The URL can be used to link to this page

Home My WebLink AboutR-2006-213-Water tank amend 1 RESOLUTION NO. 2006-213 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, RELATING TO THE STATE REVOLVING FUND LOAN PROGRAM; MAKING FINDINGS; AUTHORIZING SUBMISSION OF LOAN APPLICATION AMENDMENT NO. 1 FOR$1,176,345 FOR CONSTRUCTION ACTIVITIES ASSOCIATED WITH A NEW WATER TANK FOR THE CITY AT THE WATER PLANT SITE AND RELATED ANCILLARY CONSTRUCTION; AUTHORIZING THE PROPER CITY OFFICIALS TO EXECUTE THE LOAN AGREEMENT; ESTABLISHING PLEDGED REVENUES; DESIGNATING AUTHORIZED REPRESENTATIVES; PROVIDING ASSURANCES; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Florida Statutes provide for loans to local government agencies to finance the construction of water facilities; and WHEREAS, Florida Administrative Code rules require authorization to apply for loans, to establish pledged revenues, to designate an authorized representative, to provide assurances of compliance with loan program requirements, and to enter into a loan agreement; and p p g q WHEREAS, the State Revolving Fund loan priority list designates DEP Project No. DW0604010 for financing of construction activities associated with a new water tank; and WHEREAS, the City Commission previously approved a Resolution for the loan application to the State Revolving Fund program for the work in the amount of$2,362,490.00, which covered the first phase of the work; and WHEREAS, the City of Dania Beach, Florida, intends to enter into a loan agreement with the Florida Department of Environmental Protection under the State Revolving Fund for project financing; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AS FOLLOWS: Section 1. That the foregoing findings are incorporated by reference and made a part of this Resolution. Section 2. That the City of Dania Beach, Florida is authorized to apply for a loan to finance DEP Project No. DW0604010. Section 3. That the revenues pledged for the repayment of the loan are net water and sewer system revenues as noted in the loan application. Section 4. That the City Manager is designated as the authorized representative to provide the assurances and commitments required by the loan application. Section 5. That the City Manager is designated as the authorized representative to execute the loan agreement which will become a binding obligation in accordance with its terms when signed by both parties. The City Manager is authorized.to delegate responsibility to appropriate City staff to carry out technical, financial, and administrative activities associated with the loan agreement. Section 6. That the legal authority for borrowing monies to construct this Project is the Florida Statutes. Section 7. Than all resolutions or part of resolutions in conflict with this Resolution are repealed. Section 8. That if any Section or portion of a Section of this Resolution proves to be invalid, unlawful, or unconstitutional, it shall not be held to invalidate or impair the validity, force or effect of any other Section or part of this Resolution. 2 RESOLUTION#2006-213 Section 9. That this Resolution shall become effective immediately upon its passage and adoption. PASSED AND ADOPTED on December 12, 2006. PATRICIA FLURY MAYOR-COMMISSIONER ATTEST: LOUISE STILSON, CMC CITY CLERK APPROVED AS TO FO AND CORRECTNESS: IJ }}1111 i i THOM AS J. ANS$RO CITY ATTORNEY RNEY 3 RESOLUTION#2006-213 ----- "` ,. CITY OF ®AMA BEACH Agenda Item # Agenda Request Database 4 Date of Commission Meeting: 12/12/2006 Adopt Resolution ® Adopt Ordinance (1st Reading) ❑ Adopt Ordinance (2nd Reading) ❑ Award Bid/RFP ❑ Presentation ❑ Continued from: Requested fiction (Idenfiry appropriate Action or Motion),' T Approval of Loan Agreement No. 1 for State Revolving Funds for Water Tank and High Service Pumps Project, at the existing Water Plant. x 3 1Nhy,Action s Necessary a � ° r a t A. r = State Revolving Fund loans were identified in 2002 as the funding source for this project. On February 24, 2006, the City received bids for the Water Tank and High Service Pumps Project. The low bid of$3,470,025 exceeded the loan amount of$2,362,490 by$1,107,535. Also, consultant services during construction previously approved were $196,913. Ation A1�hovt ides additional funds to meet bid amount and approximately 85 %of the Consultant amount. Purchasm 'Re uests ONLY Dept: Acct#: Amt: Fund: General: ❑ Water: ❑ Sewer: ❑ Stormwater: ❑ Grants: ❑ Capital: ❑ 3 3 N Summary=Expianation!Background See Memo j: , Part of SRF funding for infrastructure approval Exhibits Attached ' r Resolution Memo Exhibit 1 Exhibit 2 Exhibit 3 Exhibit 4 Exhibit 5 Exhibit 6 Exhibit 7 Exhibit 8 _ 3 authorized Signatures k Submitted by Leo Williams Date 12/04/06 Department Director Dominic Orlando Date 12/04/06 HR Director Date Finance Director Patricia Varney Date 12/05/06 City Attorney Thomas J. 6jj§ Date 12/05/06 City Manager Date /�i d6 City Commission Action: Approved: ❑ Denied: ❑ Continued to: ❑ City of Dania Beach .: Department of Public Services 100 West Dania Beach Blvd•Dania Beach,FL 33004 (954)924-3741 (954)-923-1109(fax) TO: Mayor Patricia Flury Vice Mayor Robert Anton Commissioner John Bertino Commissioner Anne Castro Commissioner Paul Flescher FROM: Ivan Pato, City Manager VIA: Patricia Varney,Finance Director VIA: Dominic F. Orlando, P.E. Director of Public Services Date: November 23, 2006 RE: Approval of Loan Agreement Amendment No. 1 for State Revolving Funds for Water Tank and High Service Pumps Project •Introduction and BackgKound On October 22nd, 2002, the City Commission adopted Resolution 2002-120 approving the Water, Wastewater and Stormwater Facilities Plan. The Plan defines future capital infrastructure needs for the water, sewer and stormwater system in the City and recommends improvements to each system based on current deficiencies, anticipated growth demands and compliance with federal and state environmental mandates. The first project to be constructed under the City's Capital Improvement Program was the 2.0 MG Ground Storage Tank. This project has been considered a high priority since the issuance of a BCDOH letter that identified a "woefully inadequate storage capacity", primarily for the provision of fire flows on the system. State Revolving Fund loans were identified in 2002 as the funding source for this project. Florida Statutes provide for loans to local government agencies to finance the construction of water facilities. In order to secure the loans, the Florida Administrative Code rules require authorization to: o apply for loans, o establish pledged revenues, ® designate an authorized representative; • 0 provide assurances of compliance with loan program requirements; and Tank Loan Application Amend 1 11-23-2006 Page 1 "K City of Dania Beach Department of Public Services 100 West Dania Beach Blvd-Dania Beach,FL 33004 -(954)924-3741 (954)-923-1109(fax) ® enter into a loan agreement; and The State Revolving Fund loan priority list designates the City's ground storage tank as DEP Project No. DW0604010 for financing of construction activities. These loan funds are for construction activities associated with a new water tank for the city at the water plant site plus ancillary construction associated with same as approved in the FY-05 Capital Improvement Plan, which are also eligible for SRF funding. The City Commission previously approved a resolution or the loan application to the State Revolving Fund program for the work in the amount of $2,362,490.00, which covered the first phase of the work. Recommendation It is recommended that the City Commission approve a resolution or the loan application amendment to the State Revolving Fund program for the work in the amount of $1,176,345, and authorize the City Manager to execute the loan documents. 0 • Tank Loan Application Amend 1 11-23-2006 Page 2