Laserfiche WebLink
Kittitas County <br />Solid Waste <br /> <br />Agenda Staff Report <br /> <br />AGENDA DATE: <br />4/4/2023 <br /> <br />ACTION REQUESTED: <br />Request to ratify Chairs signature on the Public Works Board Construction Loan Contract Number PC23- <br />96103-132. <br /> <br />BACKGROUND: <br />Kittitas County Solid Waste has been working to relocate the aging lower county transfer station for the past <br />six years. <br /> <br />The Solid Waste Department has looked for funding options to assist with the construction of the site from <br />grants and loans. The Solid Waste Department was able to obtain a low interest loan from the Public Works <br />Board for 10,000,000. The interest rate on the load will be 1.39% for 20 years. If we are able to completed <br />the project in less then 48 months from signing this contract the county is eligible for reducing the interest <br />rate from .25-.50 percent depending on the exact date. <br /> <br />All documents for this loan are required to be signed using electronic signature via DocuSign. The loan <br />documents have been reviewed by the Prosecutors Office and the Attorney's Certification has been signed <br />by Douglas Mitchell via DocuSign. <br /> <br />This required that the Chairs signature on these also be done via electronic signature via DocuSign. <br /> <br /> <br /> <br /> <br /> <br />INTERACTION: <br />Prosecutors office, Auditor and Board of County Commissioners. <br /> <br />RECOMMENDATION: <br />Recommend Board of County Commissioners ratify the Chairs electronic signature on the Public Works <br />Board Construction Loan Contract Number PC23-96103-132. <br /> <br />HANDLING: <br /> <br /> <br />LEAD STAFF: <br />Patti Stacey <br />