total Project Cost $6.000.000
Cascade View Drainage Proiect
CDBG Grant Design 305,000
PWTF Loan Design 100,000
PWTF Loan Construction 4,200,000
City Surface Water Fund 464.000
Total Project Cost $5.069.000
RECOMMENDATION
Information only.
p:/brian/pwtf 2004 info memo
August 20, 2003
MR. JAMES MORROW
CITY OF TUKWILA
6300 SOUTHCENTER BLVD STE 100
TUKWILA, WA 98188
Dear MR. MORROW:
Sincerely,
John LaRocque
Executive Director
JL:cag
Enclosure
Washington State
Public Works Board
Post Office Box 48319
Olympia, Washington 98504 -8319
Regarding: 2004 Public Works Trust Fund Construction Loan Application for
NEIGHBORHOOD REVITALIZATION
Administrative services provided by the Department of Community, Trade and Economic Development
(360) 725 -5000 Fax (360) 664 -3029 Web site: www.pwb.wa.gov
I am pleased to inform you that your application for a 2004 PWTF Construction loan for the
project cited above is included among the projects the Public Works Board (Board) will
recommend to the 2004 Legislature for financing.
The loan list will be submitted to the Legislature on or before November 1, 2003. Approval of
the list usually occurs late in the legislative session and must be signed by the Governor before
the Board can execute contracts. ISAAC HUANG, your Client Service Representative, will
contact you with more information as the list works its way through the process.
If you have any questions, please contact your Client Service Representative at (360) 725 -5009
or by e-mail at: Isaac.Huang@pwb.wa.gov. Additional information can be found at our website:
www.owb.wa.eov. We look forward to working with you on this project.
Also, please find enclosed an information and registration packet regarding the Infrastructure
Assistance Coordinating Council (IACC) 2003 Conference to be held on October 28 -30, 2003, in
Wenatchee, Washington. The Conference will include technical assistance, planning and
financial experts, software information, federal and state program overviews, and training
sessions. We hope you can join us.
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August 20, 2003
MR. JAMES MORROW
CITY OF TUKWILA
6300 SOUTHCENTER VOULEVARD, SUITE 100
TUKWILA, WA 98188 -2544
Regarding: 2004 Public Works Trust Fund Construction Loan Application for CASCADE VIEW
DRAINAGE IMPROVEMENTS
Dear MR. MORROW:
1 am pleased to inform you that your application for a 2004 PWTF Construction loan for the
project cited above is included among the projects the Public Works Board (Board) will
recommend to the 2004 Legislature for financing.
The loan list will be submitted to the Legislature on or before November 1, 2003. Approval of
the list usually occurs late in the legislative session and must be signed by the Governor before
the Board can execute contracts. ISAAC HUANG, your Client Service Representative, will
contact you with more information as the list works its way through the process.
If you have any questions, please contact your Client Service Representative at (360) 725 -5009
or by e-mail at: Isaac.Huang @pwb.wa.gov. Additional information can be found at our website:
www.owb.wa.cov. We look forward to working with you on this project.
Also, please find enclosed an information and registration packet regarding the Infrastructure
Assistance Coordinating Council (IACC) 2003 Conference to be held on October 28 -30, 2003, in
Wenatchee, Washington. The Conference will include technical assistance, planning and
financial experts, software information, federal and state program overviews, and training
sessions. We hope you can join us.
Sincerely,
John LaRocque
Executive Director
JL:cag
Enclosure
Washington State
Public Works Board
Post Office Box 48319
Olympia, Washington 98504 -8319
Administrative services provided by the Department of Community, Trade and Economic Development
(360) 725-5000 Fax (360) 664-3029
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Web site: www.pwb.wa.gov
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Utilities Committee
September 3, 2003
Present: Joan Hernandez, Dave Fenton, Richard Simpson
Jim Morrow, Brian Shelton, Gail Labanara, Mick Cusick, Lucy Lauterbach
1. Lift Station 12 Generator The lift station on the southeast corner of the Mall is in need of
upgrades. Mike got a $32,000 bid for two generators from the State bid list. Thinking he could
improve that, he put out a bid himself and got two bids. The lower bid was from NC Power
Systems for $29,800 plus tax. Joan asked if the supplier and equipment were both reputable and
acceptable, and was told they were. After this purchase is made, Mike will ask for bids for new
pumps, plus electric wiring and equipment. Once all the equipment is ready, the project will be
put out to bid for installation. This project is in both the CIP and budget for this year.
Information.
2. Public Works Trust Fund (PWTFI Loans Staff had gotten permission from Council to
apply for two PWTF Loans. They have received tentative approval of both their loan requests.
The first loan of $5.7 million plus $300,000 of sewer funds will be enough to put sewers, water
and sidewalks into the rest of Allentown and Foster Point. Another loan of $4.2 million and
$464,000 of surface water funding will be used to improve the surface water problems in
Cascade View. Both of these will become 2004 projects when the formal award of the loans is
made. The committee wanted to be sure the City had enough funds in the enterprise funds to
support these two projects. Refer funding and loan renavment schedules to Council for
information.
Committee approval