Laserfiche WebLink
Adopt Resolutions and Authorize Applications for State Revolving Fund Capital Project <br />Financing <br />August 2, 2016 <br />Page 2 <br />be secured on a shorter timeline and repaid more flexibly, subject to conditions of participation <br />and competitive scoring criteria established and administered under the supervision of SWRCB. <br />With the assistance of a contract consultant, staff has prepared draft general applications for four <br />capital projects that are good candidates for SWRCB approval. These projects would benefit <br />from a near -term infusion of cash to shorten their respective project delivery schedules, and <br />accelerate realization of service -level and financial benefits to the City and its enterprise <br />ratepayers. The following four projects were selected by staff: <br />Application Project Name <br />Proiect # and Description Stage of Delivery Estimated Cost <br />1. San Lorenzo Sewer Lift Station <br />06 -3510; Replace Segerstrom sewer lift station <br />2. Sewer Collection System Improvements <br />Replace existing mains and associated assets <br />3. Automated Meter Infrastructure <br />16 -6460; Replace 48, 000 meters with smart <br />meters and associated assets <br />4. Water Distribution System Improvements <br />Replace end -of- useful -life cast iron water mains <br />Finalizing Plans & $4.0 Million <br />Specifications <br />Various, ongoing $9.5 Million <br />Feasibility Study $13.7 Million <br />underway <br />Various, ongoing $10.8 Million <br />Santa Ana ratepayers rose to the challenge of the Governor's drought conservation orders last <br />fiscal year and reduced their consumption by more than the 12 percent system -wide reduction <br />required by the State. While this is good for our long -term resource conservation and sustainable <br />use, it negatively impacted Water Enterprise and Sewer Enterprise revenues in the short term, <br />resulting in delays and deferments in capital projects. Making use of these available financing <br />sources can reduce the impact of the delayed capital project delivery, and reduce inefficiencies in <br />City and enterprise operations, and thereby reduce long -term costs to the City and its ratepayers. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #6 - Community Facilities & <br />Infrastructure, Objective #1 (establish and maintain a Community Investment Plan for all City <br />assets), Strategy G (develop and implement the City's Capital Improvement Program in <br />coordination with the Community Investment and Deferred Maintenance Plans. <br />55B -2 <br />