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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE PROPER CITY OFFICIALS TO APPLY FOR THE STATE OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION REVOLVING LOAN PROGRAM FOR WASTEWATER FACILITIES; PLEDGING OF WATER AND SEWER UTILITY FEES AS THE REVENUES TO REPAY THE LOAN, PROVIDING FOR CONFLICTS, PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $2,882,108 Financed over the maximum SRF 20-Year term with Water and Sewer Revenues)
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(Staff Contact: A. Randolph Brown)
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Summary Explanation/Background:
We are in the process of applying for State Revolving Fund (SRF) for Non-Sewer C Drainage Improvement Area. This area is a commercial/industrial park area, with no residential homes within the project boundaries. The proposed sanitary sewer improvements will provide a centralized wastewater collection system for this area currently served by septic tanks. The reduction and elimination of septic tanks is one of the ways the City is proactively improving the health of the local environment and waterways.
Origin of request for this action: Utilities
Fiscal impact and source of funding: : $2,882,108 Financed over the maximum SRF 20-Year term with Water and Sewer Revenues
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