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HomeMy WebLinkAbout052013_ca06Department of Public Works O Consent Agenda Page 1 of 1 Jefferson County Board of Commissioners Agenda Request To: Board of Commissioners Philip Morley, County Administrator From: Frank Gifford, Public Works Director ~~ Agenda Date: May 20, 2013 Subject: Public Works Trust Fund Loan Disbursement Request #2 Statement of Issue: On March 5, 2012, Jefferson County Public Works entered into a Public Works Trust Fund (PWTF) loan contract with the State Public Works Board for $lOM as part of the funding and financing plan for the Port Hadlock Wastewater Facility project. The loan disbursement request requires approval and signature from the Board of Commissioners. Analysis/Strategic Goals/Pro's & Con's: The PWTF is being used to reimburse the County for project costs including Final Design Services and land acquisition. Fiscal Impact/Cost Benefit Analysis: Disbursement Request #2 total is $714,960.69 which includes County contributions to final facility design for April 2013 and land acquisition. Total loan disbursements to date are $974,072.42. The loan terms are 35 years (5-year payment deferral + 30- yearpayment schedule including interest accrued during deferral period) at O.S~o interest. Payment on loan disbursements begins June 1, 2017. Recommendation: Jefferson County Public Works recommends that the Board sign the disbursement request provided and return it to the Public Works Department for further processing. Department Contact: Joel Peterson, 385-9173 s ~sl Date Reviewed By: 11•lASHINGTON STATE DEPARI-MENT OP COM1r1ERCE AGENCY NUMBER $hOrt CDde Commerce Contract Number VOUCHER DISTRIBUTION Form 19-1A 1030 PC12-951-052 DEPARTMENT OF COMMERCE CONTRACTS ADMINISTRATION UNIT (CAU) PO BOX 42525 OLYMPIA, WA 98504-8300 INSTRUCTION TO VENDOR OR CLAIMANT: Submii this form to claim payment for materials, merchandise ar services. Show complete detail for each item. VENDOR OR CLAIMANT (Warrant is to be payable to:) Jefferson County 623 Sheridan St Port TOWnSend ~ WA ~ 98368 Vendor's Certificate: I hereby certify under perjury that the items and totals fisted herein are proper charges for materials, merchandise or services furnished to the State of Washington, and that all goods furnished and/or services rendered have been provided without discrimination because of age, sex, marital status, race, creed, color, national on In, ITandica g' p, religion m Vietnam era or disabled veterans status. Contact Person: Joel Peterson By: PITOITe: 360-385-9173 (SIGN IN BLUE INK) Email: Ieterson co.~efferson.wa.us Contract Period: March 5, 2012 to March 5, 2017 VOUCHER NUMBER: 2 (TITLE) (DATE) DATE DESCRIPTION (refer to Attachment i of your executed Contract) BUDGET PREVIOUSLY REQUESTED AMOUNT THIS INVOICE AWARD REMAINING BALANCE LOAN AMOUNT AT CONTRACT EXECUTION S~Q~OQO,OOO.OO 04/16/13 FinalEnglneeringDeslgn4/2013 $259,111.73 $48,098.69 $9,692,789.58 05/02/13 LandAcquisltlon $666,861.68 $9,025,927.90 TOTALS $10,000,000.00 $259,111.73 $714,960.37 $9,025,927.90 FD~2 COblhtEkC~ U5~ ONLY' Allowable Costs : $ Reimbursement : $ Advance: $ Apply to Advance: $ Match: Year I Dollars I Coding PROGRAtd APPROVAL DATE DOC DATE CURRENT DOC. NO. REFERENCE DOC NO. VENDOR NUMBER and SUFFIX SWV0002430 16 ACCOUNT NO. ASD NUMBER 26044 VENDOR MESSAGE TRANS CODE MASTER INDEX SUB OHJ suH BUB CHJ GL ACCT SUBS'D AMOUNT INVOICE PC12-951-052 SIGNATURE OF ACCOUNTING PREPARER FOR PAYMENT DATE WARRANT TOTAL ACCOUNTING APPROVAL FOR PAYMENT DATE Revised 2/4/11 A19-ta basic form with advance block