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HomeMy WebLinkAboutWashington State, Department of Commerce Public Works Board - 052217Tor; �,� 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 Sheridan st Port Townsend, WA 98368 3. Contractor Representative (only if updated) 14. 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 Agree me nt/Co ntract 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 AmPnrpri" nr'T nnfrarf Ac Amcnrinrl " rncnnMivoly FOR THE BORROWER/CONTRACTOR Signature ' d+l Feer Kiev - Print Name Title Date FOR &USLIC WORKS BOARD Scott Hutsell, Public Works Board Chair Date APPROVED AS TO FORM ONLY This 18th Day of December. 2008 Rob McKenna Attorney General Signature on File Kathryn Wyatt Assistant Attorney General Jefferson County Page 1 Loan End Date Amendment PC12-951-052 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 ollows):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 PC 12-951-052 Page 2 5/11/2017 Loan End Date Amendment All Programs Department 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, 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 Ft 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 ft 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, u y Adm isVat Date Leslie Locke From: Tina Anderson Sent: Thursday, May 18, 2017 10:21 AM To: Leslie Locke Subject: FW: PW Board Loan Monte's response to the Amendment : From: Monte Reinders Sent: Thursday, May 18, 2017 9:47 AM To: Tina Anderson <TAnderson@co.jefferson.wa.us> Subject: RE: PW Board Loan That's what the State sent me to correct their mistake. I would just go with it. From: Tina Anderson Sent: Wednesday, May 17, 2017 4:59 PM To: Monte Reinders <MReinders@co.iefferson.wa.us> Subject: PW Board Loan Monte, Leslie called from BOCC inquiring about the Amendment on the PW Board Loan agenda item. It is Amendment C. She has record of Amendment A from February. Is there a B? Tina Anderson, Administration 111 Jefferson County Public Works 623 Sheridan Street Port Townsend, WA. 98368 360-385-9208 All e-mail sent to this address has been received by the Jefferson County e-mail system and is therefore subject to the Public Records Act, a state law found at RCW 42.56. Under the Public Records law the County must release this e-mail and its contents to any person who asks to obtain a copy (or for inspection) of this e-mail unless it is also exempt from production to the requester according to state law, including RCW 42.56 and other state laws. 1