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File #: RES 23-1413    Version: 1
Type: Resolution Status: Archived
In control: Board of Water Commissioners
Final action: 9/12/2023
Title: Pertaining to the acceptance of Minnesota Public Facilities Authority funding to partially finance the replacement of lead services for a value of $15,000,000.
Attachments: 1. Staff Report, 2. Resolution 23-1413, 3. Financial Analysis
Title
Pertaining to the acceptance of Minnesota Public Facilities Authority funding to partially finance the replacement of lead services for a value of $15,000,000.


Body
WHEREAS, at its March 8, 2022 meeting, the Board of Water Commissioners of the City of Saint Paul (the “Board”) directed staff to initiate a 10-year enhanced lead service line replacement plan (“Lead Free SPRWS”); and

WHEREAS, at its April 11, 2023 meeting, the Board directed staff to apply to the Minnesota Public Facilities Authority (“MNPFA”) for funding in an amount of up to $15M to finance the replacement of approximately 1,100 lead services; and

WHEREAS, Board staff has completed said application and the Minnesota Department of Health has certified that the application meets the applicable criteria set forth in Title XIV of the Public Health Services Act; and

WHEREAS, per Minnesota Statute 446A.077 Subd. 4. (b), grant funding can be used for 100% of private lead service replacement; and

WHEREAS, per Minnesota Statute 446A.077 Subd. 4. (c), grant funding can be used for 50% of public portion lead service replacement; and

WHEREAS, the $15M in funding will consist of $10M in private service replacement and $5M
in public portion service replacement, said public portion is to consist of $2.5M in grant funding and $2.5M in loan financing; and

WHEREAS, the Board adopted its 2023 budget in September 2022; and

WHEREAS, the Board had approved $7.5M for debt funding in the 2023 budget for lead service line replacement; and

WHEREAS, 2023 Administrative Order No. 6 will result in no increase or decrease to the 2023 adopted spending budget; now, therefore, be it

RESOLVED, that the Board of Water Commissioners of the City of Saint Paul hereby accepts the funding from the MNPFA for the Lead Free SPRWS project as certified by the Minnesota Department of Health as Project 1620026-25; and, be it

FURTHER RESOLVED, the Board directs and authorizes its Saint Paul Regional Water Services General Ma...

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