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HomeMy WebLinkAboutAgenda Report - February 1, 1989 (52)C 0, N C I L C 0 M M U N I C A 1_ 0 N T0: THE CITY COUNCIL, FROM: THE CITY MANKERS OFFICE COUNCIL NEEIING DATE: FEBRUARY 1, 1989 SUBJECT: ADOPTION OF ORDINANCE NO, 1444 - AN CRDP0NCE OF THE LODI CITY COUNCIL APPROVING AMENDED WATER CAPITAL PA%VEVENT PROGRAM FOR 1988/89 Ordinance No. 1444 - "An Ordinance Of The Lodi City Council Approving Amended Water Capital Improvement Program For 1988/89" was introduced at the regular meeting of the Lodi City Council held January 18, 1989. Pursuant to State Statute, ordinances may be adopted five days after their introduction following reading by title.. This Ordinance has been approved as to form by the City Attorney. RECOMMENDED ACTION: Following reading by title, it would be appropriate for the Lodi City Council to adopt Ordinance No. 1444. Alice M. Reimche City Clerk AMR: j j COUNCOM32 TXTA.02D ORDINANCE NO. 1444 AN ORDINANCE OF THE LODI CITY COUNCIL APPROVING AMENDED WATER CAPITAL IMPROVEMENT PROGRAM FOR 1988/89 WHEREAS, the previous Water Capital improvement Program (Long -Term Financing) approved by the City Council by Ordinance No. 1439 on November 2, 1988 was based on the City obtaining funding from sales of Certificates of Participation with total expenditures being made over a five-year period; and WHEREAS, the City Council at its January 4, 1989 regular meeting adopted Resolution 89-02 establishing wx rates for water service, which will now allow the City to use in-house financing rather than Certificates of Participation for the Water Capital Improvement Program funding; NOW, THEREFORE, BE IT ORDAINED BY THE LODI CITY COUNCIL AS FOLLOWS: SECTION 1. The `Water Capital Improvement F-ogram for 1988/89 as adopted by Ordinance No. 1439 oi-, November 2, 1988 is hereby amended by repealing the portion shown as "Water 1988-89 Capital Improvement Program (Long Term Financing)" and adding the projects shown on Exhibit A attached hereto and incorporated herein by reference. SECTION 2. All ordinances and parts of ordinances in conflict herewith arc repealed insofar as such conflict may exist. SECT?ON 3. This ordinance shall be published one time in the "Lodi News Sentinel", a daily newspaper of general circulation printed and published in the City of Lodi and shall be in force and take effect thirty days from and after its passage and approval. Approved thi s day of JAMES W. PINKERTON, JR. Mayor -I- Attest: ALICE M. REIMCHE City Clerk State of California County of San Joaquin, ss, I, Alice M. Reimche, City Clerk of the City of Lodi, do hereby certify that Ordinance No. 1444 was introduced at a regular meeting of the City Council of the City of Lodi held and was thereafter passed, adopted and ordered to print at a regular meeting of said Council held by the following vote: Ayes : Council Members - Noes : Council Mernbers - Absent : Council Members - F Abstain: Council Mernbers - I further certify that Ordinance No. 1444 was approved and signed by the Mayor on the date of its passage and the same has been published pursuant to law. ALICE M. REIMCHE City Clerk Approved as to Form BOBBY W. McrATT City Attorney ORD1444 TXTA.O2D -2- IkNTER - 2 YE/ %PTTPL 1MPROVEMENT PRU,RPM (S'JPPLE)~'ERTAL PROJECTS - WATER RA CREASE) COST PROJECT YEAR W0 i5M) July 1988 1988-89 1939-90 Cost Escalation Factor: 1.00 1.04 REMARKS AND FINDING _ DISTRIBUTION SYSTEM IMPROVEMENTS Upgrade Systan Mains 3,000,000 132 " Elimination of Dead -Ends 75,000 15 16 Water Meter Installation (Cmnercial & 190,000 40 135 Estimate assures work done by P.T. City force, Industrial) Lead Sorvice Rmnval & Replacamnt 40,000 5 5 Estimate assumes muk done by P.T. City force• Service. Tnick & Etnliprrnt 60,0(X1 60 Madiim duty service truck with tools for 2 -person crew. WATER WELL :VMVFMNTS ° Hell Construction 1. Well 22 (Cherokee) (New) 140,000 140 In addition to $90,000 already in budget. This i s teiporary replacanent for Well 12. 2. WhIl 23 (Maggio Area) (New) a. Construction 168,000 168 In addition to $94,000 already in budget. 3. Well 4 Upgrading 58,000 58 4. Well 3 RepiaceTent 224,000 Ass and site on City property. 5. Well 11 ReplacriTent (Turner- Rd. Site) 284,E 25 269 6. Well 24 (Nevi) 284,000 25 269 1. Well 25 (New) 284,E 25 269 8. Well 26 (New) 284,000 (01/10/1319) - Page 1 WAITR - 2 YE TITAL IMPROVfX-NT PROGRAM (SLI'PLENENTAL PROJECTS - WATER RA CREASE) -- - — - -- --- `-' CASE -PROJECT _ YEITCUA i 5 0.00) July 1988 19EC-89 1989-90 REJARKS AND FUNDING Cost Escalation Factor: 1.00 1.04 Standby Generaturs - Engineering 15,000 15 1. Well 10 38,000 40 2. Well 7 Replacenent 38,000 40 3. Hell 22 (N&i) 38,000 40 4. Well 4 Replacenent 50,000 52 5. 4k11 5 Replacement 38,000 40. 6. Well 8 Replacewmt 38,(YJO 40 7. Well 16 Replacement 38,000 40 8. 1J -l1 25 (New) 38,000 40 Well 11 Abandom-ent 9,000 9 FIRE PROTECTION INPPAVEMENTS 0 Upgrade Fire Protection MISCELLANEOUS I1PROVEMITS 0 m 21 Underground Fuel Tank Replacemnts @ MSC 26,000 26 Water Tank Removal 50,000 52 Administration Building Expansion @ NISC 382,000 Covered Storage Addition @ MSC 44,000 ** _— 5,938,000 611 1.500 *Total project cost is $764,000 *Total project cost is $88,000 Other 50% from Seekr Revenue. Update 1984 estimate, other 50% frau Sewer Reveinie. (01/10/89) - Page 2 ALICE REI€OICHE M E M O R A N VD U"M ITY CL r- TO: Electric Utility D�4C�11 YFROM: City Manager DATE: April 11, 1989 SUBJ : Loan From Electric Utility Rate Stabilization Fund At its regular meeting of February 1, 1989. the City Council adopted the Water Utility Capital Improvement Program for 1989-90. Included in this action was the approval of a funding plan, part of which involved a loan in the amount of $1,000,000 from the Electric Utility Department's Rate Stabilization Fund to the Water Utility Capital Outlay Fund. Following the City Council's action funds in that amount were so transferred on a loan basis. Per our discussion in regard to this matter in advance of the "Shirtsleeve" meeting of December 27, 1988 at which w outlined the financing plan for the City Council, the following information i s presented herein for your information and record keeping purposes : It is the intent that the Electric Utility Rate Stabilization Fund be reimbursed as follows: 1. W paying or otherwise transferring funds from the Water Utility Fund to the Electric Utility Rate Stabilization Fund on the first day of July 1990, 1991, 1992, 1993 and 1994, each payment in amount representing one-fifth (1/5) of the principal amount transferred, plus associated interest accrued. 2. The interest rate to be utilized for the pay back of such transferred funds shall be the same as the rate received by the City on its general deposits as determined on the date of the annual repayment. It is certainly to the City's advantage to enjoy the flexibility VC have in addressing critical City needs. I am particularly pleased with the spirit of cooperation exhibited by all our departments and the willingness to work together toward our cartnai goal of providing efficient and professional public sero ce. TAP :br cc: City Council Assistant City Manager Finance Director Public Works Director COUNC542