Item 38 - Water Revenue Bonds - Laserfiche WebLink

Home Browse Search

The Project The Project consists of numerous public improvements which are identified as follows: (a) installation of advanced water meters, improvements to the Walnut Pump Station and Garthe Pump Station, improvements to the Washington Well, Large Water Services Vault and Meter Apparatus improvements, Washington Well improvements and improvements to citywide facilities to include electrical motor control centers and variable frequency drives. The total cost of construction of the Project is estimated by the City to be approximately $45,000,000. Amounts not funded from proceeds of the Bonds are expected to be funded from excess Net Revenues. The City commenced installation of the advanced water meter replacements and construction of the Garthe Pump Station improvements. Design of the improvements to the Walnut Pump Station, Large Water Services Vault and Meter Apparatus and Washington Well has commenced. Planning for the citywide facilities improvements to include electrical motor control centers and variable frequency drives is underway. Estimated costs and completion dates of the Project components are as follows: Anticipated Facili 0) Estimated Cost Completion Period Advanced Water Meters $15,000,000 December 2025 Walnut Pump Station PFAS Improvements 5,000,000 March 2026 Garthe Pump Station Improvements 5,000,000 December 2026 Large Water Services Vault and Meter Apparatus Improvements 8,000,000 December 2026 Washington Well Improvements 6,000,000 September 2026 Citywide Facilities Electrical Improvements 6,000,000 March 2027 The City may replace these improvements with other improvements or betterments to the Water System. See "THE WATER SYSTEM — The Projects, Future Water System Improvements" for additional improvements. Environmental Compliance The Project and its various components are subject to the California Environmental Quality Act ("CEQA"). Under CEQA, a project which may have a significant effect on the environment and which is to be carried out or approved by a public agency must comply with a comprehensive environmental review process, including the preparation of an Environmental Impact Report ("EIR"). Contents of an EIR include a detailed statement of the proj ect's significant environmental effects; any such effects which cannot be avoided if the project is implemented; mitigation measures proposed to minimize such effects; alternatives to the proposed project; any significant irreversible environmental changes which would result from the project; the project's growth -inducing impacts; and a brief statement setting forth the agency's reasons for determining that certain effects are not significant and hence do not require discussion in an EIR. If the agency determines that the project itself will not have a significant effect on the environment, it may adopt a negative declaration to that effect and need not prepare an EIR. The City has determined that the components of the Project are either categorically exempt from CEQA or have adopted a Mitigated Negative Declaration. 4