Title
The Board of Water Commissioners for the City of Detroit, Water and Sewerage Department recommends adoption of the "A final project plan for the Detroit Water and Sewerage Department Water System Improvement, Watermain Replacement and Dedicated Full Lead Service Line Replacement and Designating an Authorized Project Representative FY 2024 Drinking Water State Revolving Fund (DWSRF)" and also authorizes the Chief Financial Officer and the Director to take such other action as may be necessary to accomplish the intent of this vote.
Body
Agenda of April 19, 2023
Item No.: 2023-101
DWSRF Resolution
TO: The Honorable
Board of Water Commissioners
City of Detroit, Michigan
FROM: Istakur Rahman, Chief Financial Officer
Detroit Water and Sewerage Department
RE: A RESOLUTION ADOPTING A FINAL PROJECT PLAN
FOR THE DETROIT WATER AND SEWERAGE DEPARTMENT WATER SYSTEM IMPROVEMENTS, WATERMAIN REPLACEMENT AND DESIGNATING AN AUTHORIZED PROJECT REPRESENTATIVE FY2024 DRINKING WATER STATE REVOLVING FUND
MOTION:
Upon recommendation of Istakur Rahman, Chief Financial Officer, the Board of Water Commissioners for the City of Detroit, Water and Sewerage Department recommends adoption of the "A final project plan for the Detroit Water and Sewerage Department Water System Improvement, Watermain Replacement and Dedicated Full Lead Service Line Replacement and Designating an Authorized Project Representative FY 2024 Drinking Water State Revolving Fund (DWSRF)" and also authorizes the Chief Financial Officer and the Director to take such other action as may be necessary to accomplish the intent of this vote.
JUSTIFICATION:
The Detroit Water and Sewerage Department will utilize the State's Drinking Water Revolving Fund to finance the Watermain improvements to the City's Local Water Supply Distribution System in accordance with the approved FY 2024 Capital Improvement Plan. Anticipated borrowings are not to exceed $36 million.
BACKGROUND:
The Detroit Water and S...
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