Label
TDOT062122OPWCGRANTANDLOAN
Engineering Services
C. Soncrant (x2851)
Revised
Title
Authorizing the mayor to enter into agreements with and accept and deposit financial assistance from the State of Ohio, Ohio Public Works Commission (OPWC) in an amount not to exceed $1,517,780 for sewer lining; authorizing the appropriation and expenditure of said grant and loan proceeds on the subject project; authorizing a dedicated source for repayment of said loans; authorizing the mayor to enter into contracts related to construction, professional services, contingencies, capitalized interest, testing, and permit fees for sewer lining; and declaring an emergency.
Body
SUMMARY & BACKGROUND:
This ordinance authorizes the mayor to accept, deposit, appropriate and expend an amount not to exceed $1,517,780 in grant and loan funds from the Ohio Public Works Commission (OPWC). It further authorizes the mayor to enter into agreements for the referenced grant and loan and to conduct the appropriate budget adjustments and transfers of expense associated with said grants and loans. It further dedicates a source of funds for repayment of the loans.
Resolutions #324-20 and #499-21 authorized applying for this assistance and entering into an agreement with OPWC for this purpose.
This project requires match money which is either in place or will be in place through other City or outside funding sources.
Passage of this ordinance is required to enable the City of Toledo to accept OPWC funding and to proceed with the construction of these projects.
Summary
NOW, THEREFORE, Be it ordained by the Council of the City of Toledo:
SECTION 1. That the mayor is authorized to enter into grant agreements with the Ohio Public Works Commission and to accept and deposit grant proceeds in an amount not to exceed $758,890 for the sewer lining project into the Sewer Replacement Fund Account Code 673G-35000-4UG0722STDSTD.
SECTION 2. That an amount not to exceed $758,890 is appropriated from the unappropriated grant proceeds in the Sewer Replacement Fund into Account Code 673G-35000-4UG0722STDSTD, and the expenditure of same is authorized for the sewer lining project.
SECTION 3. That the mayor is authorized to enter into loan agreements with the Ohio Public Works Commission and to accept and deposit loan proceeds in an amount not to exceed $758,890 for the sewer lining project into the Sewer Replacement Fund Account Code 673L-35000-4UL0722STDSTD.
SECTION 4. That an amount not to exceed $758,890 is appropriated from the unappropriated loan proceeds in the Sewer Replacement Fund into Account Code 673L-35000-4UL0722STDSTD, and the expenditure of same is authorized for the sewer lining project.
SECTION 5. That the dedicated source of repayment for said loans shall be the unappropriated balance of the Sewer Replacement Fund, provided, however, that any loans for these projects shall be subordinate to all of the city’s revenue bonds within the same fund.
SECTION 6. That the mayor is authorized to prepare plans and specifications, accept bids and enter into contracts necessary to complete said projects including such items as labor, materials, construction testing, professional services, property appraisals, title work, negotiations, acquisition, and environmental contamination studies that are necessary to acquire additional rights-of-way. Said contracts shall contain such terms and conditions as the Director of Transportation may deem requisite and proper and shall be subject to approval by the Director of Law.
SECTION 7. That the Finance Director is authorized to draw their warrant or warrants against the account codes identified above in amounts authorized in Sections 2 and 4 in payment of the obligations incurred pursuant to the contracts authorized in Section 6 above upon presentation of the proper voucher or vouchers.
SECTION 8. That this Ordinance is declared to be an emergency measure and shall be in force and effect from and after its passage. The reason for the emergency lies in the fact that this Ordinance is necessary for the immediate preservation of the public peace, health, safety and property, and for the further reason that this Ordinance must be immediately effective in order to facilitate the planning and construction of these projects.
Vote on emergency clause: yeas _____, nays _____.
Passed: _________________, as an emergency measure: yeas _____, nays _____.
Attest: ________________________ ____________________________
Clerk of Council President of Council
Approved: _____________________ ____________________________
Mayor
I hereby certify that the above is a true and correct copy of an Ordinance passed by Council ________________________.
Attest: ________________________
Clerk of Council