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March 1, 2011 Page 2 Comm. 104, Res.41 -11 <br />Deputy Manager Antonio added that the two main reasons for the DWS to do this right now is to <br />address the issue of the "spaghetti lines" that currently exist and the lack of fire hydrants in this <br />highly flammable area. He also stated that without the grant from the United States Department <br />of Agriculture (USDA) and loan funding by the USDA Rural Utilities Service (RUS) this type of <br />project would not be possible. <br />Project costs are $1,569,369 and three sources of funding have been identified as: $353,369 from <br />a USDA RUS grant; $1,169,000 from a RUS loan; and $47,000 required applicant contribution. <br />All the residents in the "improvement district" will have a fair share cost and will assume all <br />responsibilities to repay the loan and any debt service amounts required. <br />Council Member Hoffmann commended the community for their willingness to actively take <br />part and financial responsibility to improve their neighborhood. <br />Your Committee on Public Works and Parks and Recreation is in accord with the purpose and <br />intent of Resolution No. 41 -11, and recommends its adoption. <br />bl <br />Respectfully submitted, <br />COMMITTEE ON PUBLIC WORKS & <br />PARKS AND RECREATION <br />FRED BLAS, CHAIR <br />PWPRC REPORT NO. 14 <br />ADOPTED: MAR 1 6 2511 <br />AYES <br />NOES <br />A &E <br />EX <br />BLAS <br />X <br />FORD <br />X <br />HOFFMANN <br />X <br />IKEDA <br />X <br />ONISHI <br />X <br />PILAGO <br />X <br />SMART <br />X <br />YAGONG <br />X <br />YOSHIMOTO <br />X <br />Respectfully submitted, <br />COMMITTEE ON PUBLIC WORKS & <br />PARKS AND RECREATION <br />FRED BLAS, CHAIR <br />PWPRC REPORT NO. 14 <br />ADOPTED: MAR 1 6 2511 <br />