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HomeMy WebLinkAbout08. 22-254JUNE 28, 2022 22-254 RESOLUTION (CARRIED___7-0____ LOST _______ LAID OVER _______ WITHDRAWN _______) PURPOSE: APPROVE SAFE DRINKING WATER LOAN PROGRAM FINANCIAL ASSISTANCE AGREEMENT WITH THE WISCONSIN DEPARTMENT OF NATURAL RESOURCES (WDNR) FOR PROJECT NO. 4874-14 INITIATED BY: DEPARTMENT OF PUBLIC WORKS WHEREAS, the City of Oshkosh has applied to the Safe Drinking Water Loan Program (the “SDWLP”) for financial assistance to assist with replacing private private- side lead water service laterals (identified as WDNR No. 4874-14, the “Project”), in the form of a loan made by the SDWLP to the Municipality of which all the principal will be forgiven at the time that loan disbursements are made to the Municipality, pursuant to the WDNR Financial Assistance Agreement; and WHEREAS, the SDWLP has determined that it can provide a loan with principal forgiveness in an amount up to $382,500 that it has identified as being eligible for SDWLP funding. NOW, THEREFORE, the City Manager and City Clerk are authorized by and on behalf of the Municipality to execute an appropriate Financial Assistance Agreement containing terms and conditions of the SDWLP award for the Project substantially similar to prior year’s agreements. The proper city officials are hereby authorized to execute and deliver an agreement in substantially the same form as those from prior years, any changes in the execution copy being deemed approved by their respective signatures, and said City officials are authorized and directed to take those steps necessary to implement the terms and conditions of the Agreement. I:\Engineering\Tracy Taylor\Memos to Mayor & Common Council\2022\LSLR SDWL FAA Agreement_6-23-22.docx Page 1 of 2 TO: Honorable Mayor and Members of the Common Council FROM: Steven M. Gohde, Assistant Director of Public Works/Utilities General Director DATE: June 23, 2022 RE: Approve Safe Drinking Water Loan Program Financial Assistance Agreement with the Wisconsin Department of Natural Resources (WDNR) for Project No. 4874-14 BACKGROUND The WDNR provides financial assistance for communities undertaking water system improvements through the Safe Drinking Water Loan Program (SDWLP). In 2017, the City received a Principal Forgiveness Loan (PFL) through the SDWLP in the amount of $500,000 to assist residents in replacing private-side lead water service laterals. In 2018, the City also received an additional PFL through the SDWLP in the amount of $300,000. In 2021, the City also received a third PFL through the SDWLP for $280,000. These first three grants have allowed the City to assist 438 property owners in replacing their private-side lead water service. The City has applied for and is in the process of receiving a fourth PFL to assist residents in replacing private-side lead water service laterals in the amount of $382,500. At the March 28, 2017 meeting, the Common Council (Council) adopted changes to Chapter 20 of the Municipal Code, which requires the complete replacement of a lead water service lateral if a repair or partial replacement occurs. A program for private-side lead water service lateral replacements was also created, which provides funding to property owners for replacing their private-side lead water service laterals in coordination with construction projects or in an emergency situation where a repair or partial replacement would have previously occurred. The funding provided through this program comes from the SDWLP. ANALYSIS Approval of this agreement will allow the City to recover costs associated with assisting the residents with the replacement of their private-side lead water service laterals. Without this program, the City could not assist residents in replacing their private-side lead water service laterals. I:\Engineering\Tracy Taylor\Memos to Mayor & Common Council\2022\LSLR SDWL FAA Agreement_6-23-22.docx Page 2 of 2 The final version of the Financial Assistance Agreement (FAA) has not been received yet. Staff have been told the agreement will be substantially the same as last year’s agreement. If there are any significant changes, this item will be brought back to Council for consideration. Delaying this approval will delay the closing of the loan with the WDNR and further delay reimbursement to property owners who have already replaced their lead service lateral. FISCAL IMPACT There is no fiscal impact to the City related to this agreement. This SDWLP agreement is for a Principal Forgiveness Loan, which means there is no repayment. This loan, like last year’s, requires that the City must complete the public-side relay prior to applying for reimbursement. RECOMMENDATIONS I recommend approval of the Safe Drinking Water Loan Program Financial Assistance Agreement with the WDNR for Project No. 4874-14. Approved, Mark A. Rohloff City Manager SMG/tlt