Title
The Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the amendment to the Water Supply System (WSS) 5-Year Capital Improvement Program for Fiscal Years 2025 through 2029 and the Fiscal Year 2025 Capital Budget and further authorize the Director and Chief Financial Officer to take such other action as may be necessary to accomplish the intent of this vote.
Body
Agenda of October 16, 2024
Item No. 2024-203
Amended 5-Year Capital Improvement Program (CIP) Fiscal Years 2025 to 2029 Water Supply System Amount: $503,909,000 and FY 2025 Capital Budget Water Supply System Amount: $156,848,000
TO: The Honorable
Board of Water Commissioners
City of Detroit, Michigan
FROM: Gary Brown, Director
Detroit Water and Sewerage Department
RE: Resolution to Amend the 5-Year Fiscal Years 2025 to 2029 Capital Improvement Program (CIP) Budget and the Fiscal Year 2025 Capital Budget for the Water Supply System to reflect the reclassification of Funding Sources
MOTION
Upon recommendation of Istakur Rahman, Chief Financial Officer, the Board of Water Commissioners for the City of Detroit Water and Sewerage Department approves the amendment to the 5-Year Capital Improvement Program (CIP) Budget for Fiscal Years 2025 to 2029 and the Fiscal Year 2025 Capital Budget for the Water Supply System to reclassify certain funding sources; and further authorizes the Director and Chief Financial Officer to take such other action as may be necessary to accomplish the intent of this vote.
WHEREAS The Great Lakes Water Authority ("GLWA") assumed operation of the regional Water and Sewer systems and the Detroit Water and Sewerage Department ("DWSD") continued operation of the retail water and sewer systems on January 1, 2016 pursuant to Lease Agreements between GLWA and the City of Detroit dated June 12, 2015.
WHEREAS The Detroit Water and Sewerage Department is seeking approval to reclassify $30 million from the State Revolving...
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