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HomeMy WebLinkAboutResolution 2019-113 Authorizing the loan application of the clean water fund from the water infrastructure finance authority of Arizona (WIFA) MARANA RESOLUTION NO. 2019-113 RELATING TO UTILITIES; AUTHORIZING TOWN STAFF TO APPLY FOR A CLEAN WATER STATE REVOLVING FUND LOAN FROM THE WATER INFRASTRUCTURE FINANCE AUTHORITY OF ARIZONA (WIFA) TO FUND ADDITIONAL CONSTRUCTION COSTS FOR THE ADONIS LIFT STATION AND FORCE MAIN PROJECT (WR015); AND APPROVING THE TRANSFER OF UP TO $475,000 IN BUDGETED EXPENDITURE AUTHORITY FROM THE GENERAL FUND CONTINGENCY LINE ITEM IN THE FISCAL YEAR 2019-2020 BUDGET TO THE ADONIS LIFT STATION AND FORCE MAIN PROJECT (WR015) TO COVER A BUDGETARY SHORTFALL FOR ADDITIONAL COSTS FOR THE CONSTRUCTION OF THE PROJECT WHEREAS on May 15, 2018, the Town Council adopted Resolution No.2018-047, authorizing acquisition of the Adonis Mobile Home Park wastewater conveyance sys- tem and authorizing the Town to apply for a Clean Water State Revolving Fund loan from the Water Infrastructure Finance Authority of Arizona (WIFA) to cover Town costs to, among other things, design and construct a new lift station to connect the Ado- nis Mobile Home Park to the Town's wastewater utility system (the "Adonis Lift Station and Force Main project(WR015)"); and WHEREAS on August 7, 2018, the Town Council adopted Resolution No. 2018-075 approving a WIFA loan agreement in the amount of$1,481,990 for the Adonis Lift Station and Force Main project(WR015); and WHEREAS after a competitive bid process, the Town received proposals from qualified firms to construct the Adonis Lift Station and Force Main, with the low bid o coming in at approximately 30% higher than the original third-party Engineer's Opin- ion of Probable Construction Cost, equating to a budget shortfall of$363,366.10; and WHEREAS pursuant to Arizona Revised Statutes section (A.R.S. §) 9-571, the Town may obligate the revenues generated by its wastewater system and other reve- nues otherwise authorized by law to be used to repay long-term obligations to repay a loan from WIFA; and WHEREAS the Town of Marana, located in Pima and Pinal Counties, certifies that the population of the community is under 50,000 in population as of the most re- cent U.S. Census data; and WHEREAS according to the most recently available population statistics from the State of Arizona Office of Economic Opportunity, the Town of Marana's population Marana Resolition No.2019-113 - 1 - at the time of this request for WIFA financial assistance is approximately 45,378,which meets the requirement under A.R.S. § 9-571; and WHEREAS the Mayor and Council of the Town of Marana find that it is in the Town's best interest to pursue and apply for financial assistance from WIFA in an amount not to exceed $475,000 to fund additional construction costs for the Adonis Lift Station and Force Main project(WR015); and WHEREAS on June 18, 2019, the Town Council adopted the fiscal year 2019-2020 budgetary document and overall financial plan which set the legal level of budgetary control at the department level for the General Fund and at the fund level for all other funds; and WHEREAS the Town Council desires to transfer budgeted expenditure authority in the fiscal year 2019-2020 budget of up to $475,000 from the General Fund contingency line item to the Adonis Lift Station and Force Main project (WR015) to fund the budget- ary shortfall for construction of the project while staff applies for a WIFA loan for this amount; and WHEREAS transferring budgeted expenditure authority from the contingency fund of up to $475,000 within fiscal year 2019-2020 will not significantly impact the General Fund; and WHEREAS reallocations of budgeted expenditure authority between the contin- gency line item in the General Fund to other line items are necessary from time to time; and WHEREAS the Council finds that the reallocations addressed by this resolution are in the best interest of the Town of Marana and its citizens;and WHEREAS the Council finds that it is in the Town's best interest to pursue and apply for financial assistance from WIFA in an amount not to exceed $475,000 for addi- tional construction costs for the Adonis Lift Station and Force Main project(WR015). NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, AS FOLLOWS: SECTION 1. The Town Managerhereby is authorized to sign for and on behalf of the Town of Marana all applications, agreements, and other documentation necessary or beneficial for Clean Water State Revolving Fund financial assistance from WIFA in an amount not to exceed$475,000, payable from revenues of the wastewater system and other revenues otherwise authorized by law to be used to repay long-term obligations, to cover additional construction costs for the Adonis Lift Station and Force Main project (WR015). SECT ION 2. The transfer of up to $475,000 in budgeted expenditure authority from the General Fund's budgeted contingency line item in the fiscal year 2019-2020 budget to the Adonis Lift Station and Force Main project(WR015) to cover a budgetary shortfall for additional costs for the project construction is hereby approved. Marana Resolution No.2019-113 - 2 - SECTION 3. All actions of the officers and agents of the Town of Marana which conform to the purposes and intent of this resolution and which further the completion of the actions as contemplated by this resolution, whether heretofore or hereafter taken, are hereby ratified, confirmed and approved. The proper officers and agents of the Town are hereby authorized and directed to do all such acts and things and to execute and deliver all such WIFA application documents on behalf of the Town as may be nec- essary to carry out the terms and intent of this resolution. PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this 5th day of November, 2019. Mayor Ed H fea AT 0,., APPROV D AS TO FORM: .10 6.1L'Ae '• OFAT'' ' ,--r-4--er Cherry L. .wson, Town Clerk Cads'dy, Town Att. ey .4121Ok MIENIMMINIMINNIONMINK MARANA AZ ESTABLISHED 1977 Marana ResohtionNo.2019-113 - 3 -