Record No: CB 120639    Version: 1 Council Bill No: CB 120639
Type: Ordinance (Ord) Status: Passed
Current Controlling Legislative Body City Clerk
On agenda: 9/5/2023
Ordinance No: Ord 126894
Title: AN ORDINANCE relating to acceptance of funding from non-City sources; authorizing the General Manager and CEO of Seattle Public Utilities to accept specified loans to partially finance costs related to the construction of the South Thornton Natural Drainage System Project; and ratifying and confirming certain prior acts.
Sponsors: Alex Pedersen
Supporting documents: 1. Summary and Fiscal Note, 2. Summary Ex A – Draft Agreement with Ecology (WQC-2024 SeaPUD-0005), 3. Presentation, 4. Signed Ordinance 126894, 5. Affidavit of Publication

CITY OF SEATTLE

ORDINANCE __________________

COUNCIL BILL __________________

title

AN ORDINANCE relating to acceptance of funding from non-City sources; authorizing the General Manager and CEO of Seattle Public Utilities to accept specified loans to partially finance costs related to the construction of the South Thornton Natural Drainage System Project; and ratifying and confirming certain prior acts.

body

WHEREAS, President Joe Biden on November 15, 2021 signed into law the Infrastructure Investment and Jobs Act; and

WHEREAS, the Washington Department of Ecology (Ecology) was allocated approximately $41.3 million under that law in 2024 to support clean water projects; and

WHEREAS, Ecology is making funds available to Seattle Public Utilities (SPU) for the South Thornton Creek Natural Drainage Systems Project and SPU determined it is in the ratepayers’ interest to accept those funds; NOW, THEREFORE,

BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:

Section 1. The General Manager and Chief Executive Officer of Seattle Public Utilities, or designee, is authorized to execute, for and on behalf of The City of Seattle, FY2024 Stormwater Financial Assistance Program Agreement No. WQC-2024-SeaPUD-00059 with the Washington State Department of Ecology, for a loan in the amount of $8,918,804 and a loan in the amount of $2,972,935.

Section 2. Any act consistent with the authority of this ordinance taken after its passage and prior to its effective date is ratified and confirmed.

 

Section 3. This ordinance shall take effect and be in force 30 days after its approval by the Mayor, but if not approved and returned by the Mayor within ten days after presentation, it shall take effect as provided by Seattle Municipal Code Section 1.04.020.

Passed by the City Council the ________ day of _________________________, 2023, and signed by me in open session in authentication of its passage this ________ day of _________________________, 2023.

_________________________________

President ____________ of the City Council

                     Approved /                     returned unsigned /                     vetoed this _____ day of _________________, 2023.

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Bruce A. Harrell, Mayor

Filed by me this ________ day of _________________________, 2023.

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Scheereen Dedman, City Clerk

(Seal)