Title
Discussion of a GEFA State Revolving Fund (SRF) Loan for Tier 1 Green Project for Automated Metering Infrastructure (AMI) - Guidance
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Action Required:
Guidance
Description:
The City is requesting that GEFA provide a loan to the City in the amount of $1,500,000 to fund the development of a fixed base Automated Meter Infrastructure system to assist the City in its goal to reduce water loss, promote water conservation, and be more environmentally friendly. The project has completed the initial review by the State Environmental Protection Division (EPD).
The City has submitted the required Engineering Report for environmental review approval. All other documents needed for full approval are either in process or already approved. Staff has been in close contact with GEFA and EPD and everything is on target. We are currently preparing the bid specifications for the project. The City must issue a notice to proceed for the project by December 31, 2010.
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