HomeMy WebLinkAbout2005-06RESOLUTION NO. 2005-06
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH
DECLARING THE OFFICIAL INTENT TO REIMBURSE EXPENDITURES
FROM THE PROCEEDS OF TAX EXEMPT SECURITIES - WASTEWATER FACILITIES
WHEREAS, the City Council of the City of Ukiah desires to finance the construction and
acquisition of the facilities described in detail below (collectively "the Project"); and
and
WHEREAS, the City will be expending funds for the construction and acquisition of the Project;
WHEREAS, the City reasonably expects to reimburse such expenditures by authorizing the sale
and delivery of one or more series of obligations, as described below:
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ukiah that:
1. This Resolution is a declaration of official intent to reimburse expenditures pursuant to Treasury
Regulations Section 1.150-2.
.
The City desires to finance the construction and acquisition of the Project, consisting of
improvements to the City's wastewater facilities, as generally described in Exhibit "A", which is
hereby incorporated by reference herein.
,
The City reasonably expects to reimburse the expenditures through the sale and delivery of one
or more series of, obligations (the "Obligations"), the interest component which is excludable
from gross income under Section 103 of the Internal Revenue Code. The maximum principal
amount of Obligations expected to be issued for the Project is $60,000,000.
.
The reimbursement allocation to be made with respect to the expenditures will occur not later
than eighteen (18) months after the later of a) the date on which the expenditure is made or b)
the date on which the Project is placed in service, but in no event more than three years after
the expenditure is paid.
.
This Resolution expresses the City's expectations as of this date with respect to the financing of
the construction and acquisition of the Project. Future events or extraordinary circumstances
beyond the control of the City may result in the Project being financed in a manner other than as
described in this Resolution, and nothing contained herein constitutes an irrevocable
commitment by the City to issue the Obligations.
AYES:
NOES: None
ABSENT: None
ABSTAIN: None
PASSED AND ADOPTED this 21st day of July 2004 by the following roll call vote:
Councilmembers Rodin, Andersen, Smith, Baldwin, and Mayor Larson
ATTEST:
Marie Ulvila, Deputy City Clerk
Resolution No. 2005-06
Page I of I
Resolution 2005-06 Attachment "A"
Wastewater Facilities Project
The goal of the Wastewater Treatment Plant (WWTP) Improvement Project is to design
and construct a wastewater treatment system that reliably meets effluent requirements for
the next 20 years, which is the planning horizon required to receive State Revolving Fund
monies. The improvements will allow the WWTP to produce Class A biosolids,
significantly increasing the options for beneficial use of the stabilized sludge generated at
the plant. The following is list is a summary of plant improvements needed:
1. Influent Diversion Struct~:re
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Influent Pumping Station
Bar Screen Structure
Raw Sewage Distribution Structure
Grit Removal
Equipment Gallery
Existing Secondary Clarifier Modifications
Primary Clarifiers
Screenings Washer Compactor & Grit Washing Building
Trickling Filter Distribution Box
New Trickling Filter Pumping Station
New Trickling Filter 3
Pre-aeration Tank Demolition
Snail Removal Structure
Existing Primary Clarifier Modifications
Solids Contact Tank
Blower Building
Secondary Clarifier Distribution Box
Secondary Clarifiers
Chlorine Contact Pipe
Wastewater Storage Basin
Operations Building
DAFT
Thermophilic Digester
Existing Digesters
Sludge Lagoons
Drying Bed Improvements
Reclaimed Water Pumping Station
AWT Pumping Station
AWT Backwash Water Basins
AWT Chlorine Contact Basins
AWT Piping Modifications