File #: 21-0669    Version: 1
Type: New Business
In control: Water Advisory Group
Final action:
Title: DISCUSSION OF DRAFT STAFF REPORT - AUTHORIZE THE EXECUTION OF AN INSTALLMENT SALE AGREEMENT BETWEEN THE CITY OF STOCKTON AND THE CALIFORNIA STATE WATER RESOURCES CONTROL BOARD UNDER THE CLEAN WATER ACT STATE REVOLVING FUND PROGRAM IN THE AMOUNT OF $46,800,000 TO ASSIST IN THE FINANCING OF THE PLANNING, DESIGN, AND CONSTRUCTION OF THE REGIONAL WASTEWATER CONTROL FACILITY MODIFICATIONS PROJECT AND AUTHORIZE AND DIRECT ADDITIONAL ACTIONS WITH RESPECT THERETO
Attachments: 1. Attachment A - Draft Staff Report, 2. Attachment B - Draft Attachment A, 3. Attachment C - Draft Attachment B, 4. Attachment D - Draft Proposed Resolution

title

DISCUSSION OF DRAFT STAFF REPORT - AUTHORIZE THE EXECUTION OF AN INSTALLMENT SALE AGREEMENT BETWEEN THE CITY OF STOCKTON AND THE CALIFORNIA STATE WATER RESOURCES CONTROL BOARD UNDER THE CLEAN WATER ACT STATE REVOLVING FUND PROGRAM IN THE AMOUNT OF $46,800,000 TO ASSIST IN THE FINANCING OF THE PLANNING, DESIGN, AND CONSTRUCTION OF THE REGIONAL WASTEWATER CONTROL FACILITY MODIFICATIONS PROJECT AND AUTHORIZE AND DIRECT ADDITIONAL ACTIONS WITH RESPECT THERETO

 

recommended action

RECOMMENDATION

 

Approve forwarding the Draft Staff Report - Authorize the Execution of an Installment Sale Agreement between the City of Stockton and the California State Water Resources Control Board under the Clean Water Act State Revolving Fund Program in the Amount of $46,800,000 to Assist in the Financing of the Planning, Design, and Construction of the Regional Wastewater Control Facility Modifications Project and Authorize and Direct Additional Actions with Respect Thereto to the Council Water Committee for consideration and approval.

 

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Summary

 

All draft documents are subject to change.

Attachment A - Draft Staff Report

Attachment B - Draft Attachment A - Sample SRF Loan Amortization Provided by the State Water Resources Control Board

Attachment C - Draft Attachment B - Installment Sale Agreement

Attachment D - Draft Proposed Resolution