HomeMy Public PortalAboutAB 09-012 LOI Wastewater SRF for Lift Station 7 and 8McCALL CITY COUNCIL
AGENDA BILL
Number
Meeting Date
216 East Park Street
McCall, ID 83638
AB 09-12
January 8, 2009
AGENDA ITEM INFORMATION
SUBJECT:
Letter of Interest for Wastewater Revolving Loan fund
through the Idaho Department of Environmental
Quality for improvements to Lift Station 7 and 8
Approvals: Department/
Committee/Individual
Initials
Remarks
(Originator/
Support)
Mayor /Council
City Manager
Community Development
Treasurer
Clerk, Deputy City Clerk
Police Department
Public Works
Golf Operations
COST IMPACT: $2, 040, 000
Parks & Recreation
FUNDING SOURCE: Idaho Department of
Environmental Quality
Airport
Library
TIMELINE: FY 2010
City Attorney
Grant Coordinator
originator
SUMMARY STATEMENT:
The Idaho Department of Environmental Quality has a revolving loan program for wastewater system
improvements for communities. In order to be considered for a loan, a community is required to submit a
Letter of Interest application, which will be ranked and placed on a statewide priority list for funding. If
selected for funding, the City would be required to complete additional loan documents and forms prior to
being granted a loan. Currently, the loan rate is 3% for a period up to 20 years. Staff has consulted with
CH2M Hill, and recognizes that improvements are needed for both Lift Station 7 and Lift Station 8. Cost
estimates for the improvements were provided by CH2M Hill in 2008, and the Letter of Interest application
is being prepared for submission on January 16, 2008, pending Council approval.
RECOMMENDED ACTION:
Approve submission of a letter of interest for a State Revolving Fund loan for improvements to Lift
Station 7 and 8.
RECORD OF COUNCIL ACTION
Meeting Date
ACTION
January 8, 2009
Council Authorized submission of a Letter of Interest