Loading...
HomeMy WebLinkAbout2010 06_OWRB_Santa Fe Pump Station_2010.09.21OWASSO PUBLIC WORKS AUTHORITY RESOLUTION No. 2010 -06 A RESOLUTION AGREEING TO FILE AN APPLICATION WITH THE OKLAHOMA WATER RESOURCES BOARD (THE "OWRB ") FOR FINANCIAL ASSISTANCE THROUGH OWRB STATE REVOLVING FUND PROGRAM, WITH THE LOAN PROCEEDS BEING FOR THE PURPOSE OF FINANCING WASTEWATER SYSTEM IMPROVEMENTS AND RELATED IMPROVEMENTS SERVING THE CITY OF OWASSO, OKLAHOMA; AND CONTAINING OTHER PROVISIONS RELATED THERETO. WHEREAS, The Owasso Public Works Authority (the "Authority ") has under consideration improvements to the wastewater system serving the City of Owasso, Oklahoma, to include improvements necessary to upgrade the wastewater collection, including engineering, design and construction of improvements to the Santa Fe Pump station and other related engineering design and construction (collectively, the "Project "); and WHEREAS, it is deemed desirable for the Authority to give preliminary authorization for the issuance of obligations for such purpose; and WHEREAS, the Oklahoma Water Resources Board has made monies available to qualified entities for the financing of certain qualifying projects; and WHEREAS, the Authority hereby agrees to file an application with the Oklahoma Water Resources Board for financial assistance in the aggregate amount, as based upon engineering studies currently in progress, will be sufficient to pay certain of the costs associated with the referenced Project. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE OWASSO PUBLIC WORKS AUTHORITY, THAT: Section 1. Application. The Authority shall file an Application(s) with the Oklahoma Water Resources Board seeking financial assistance through the OWRB State Revolving Fund Program; and the Chairman or Vice Chairman and Secretary or Assistant Secretary of the Authority are hereby authorized to execute said Application for and on behalf of the Authority. The Authority is further authorized to advance to the Oklahoma Water Resources Board the necessary application fees in connection with the referenced Application. Section 2. Professionals. The Authority hereby authorizes Wells Nelson & Associates, L.L.C., to prepare and submit the referenced Application on behalf of the Authority and to take such other action as is necessary to obtain financing for the referenced Project. Section 3. Other Matters. The Chairman or Vice Chairman and Secretary or Assistant Secretary of the Authority are hereby authorized and directed to do all other lawful things necessary to carry out the terms and conditions of this Resolution. PASSED, ADOPTED AND APPROVED THIS 21st DAY OF September, 2010. THE OWASSO PUBLIC WORKS AUTHORITY onebrake, Chairman (SEAL) ```�����ttttll�,�i C W _ Q SEAL o •-op= o ATTEST; Sherry Bishg(), Authority Sq"etary STATE OF OKLAHOMA ) )SS COUNTY OF TULSA ) I, the undersigned, Secretary of The Owasso Public Works Authority, Tulsa County, Oklahoma, do hereby certify that the above and foregoing is a true, full and correct copy of an excerpt from the minutes of a meeting of the Board of Trustees of said Authority, held on the date above stated, all as recorded in the official minutes of such meeting. I further certify that the "Open Meeting Law" was complied with for such meeting. GIVEN UNDER MY HAND THIS 21 st DAY OF September, 2010. (SEA4 %%% ... 111110 ALP" � & be b \,�% XNC..w��i Secretary —O� Q =', SEAL o :�_ %gyp'•• ' !y 1111111% 3 0TheM#i.r,,.,_utLi City W mits. TO: The Honorable Chairman and Trustees Owasso Public Works Authority FROM: Roger Stevens Public Works Director SUBJECT: OPWA Proposed Resolution Authorizing OWRB Loan Application DATE: September 17, 2010 BACKGROUND: In 2005, the City of Owasso commissioned an update of its 1997 Wastewater Master Plan, The updated plan provides a 20 -year guide for the prioritization and construction of upgrades to the City's conveyance and wastewater treatment infrastructure. Among the current needs identified, the plan recommends the investment of approximately $2.2 million for the upgrade of the Santa Fe Pump Station. On February 16, 2010, OPWA Trustees approved an engineering services agreement with Greeley and Hansen LLC for design of the Pump Station improvements. Funding for this project is expected to be provided by the Oklahoma Water Resources Board (OWRB). The OWRB provides low interest long -term financing for water and wastewater projects. For the past seventeen years, all of Owasso's water and wastewater projects have been financed by the OWRB. The proposed resolution authorizes the application to the OWRB for financial assistance through the OWRB State Revolving Fund for the purpose of financing wastewater system improvements. Additionally, the resolution authorizes payment of a loan application fee to the OWRB and authorizes Wells, Nelson & Associates (Keith McDonald) to act on behalf of the OPWA. If the application for funding is approved by the OWRB, authorization for the loan would require additional action by the OPWA Trustees and the City Council at a future meeting. RECOMMENDATION: Staff recommends Trustee approval of OPWA Resolution No. 2010 -06, agreeing to file application with the OWRB for financial assistance through the OWRB State Revolving Fund Program, for the purpose of financing wastewater system improvements at the Santa Fe Pump Station, and containing other provisions related thereto. ATTACHMENT: A. OPWA Resolution No. 2010 -06