Title
Approval of a Resolution Authorizing an Amendment of the Fir Street Reservoirs Seismic Upgrades Loan Agreement with the Washington State Department of Health
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve a Resolution authorizing the City Manager to sign an amendment to the Drinking Water State Revolving Fund (DWSRF) loan agreement for the Fir Street Reservoirs Seismic Upgrades.
Report
Issue:
Whether to approve the amendment to the Drinking Water State Revolving Fund Loan for the Fir Street Reservoirs Seismic Upgrades.
Staff Contact:
Aurora Isabel, Project Engineer II, Public Works Water Resources, 360.570.3741
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
The Drinking Water State Revolving Fund (DWSRF) makes funds available to drinking water systems to pay for infrastructure improvements. The DWSRF program provides federal and state funds through low-interest construction loans to publicly owned (municipal) and privately owned drinking water systems. These loans help pay for capital improvements that protect public health and improve compliance with drinking water regulations.
In 2018, the Washington State Department of Health (DOH) awarded the City a $1,515,000 DWSRF construction loan for a capital facilities project that will provide seismic retrofits to the Fir Street Reservoirs. The Fir Street Reservoirs provide water to the City's 226 Pressure Zone that serves the downtown area. These are the only reservoirs in this pressure zone.
The project brings the reservoirs in compliance with standard seismic codes and protects the City's drinking water supply by mitigating the risk of the collapse of a reservoir in an earthquake event. The project is near completion.
At the time the original loan was executed, up to $3,000,000 in total funding was available to each municipality. The City applied for $3,000,000 for two projects, $1,500,000 each, for Fi...
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