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2023-02-14-minutes-solid-waste-and-maintenance
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2023-03-07 10:00 AM - Commissioners' Agenda
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2023-02-14-minutes-solid-waste-and-maintenance
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Last modified
3/2/2023 12:23:17 PM
Creation date
3/2/2023 12:22:30 PM
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Meeting
Date
3/7/2023
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Supporting documentation
Supplemental fields
Item
Approve Minutes
Order
1
Placement
Consent Agenda
Row ID
100147
Type
Minutes
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CLIENT INFORMATION <br />Legal Name: <br />Loan Number: <br />PROJECT INFORMATION <br />Project Title: <br />Project City: <br />Project State: <br />Project Zip Code: <br />LOAN INFORMATION <br />Loan Amount: <br />Total Estimated Cost: <br />Total Estimated Project Funding: <br />Loan Forgiveness % (if applicable): <br />Loan Term: <br />Interest Rate: <br />Payment Month: <br />Loan Reimbursement Start Date: <br />Time of Performance <br />DECLARATIONS <br />Kittitas County <br />PC23-96103-132 <br />Ellensburg Transfer Station <br />Ellensburg <br />Washington <br />98926 <br />$10,000,000.00 <br />$19,117,450.00 <br />$10,000,000.00 <br />20 <br />1.39% <br />June 1St <br />November 5, 2022 <br />60 months from Execution Date of this Contract to Project <br />Completion. <br />SPECIAL TERMS AND CONDITIONS GOVERNING THIS LOAN AGREEMENT <br />LOAN SECURITY CONDITION GOVERNING THIS LOAN AGREEMENT <br />This loan is a revenue obligation of the CONTRACTOR payable solely from the net revenue of the Solid Waste Utility <br />system. Payments shall be made from the net revenue of the utility after the payment of the principal and interest on any <br />revenue bonds, notes, warrants or other obligations of the utility having a lien on that net revenue. As used here, "net <br />revenue" means gross revenue minus expenses of maintenance and operations. The BOARD grants the CONTRACTOR <br />the right to issue future bonds and notes that constitute a lien and charge on net revenue superior to the lien and charge of <br />this loan agreement. <br />SCOPE OF WORK <br />The project costs may include but are not limited to: engineering, cultural and historical resources, environmental <br />documentation, review, permits, public involvement, bid documents and construction. The project needs to meet all <br />applicable Local, State, and/or Federal standards. <br />
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