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VM ETT`CITY C(POOL`' NDAAM O RR SEAT` <br /> rl <br /> PROJECT TITLE: Consent COUNCIL BILL# U <br /> Amendment No. 1 to the 2005 X Action Originating Department Public Works <br /> Drinking Water State First Reading Contact Person Tom Thetford <br /> Revolving Fund Loan 05- Second Reading Phone Number (425) 257-8800 <br /> 96300-013. Third Reading FOR AGENDA OF April 1, 2009 <br /> Public Hearing <br /> Initialed by: <br /> Department Head <br /> CAA <br /> Council President �b. <br /> Location Preceding Action Attachments Department(s) Approval <br /> Everett Water Filtration Loan Agreement 6/30/06 Amendment No. 1 Legal <br /> Plant Budget Committee 3/25/09 Admin <br /> Amount Budgeted $4,040,000 <br /> Expenditure Required $4,040,000 Account Number(s): UP 3198-2 Clearwell No. 2 <br /> Budget Remaining $0 <br /> Additional Required $0 <br /> DETAILED SUMMARY STATEMENT: <br /> The Public Works Department applied for and received a low-interest loan from the Public Works Board <br /> during the 2005 funding cycle to support construction of the 21 Clearwell at the Everett Water Filtration <br /> Plant. The completion date in the original loan documents was March 30, 2009. The start of the Clearwell <br /> project was delayed so that the new disinfection facility could be completed. As a result of the delay, the <br /> estimated completion date for the Clearwell project is now December 31, 2009. This required Public Works <br /> Department to submit an extension request to the Public Works Board for consideration. <br /> The Public Works Board approved an extension request at their March 2009 meeting and forwarded <br /> amendment No. 1 to the City for the Mayor's signature <br /> RECOMMENDATION (Exact action requested of Council): <br /> Authorize the mayor to sign Amendment No. 1 to the 2005 Drinking Water State Revolving Fund Loan 05- <br /> 96300-013. <br /> 6 <br />