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Public Works <br /> DATE: 10/10/2022 <br /> MEMO: 2022-64 <br /> TO: Honorable Mayor Moore Wolfe and City Council Members <br /> FROM: Scot Wrighton, City Manager <br /> Matt Newell,P.E., Public Works Director <br /> Paul Caswell, P.E., City Engineer <br /> SUBJECT: <br /> Resolution Authorizing a Representative to Sign Loan Documents for the Oakland and Grand Area Sewer Separation <br /> Project, <br /> City Project 2021-01. <br /> SUMMARY RECOMMENDATION: <br /> It is recommended that the City Council approve the following resolutions authorizing the Mayor to sign,and the City Clerk to <br /> attest: <br /> 1. A resolution authorizing the City Manager to sign the Illinois Environmental Protection Agency Water Pollution Control <br /> Revolving Fund loan application forms and supporting documents for the Oakland and Grand Area Sewer Separation <br /> Project,City Project 2021-01. <br /> 2. A resolution authorizing the City Manager to sign the Illinois Environmental Protection Agency Public Water Supply Loan <br /> Program loan application forms and supporting documents for the South Water Treatment Plant Electrical Improvements,City <br /> Project 2022-18. <br /> BACKGROUND: <br /> Illinois Environmental Protection Agency(IEPA)State Revolving Loan Program <br /> The City intends to use IEPA state revolving loan funds for two upcoming projects: <br /> 1. Oakland and Grand Area Sewer Separation <br /> 2. South Water Treatment Plant Electrical Improvements <br /> The IEPA Wastewater and Drinking Water loan programs provide low-interest loans through the State Revolving Fund(SRF). <br /> The SRF includes two loan programs: the Water Pollution Control Loan Program(WPCLP)which funds both wastewater and <br /> stone water projects,and the Public Water Supply Loan Program(PWSLP)for drinking water projects. The current loan interest <br /> rate is 1.24%. <br /> The program has application forms and supporting documents that are required to be signed by an authorized representative of <br /> the City. The City has authorized the City Manager in previous IEPA loan projects completed by the City. This authorizing is <br /> not for the loan itself but for the preliminary paperwork submittals necessary to be approved for a loan. Future action by the <br /> City Council will be required to approve the actual loans, <br /> PRIOR COUNCIL ACTION: <br /> No prior Council actions, <br /> POTENTIAL OBJECTIONS: None. <br /> INPUT FROM OTHER SOURCES: AECOM,CMT,IEPA <br />