HomeMy WebLinkAboutR - 2022-22 - Resolutions - Necessity for Capital Improvement Project R— 2022 - 22
RESOLUTION OF NECESSITY FOR CAPITAL IMPROVEMENT PROJECT
WHEREAS, at a Meeting of the City Council of the City of South Burlington
("Council") duly warned and held on October 3, 2022, the City's Department of
Public Works Director ("Director") and Hoyle Tanner & Associates, Inc., the
consulting engineering firm engaged by the City, reported that capital equipment
installed at the City of South Burlington's ("City") Bartlett Bay Wastewater
Treatment Facility ("Facility") was nearing the end of its expected useful life, that
the Facility's physical condition was degraded and required significant capital
investment to comply with applicable regulatory requirements, and that related
wastewater infrastructure refurbishments and improvements including wastewater
pump station upgrades and the addition of a clarifier at the Airport Parkway
wastewater treatment facility ("APWWF") are all necessary to properly treat
projected volumes of wastewater and avoid inadvertent discharge of untreated
wastewater indirectly into Lake Champlain; and
WHEREAS the capital equipment upgrades to the City's wastewater
treatment system, including the refurbishment or replacement of four (4)
wastewater pump stations, the installation of a clarifier at the APWWF, and the
capital improvements to the Facility are estimated to cost Thirty-Three Million
Eight Hundred Thirty-Three Thousand and 00/100 Dollars ($33,833,000); and
WHEREAS the Director and Hoyle Tanner recommended to the Council that
the capital equipment upgrades, the installation of a clarifier at the APWWF, and
capital construction and refurbishment of the Facility are necessary, appropriate,
and warranted; and
NOW THEREFORE BE IT RESOLVED that the Council finds that the public
interest and necessity demand that the City design, engineer, plan, and install
capital equipment and make capital improvements to the Facility, install a clarifier
at the APWWF, and refurbish or replace four (4) related wastewater pump stations
(the "Project") at an aggregate estimated cost of Thirty-Three Million Eight
Hundred Thirty-Three Thousand and 00/100 Dollars ($33,833,000); and
BE IT FURTHER RESOLVED that the costs of the Project after the
application of available state and federal construction grants-in-aid, appropriations,
reserves, and other funds (including ARPA funds) available to the City, if any, are
too great to be paid out of the ordinary annual income and revenue of the City; and
BE IT FURTHER RESOLVED that a proposal for undertaking the Project
and to issue general obligation bonds or notes of the City in the aggregate principal
amount not to exceed Thirty-Three Million Eight Hundred Thirty-Three Thousand
and 00/100 Dollars ($33,833,000) to pay for the Project and related costs of issuance
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and expenses should be submitted to the legal voters of the City at the annual City
Meeting to be duly warned and held on March 7, 2023; and
BE IT FURTHER RESOLVED that a public information meeting will be held
to discuss the Project and the issuance of bonds on Monday, March 6, 2023,
commencing at six-thirty o'clock (6:30) in the afternoon (p.m.) to be held in-person
at the City Offices and also electronically on an online platform, the specific details
and dial-in numbers for the on line platform will be as specified in the Warning for
the Meeting and the warning for the public information meeting; and
BE IT FURTHER RESOLVED that all acts relating to the proposition of
incurring bonded indebtedness and the issuance of general obligation bonds or notes
of the City for the purpose of financing the Project be in accordance with the
provisions of Chapters 53 and 120 of Title 24 of the Vermont Statutes Annotated;
and
BE IT FURTHER RESOLVED that the attached Warning and form of Ballot
is specifically adopted for use in connection with consideration of the above-stated
proposition of making public improvements and incurring bonded indebtedness
therefor.
Dated: December /9 2022
CITY OF SOUTH BURLINGTON CITY COUNCIL
Helen Riehle, Chair Meagharl/Emery, Vice Chair
rpp-44,-
Tim Barritt Tom Chittenden
Matt Cota
Received for record this ?o day of December 2022.
Donna Kinville, City Clerk
SON22-001 NecRes WWaterSyslmps 22.12-14 FINALBONDS.docx
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