HomeMy WebLinkAboutRES2025-124 Adjusted Loan for LagoonsSponsored by:Sorensen
CITY OF SEWARD,ALASKA
RESOLUTION 2025-124
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA,REPEALING RESOLUTION 2025-064 AND AUTHORIZING
THE CITY MANAGER TO ACCEPT AN ADJUSTED LOAN AMOUNT
FROM THE ALASKA DEPARTMENT OF ENVIRONMENTAL
CONSERVATION CLEAN WATER FUND FOR $740,000 WITH LOAN
FORGIVENESS OF $740,000 FOR PLANNING AND DESIGN OF
LOWELL POINT AND SMIC LAGOON EFFLUENT DISINFECTION
AND COMPLETING AND IMPLEMENTING A REQUIRED
WASTEWATER/WATER UTILITY RATE STUDY
WHEREAS,the City completed and submitted the required questionnaire for the ADEC
Clean Water Fund loans;and
WHEREAS,the submitted loan questionnaire was accepted and the City was originally
offered a $665,600 loan with a forgiveness of$665,600;and
WHEREAS,after reviewing the City loan documents,the DEC Clean Water Fund
increased the loan amount to $740,000 with loan forgiveness of $740,000,and required a
Wastewater/Water Utility Rate Study to be completed;and
WHEREAS,the Alaska Department of Environmental Conservation (ADEC)has
mandated the City install disinfection equipment at the Lowell Point and SMIC Lagoons;and
WHEREAS,the ADEC Clean Water Fund has loan funds available for the planning and
design ofprojects for effluent disinfection;and
WHEREAS,utilizing the Clean Water Fund is an excellent opportunity to reduce the
capital cost liability for the lagoons at Lowell Point and SMIC.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD,ALASKA,that:
Section 1.City Council hereby repeals Resolution 2025-064.
Section 2.The City Manager hereby confirms City of Seward commitments to the State of
Alaska Department of Environmental Conservation and its intent to fund $740,000 for the Lowell
Point and SMIC Lagoon disinfection effluent,with loan forgiveness of $740,000 subject to
receiving a loan from ADEC.
Section 3.The City Council hereby authorizes the City Manager to accept the loan grant
funding and enter into a loan grant agreement with ADEC for $740,000 with $740,000 loan
forgiveness.
CITY OF SEWARD,ALASKA
RESOLUTION 2025-124
Section 4.The City Manager is hereby authorized to execute any and all documents that
may be necessary to affect a $740,000 loan with $740,000 forgiveness from ADEC,with agreed
interest,terms,and repayment to ADEC Clean Water Fund,subject to annual appropriations,
including but not limited to an agreement for the loan processing fee,and a promissory note.
Section 5.This resolution shall take effect immediately upon its adoption.
PASSED AND APPROVED by the City Council of the City of Seward,Alaska this 1
5th
day of December 2025.
THE CITY OF SEWARD,ALASKA
Sue McClure,Mayor
[]
AYES:
NOES:
ABSENT:
ABSTAIN:
ATTEST:
Kris Peck
City Clerk
(City
Barnwell,Calhoon,Crites,Osenga,Draper,Warner,McClure
None
None
None
U
U