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Home My WebLink AboutRESO 9667161220 jb 6053827 1 Resolution No. 9667 Resolution of the Council of the City of Palo Alto Establishing Pledged Sources of Revenue For Repayment of Funding Pursuant to the Federal Clean Water Act Amendments and Repealing Resolution 9631 RECITALS A. T City design, and/or construction of certain public facilities and improvements relating to its wastewater system, including the planning/design of primary sedimentation tanks, fixed film reactors, and the laboratory/environmental service building, and the construction of a sludge treatment and loadout facility that were identified in the Regional Water Long Range Facility Plan. B. The City intends to finance the planning, design, and/or construction of the Projects or portions of the Projects . C. Section 603(d)(1)(C) of the Federal Clean Water Act Amendments require each financing recipient to establish one or more pledged sources of revenue for Clean Water State Revolving fund (CWSRF) financial assistance. D. Revenue will be considered pledged when the City passes a resolution committing a source of funds for repayment. E. On October 17, 2016 the City Council adopted Resolution No. 9631, pledging revenues of its Wastewater Treatment enterprise fund to repayment of Clean Water State Revolving Fund financial assistance incurred for the planning, design, and/or construction of the Projects, and, in response to additional direction from the Water Board, now wishes to repeal Resolution No. 9631 and adopt this Resolution, in order to pledge revenue from both its Wastewater Treatment and Wastewater Collection enterprise funds to repayment of Clean Water State Revolving Fund financial assistance for the Projects. NOW, THEREFORE, the Council of the City of Palo Alto RESOLVES as follows: SECTION 1. The City of Palo Alto hereby pledges Net Revenues of its Wastewater Treatment enterprise fund and Wastewater Collection enterprise fund to repayment of any and all Clean Water State Revolving Fund financing incurred for CWSRF Project No. 8104, including the planning/design of primary sedimentation tanks, fixed film reactors, and laboratory/ environmental service building and CWSRF Project No. 8091110, including the design and construction of a sludge dewatering and loadout facility Wastewater Treatment enterprise and Wastewater Collection enterprise are defined as follows: (SGY7MKR)RZIPSTI-(%&%&*%'((*%% 161220 jb 6053827 2 "Net Revenues" means, with respect to the Wastewater Treatment enterprise and Wastewater Collection enterprise, for any period of computation, the amount of the Gross Revenues received from the Wastewater Treatment enterprise and Wastewater Collection enterprise during such period, less the amount of Maintenance and Operation Costs of the Wastewater Treatment enterprise and Wastewater Collection enterprise becoming payable during such period. "Gross Revenues" means, for any period of computation, all gross charges received for, and all other gross income and revenues derived by the City from, the ownership or operation of the Wastewater Treatment enterprise and Wastewater Collection enterprise or otherwise arising from the Wastewater Treatment enterprise and Wastewater Collection enterprise during such period, including but not limited to (a) all Charges received by the City for use of the Wastewater Treatment enterprise and Wastewater Collection enterprise, (b) all receipts derived from the investment of funds, (c) transfers from (but exclusive of any transfers to) any stabilization reserve funds, and (d) all moneys received by the City from other public entities whose inhabitants are served pursuant to contracts with the City. "Maintenance and Operation Costs" means the reasonable and necessary costs spent or incurred by the City for maintaining and operating the Wastewater Treatment enterprise and Wastewater Collection enterprise, calculated in accordance with sound accounting principles, including the cost of supply of water, gas and electric energy under contracts or otherwise, the funding of reasonable reserves, and all reasonable and necessary expenses of management and repair and other expenses to maintain and preserve the Wastewater Treatment enterprise and Wastewater Collection enterprise in good repair and working order, and including all reasonable and necessary administrative costs of the City attributable to the Wastewater Treatment enterprise and Wastewater Collection enterprise and, any financing instruments incurred to finance improvements to the Wastewater Treatment enterprise and Wastewater Collection enterprise, such as salaries and wages and the necessary contribution to retirement of employees, overhead, insurance, taxes (if any), expenses, compensation and indemnification of any bond trustee or other lender, and fees of auditors, accountants, attorneys or engineers, and including all other reasonable and necessary costs of the City or charges required to be paid by it to comply with the terms of any financing instrument related to the Wastewater Treatment enterprise and Wastewater Collection enterprise, but excluding depreciation, replacement and obsolescence charges or reserves therefor and amortization of intangibles or other bookkeeping entries of a similar nature. "Charges" means fees, tolls, assessments, rates and rentals prescribed under applicable law by the City Council for the services and facilities of the Wastewater Treatment enterprise and Wastewater Collection enterprise. (SGY7MKR)RZIPSTI-(%&%&*%'((*%% 161220 jb 6053827 3 This pledged source of revenue shall remain in effect until such financing is fully discharged unless modification or change of such dedication is approved in writing by the State Water Resources Control Board. SECTION 2: The financing for the abovereferenced Projects does not meet the definition of a project for the purposes of the California Environmental Quality Act, under Public Resources Code Section 21065 and CEQA Guidelines Section 15378(b)(5), because it is an administrative governmental activity which will not cause a direct or indirect physical change in the environment. Council approved an Initial Study/Mitigated Negative Declaration for the sludgedewatering and loadout facility project on March 28, 2016 (Staff Report ID# 6424). SECTION 3: Resolution No. 9631, adopted on October 17, 2016, is hereby repealed. INTRODUCED AND PASSED: February 13, 2017 AYES: DUBOIS, FILSETH, FINE, HOLMAN, KNISS, KOU, SCHARFF, TANAKA, WOLBACH NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk Mayor APPROVED AS TO FORM: APPROVED: Senior Deputy City Attorney City Manager Director of Public Works Director of Administrative Services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