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Item 29 - Installment Sale Agreement for Automated Metering Infrastructure Project
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02/07/2023 Regular & HA
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Item 29 - Installment Sale Agreement for Automated Metering Infrastructure Project
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8/11/2023 10:04:11 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
29
Date
2/7/2023
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<br /> <br /> <br /> <br /> <br />DRINKING WATER CONSTRUCTION LOAN <br /> <br /> <br />CITY OF SANTA ANA <br /> <br />AND <br /> <br />CALIFORNIA STATE WATER RESOURCES CONTROL BOARD <br /> <br /> <br /> <br />CONSTRUCTION <br />INSTALLMENT SALE AGREEMENT <br /> <br /> <br />PROJECT NO. 3010038-002C <br />AUTOMATED METERING INFRASTRUCTURE <br /> <br /> <br /> <br />AGREEMENT NO. D2202006 <br /> <br /> <br />PROJECT FUNDING AMOUNT: $10,117,365.00 <br />ESTIMATED REASONABLE PROJECT COST: $22,208,325.00 <br /> <br /> <br />ELIGIBLE WORK START DATE: JUNE 1, 2019 <br />ELIGIBLE CONSTRUCTION START DATE: SEPTEMBER 9, 2022 <br /> <br />COMPLETION OF CONSTRUCTION DATE: JUNE 30, 2025 <br />FINAL REIMBURSEMENT REQUEST DATE: DECEMBER 30, 2025 <br />FINAL PAYMENT DATE: JULY 1, 2045 <br />RECORDS RETENTION END DATE: JUNE 30, 2045 <br />
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