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HomeMy WebLinkAboutCOM 0604.000 2004-2006 +tV or M4 Harry Kim •.~Y~ William Takaba llaror U,recmr • Nancy G Crawford ey.; Uepun~ Director ~r~ o~•N~M 1 ' County of Hawaii Finance Department 25 Aupuni SLreci_ Ronm 118 I IiloJ 12~~aii 96T_0 (808)961-8234 tax (RU819fi1-82aR December 15, 2005 Stacy K. Higa, Chairman and Members of the Hawaii County Council Hawaii County Council 25 Aupuni Street Hilo, Hawaii 96720 Re: Large Capacity Cesspool Conversions The U.S. Environmental Protection Agency (EPA), on December 7, 1999, had promulgated a regulation prohibiting the construction of new large capacity cesspools, and a requirement that all large capacity cesspools must be closed or upgraded to prevent the endangerment of underground sources of drinking water. The Department of Public Works has taken the lead for the EPA mandate of large capacity cesspool replacement for County facilities. The results from the first of five competitive bid packages, which was comprised of 17 of 103 cesspool conversion sites, was $1,498,000 or 68% greater than the $890,000 engineer's estimate. Bids of even higher percentage disparity from original estimates are anticipated as the pool of available contractors to complete the remaining four (4) segments are drawn down. With the current project appropriation balance at $7,050,000 and the revised engineer's estimate now set at $12,500,000; an additional appropriation of $5,500,000 will be required to successfully complete construction. These funds will come from the State Water Pollution Control Revolving Fund (SRF) Loan. Enclosed is a bill for an ordinance authorizing the Mayor to enter into an intergovernmental agreement for a SRF loan for the County's Large Capacity Cesspool Conversion (wastewater disposal improvement) project; and authorizing the issuance of general obligation bonds for the purpose of financing this improvement project. Pursuant to the County Procedures Manual for Participation in the Hawaii State Revolving Fund Loan Program, prepared by the Wastewater Branch of the Hawaii Department of Health in April 1994, part of the loan application process requires a "resolution or ordinance passed by the County Council which authorizes the SRF loan application and identifies the dedicated source(s) of revenue (i.e., general obligation bonds) which will fund the project and repayment of the loan with interest." The Council's authorization of the issuance of general obligation bonds will serve as a pledge of its general obligation authority as security for repayment of the loan and interest. ,L~iQQ,d 1A~IylaS~ Comm. Pto. (goy Rif. To:_ r~['/+FL Hewai'i County is an Equal Opportunity Provider and Employer Dafe ~L1~C 2 ~ j1LZiL Stacy K. Higa, Chairman and Members of the Hawaii County Council Page 2 December 15, 2005 Also enclosed, is a bill for an ordinance adding the Large Capacity Cesspool Conversion project for $5,500,000 into this fiscal year's Capital Budget. If there are any questions, please do not hesitate to call the Department of Public Works. ~2-d~ William Ta ba Director of Finance APPROVED: Harry Kim Mayor Enc. cc: Public Works Form B-52 7/ 18/91 DEPARTMENT OF FINANCE REQUEST FOR COUNCIL ACTION DEPARTMENT: Public Works DATE: December 9, 2005 STAFF CONTACT: David Yamamoto PHONE: 961-8466 A. REQUEST: Amend Ordinance 05-87, the Capital Budget by adding an appropriation for: Large Capacity Cesspool Conversions $ 5,500,000.00 An ordinance authorizing the County of Hawaii to enter into an intergovernmental agreement for a State Water Pollution Control revolving Fund Loan; and authorizing the issuance of $5,500,000 general obligation bonds for the purpose of financing wastewater disposal improvements. B. BACKGROUND AND JUSTIFICATION (USE ADDITIONAL SHEETS AS NEEDED): The results from the first (1) of five (5) competitive bid packages which was comprised of 17 of the 103 cesspool conversion sites was $1,498,000 or 68% greater than the $890,000 engineer's estimate. Bids of even higher percentage disparity from original estimates are anticipated as the pool of available contractors to complete the remaining four (4) segments is drawn down. The current total appropriation balance is $7,050,000. The total revised engineer's estimate is $12,500,000. This request is for the additional $5,500,000 required to successfully complete construction. To complete the wastewater system upgrades and large capacity cesspool closures within the November 1, 2006 EPA Consent Agreement Deadline, construction funding needs to be available no later than February 2006. SIGNED: G ~c~<-~-~~- DATE: /v~6~~~- Department Head °n m ca ~ O v V ,y ~ ss cs O ~ 'G L ~ O R `o. -o O ° s o m t~ 'v n. 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