FY2014-20 Application for a Loan From the Alaska Clean Water Fund for Landfill Lateral Expansion Phase III Project ` l 1 Introduced by: Borough Manager
2 Requested by: Acting E/F Director
3 Drafted by: Special Projects Support
Introduced on: 11/07/2013
f' 4 Adopted on: 11/07/2013
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6
7 KODIAK ISLAND BOROUGH
8 RESOLUTION NO. FY2014-20
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10 A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY
11 AUTHORIZING THE KODIAK ISLAND BOROUGH TO SUBMIT AN
12 APPLICATION FOR A LOAN FROM THE ALASKA CLEAN WATER FUND
13 FOR THE LANDFILL LATERAL EXPANSION PROJECT, PHASE III
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15 WHEREAS, the Kodiak Island Borough seeks to obtain financial assistance to construct a
16 wastewater treatment plant as part of the Kodiak Landfill Lateral Expansion project to treat the
17 landfill's leachate; and
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19 WHEREAS, regulations for the landfill expansion require lined cells and that the leachate be
20 captured and treated to meet certain Alaska Clean Water Act standards; and
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22 WHEREAS, Phase III of the Kodiak Landfill Lateral Expansion project constructs an onsite
23 wastewater treatment plant for treatment of the landfill's leachate; and
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25 WHEREAS, the current proposed budget for Phase III is $16,820,981 and proposed budget
26 for the entire Kodiak Landfill Lateral Expansion project is $32,000,000; and
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28 WHEREAS, the State of Alaska, Department of Environmental Conservation (the
29 Department) is able to offer funding through the Alaska Clean Water Fund; and
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31 WHEREAS, this project has been placed on the Fiscal Year 2014 Alaska Clean Water Fund
32 Non-Point Source Funding Priority List making the project eligible for an Alaska Clean Water
33 Fund loan; and
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35 WHEREAS, the Kodiak Island Borough wishes to apply for a loan from the Alaska Clean
36 Water Fund in an amount up to $3,400,000 for a term of up to 20 years at an interest rate of
37 1.5%.
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39 NOW, THEREFORE BE IT RESOLVED, BY THE ASSEMBLY OF THE KODIAK ISLAND
40 BOROUGH that the Kodiak Island Borough is authorized to apply to the Department for a loan
41 from the Alaska Clean Water Fund for the construction of a wastewater treatment plant within
42 the Kodiak Landfill Lateral Expansion project.
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44 BE IT FURTHER RESOLVED that if the loan is approved by the Department, the Borough
45 Manager is authorized to execute any and all documents that may be required by the
46 Department to reflect the indebtedness, the terms of its repayment, and any security therefore,
47 including but not limited to an agreement for the loan and a promissory note.
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( l 49 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
50 THIS SEVENTH DAY OF NOVEMBER, 2013
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52 KODIA. ISLAM rEl ROUGH
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54 P . i
55 /'
56 ATTEST: Je'rol Frie : :orough Mayor
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LI 58 -A .
60 Nova M. Javier, MMC, B ough Clerk
0 Kodiak Island Borough, Alaska Resolution No. FY2014-20
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