09/26/2023 Resolutions 2023-241RESOLUTION 2023-241
WHEREAS, on July 25, 2023 Council was presented with the Lead Service Line
replacement and the Lead and Copper Revised Rules that are to take effect on October 16, 2024; and
WHEREAS, the State Revolving Fund (SRF) has been set up the Nebraska
Department of Environment and Energy to allow for various percentages of forgivable amounts and
various payback terms based on the area of replaced and the type of work; and
WHEREAS, the Water Department has developed a plan to complete work in the
opportunity zone areas first to utilize the 62% forgivable and 40-year payback loan; and
WHEREAS, there are a possible 1,290 service lines in the opportunity zones, it is
estimated that the first SRF loan would be $4,500,000.00 of which less than $1,710,000.00 would
need to be repaid; and
WHEREAS, verification is considered discovery work, which will be completed
using a hydro vacuum and a crew of two water maintenance workers, and will fall into the category
that is 100% reimbursable.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the loan amount of $4,500,000.00 from the
State Revolving Fund for the Lead Service Line replacement program be approved.
BE IT FURTHER RESOLVED, that the Mayor is hereby authorized and directed to
execute such contract on behalf of the City of Grand Island and to take all other actions necessary to
effect the purpose of this resolution.
Adopted by the City Council of the City of Grand Island, Nebraska, September 26, 2023.
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Roger . Steele, Mayor
Attest:
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Ji ranere, Deputy City Clerk