File #: O-337-18    Version: 1 Name:
Type: Ordinance Status: Approved
File created: 8/17/2018 In control: Public Utilities Department
On agenda: 8/28/2018 Final action: 8/28/2018
Title: Authorizing the mayor to enter into agreements, accept and deposit loan proceeds in an amount not to exceed $2,560,810 from the Ohio EPA Water Pollution Control Loan Fund (WPCLF) into the Sanitary Sewer Replacement Loan Fund for the International Park Storage Basin Project; authorizing the appropriation and expenditure of $2,560,810 from the Sanitary Sewer Replacement Fund; authorizing the appropriation and expenditure of $20,000 from the Sanitary Sewer Replacement Fund for the payment of loan administration fees and miscellaneous project costs; authorizing various adjustments and transfers of expense to comply with the loan agreement; authorizing a dedicated source for repayment of said loan; authorizing the mayor to accept bids and enter into contracts; and declaring an emergency.

Label
DPU082818InternationalParkStorageBasin
Toledo Waterways Initiative
Julie Cousino (x3671)
(Revised)

Title
Authorizing the mayor to enter into agreements, accept and deposit loan proceeds in an amount not to exceed $2,560,810 from the Ohio EPA Water Pollution Control Loan Fund (WPCLF) into the Sanitary Sewer Replacement Loan Fund for the International Park Storage Basin Project; authorizing the appropriation and expenditure of $2,560,810 from the Sanitary Sewer Replacement Fund; authorizing the appropriation and expenditure of $20,000 from the Sanitary Sewer Replacement Fund for the payment of loan administration fees and miscellaneous project costs; authorizing various adjustments and transfers of expense to comply with the loan agreement; authorizing a dedicated source for repayment of said loan; authorizing the mayor to accept bids and enter into contracts; and declaring an emergency.

Body
SUMMARY & BACKGROUND:
This ordinance authorizes the mayor to apply for, enter into agreements, accept and deposit up to a $2,560,810 supplemental loan from the Ohio EPA WPCLF for the International Park Storage Basin Project. It further dedicates a source of funds for repayment of the loan, and appropriates $20,000 to pay loan application fees and miscellaneous non-loan funded project costs. It authorizes the mayor to accept bids and enter into contracts for the project. The International Park Storage Basin project, as part of the Toledo Waterways Initiative, includes construction of a basin, a dewatering pump station, outfall, diversion structures and conveyance piping in order to meet the requirements of the city's Consent Decree. Differing site conditions during tunneling operations have resulted in significant construction extras. Also, OEPA has approved the inclusion of the pavement reconstruction for the north half of Richard W. Boers Drive into the project's roadway restoration. In addition, the MLK bridge closure to install the 84" diameter pipe across Main...

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