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HomeMy WebLinkAbout052217_ca11Department 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: Monte Reinders, Public Works Director/County Engineer,f ; Agenda Date: May 22, 2017 Subject: Public Works Board Loan Amendment - Port Hadlock Sewer Statement of Issue: A loan Amendment with the Public Works Trust Fund Board (PWTFB) for the Port Hadlock Wastewater System project. Analysis/Strategic Goals/Pro's Et Con's: Jefferson County was awarded a loan of $10,000,000 by the PWTFB in 2012 for development of the Port Hadlock Wastewater System, which has an estimated startup cost of approximately $45,000,000 for the Core Et Rhody service areas. The County has used approximately $1,676,155 of the loan combined with an EPA grant of $970,000 to complete the plans and specifications for the wastewater treatment plant and wastewater re -use facility and to complete permitting and land acquisition. A loan extension for 18 months was approved in February 2017 to allow the County time to seek grants and appropriations from State and Federal sources that would allow the project to advance. The Public Works Board recently discovered an error in their document. The contract end date should state June 1, 2046 instead of July 1, 2046. The PWTFB has requested that the County sign the attached Amendment. Fiscal Impact/Cost Benefit Analysis: This Amendment is for time only and so there is no new fiscal impact. Recommendation: Please sign all three (3) original documents where indicated and return to Public Works for further processing. Department Contact: Monte Reinders, Public Works Director (360) 385-9160 Reviewed By: P Morley, 64y A Date AMENDMENT FACE SHEET Loan Number PC12 951 052 Amendment Number C Washington State Department of Commerce PUBLIC WORKS BOARD Construction Loan Contract 1 Contractor 2 Contractor Doing Business As (optional) Jefferson County N/A 623 Shendan st Port Townsend WA 98368 3 Contractor Representative (only if updated) 4 Public Works Board Representative (only if updated) N/A N/A 5 Original Contract Amount 6 Amendment 7 New Contract Amount Amount $10 000 000 00 N/A N/A 8 Amendment Funding Source 9 Amendment Start Date 10 Contract End Date Federal ❑ State 0 Other ❑ N/A ❑ Amendment Execution Date June 1 2046 11 Federal Funds (as applicable) Federal Agency CFDA Number N/A N/A N/A 12 Amendment Purpose The purpose of this amendment is to correct a processing error that caused the contract completion dates to be incorrectly displayed in the contract document The Board defined as the Washington State Public Works Board and Borrower/Contractor acknowledge and accept the terms of this Agreement/Contract As Amended and attachments and have executed this Contract on the date below to start as of this date of execution The rights and obligations of both parties to this Agreement/Contract As Amended are governed by this Agreement/Contract Amendment and the following other documents incorporated by reference Declarations Page Amendment Terms and Conditions including all attachments A copy of this Agreement/Contract Amendment shall be attached to and made a part of the original Agreement/Contract between the Board and the Borrower/Contractor Any reference in the original Contract to Agreement or Contract shall mean the Agreement As i Amended or Contract As Amended respectively FOR THE BORROWER/CONTRACTOR FOR PUBLIC WORKS BOARD Signature Scott Hutsell Public Works Board Chair Print Name Date APPROVED AS TO FORM ONLY Title This 18th Day of December, 2008 Rob McKenna Date Attorney General Signature on File Kathryn Wyatt Assistant Attorney General Jefferson County Page 1 Loan End Date Amendment PC 12 951-052 5/11/2017 All Programs AMENDMENT TERMS AND CONDITIONS Washington State Department of Commerce PUBLIC WORKS BOARD Construction Loan Contract Contractor/Borrower Jefferson County Contract Number PC 12 951 052 Amendment Number C The Public Works Board (or its successors) a department of the State of Washington (hereafter referred to as the Board ) and the Contractor listed on the Face Sheet agree to amend the declared loan by modifying the contract completion dates in the following sections to reflect the term and completion date as set for below Contract Face Sheet (Item 8 Contract End Date) Contract End Date June 1 2046 Part 1 Special Terms and Conditions 1 14 Rate and Term of Loan (2nd sentence modified to read as follows) The term of the loan shall not exceed 35 years with the final payment due June 1 2046 1 17 Repayment (2nd paragraph 3rd sentence is modified to read as follows) The final payment shall be on or before June 1 2046 of an amount sufficient to bring the loan balance to zero Jefferson County Page 2 Loan End Date Amendment PC12 951-052 5/11/2017 All Programs