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HomeMy WebLinkAboutOCSD 07-12\ RESOLUTION NO. OCSD 07-12 DECLARATION OF OFFICIAL INTENT TO REIMBURSE CERTAIN OF THE DISTRICT'S CAPITAL RESERVE FUNDS FOR EXPENDITURES MADE IN ADVANCE FOR FISCAL YEAR 2006-07 AND FISCAL YEAR 2007-08 CAPITAL IMPROVEMENT PROJECTS FROM PROCEEDS OF A FUTURE LONG-TERM FINANCING A RESOLUTION OF THE BOARD OF DIRECTORS OF ORANGE COUNTY SANITATION DISTRICT AUTHORIZING FUTURE CAPITAL EXPENDITURES TO BE REIMBURSED FROM FUTURE LONG-TERM FINANCING WHEREAS, the Board of Directors, by adoption of Resolution No. 94-81 on July 13, 1994; Resolution No. 97-28 on July 30, 1997; Resolution No. OCSD 98-32 on July 1, 1998; Resolution No. OCSD 99-08 on June 23, 1999; Resolution No. 00-15 on July 19, 2000; Resolution No. OCSD 01-17 on August 22, 2001; Resolution No. OCSD 02-20 on October 23, 2002; and Resolution No. OCSD 05-28 on December 21, 2005 previously declared its official intent to reimburse its then existing capital reserve funds and accounts for certain expenditures made in advance of and in anticipation of issuing indebtedness for capital improvements to be acquired, constructed, or paid for, by or on behalf of the District during the Fiscal Year; and, WHEREAS, the District ("Issuer") intends to acquire and/or construct, or otherwise improve, certain capital improvements during Fiscal Year 2006-07 and Fiscal Year 2007-08, and later, all as more particularly described on Exhibit "A", attached hereto and incorporated herein by reference (the "Project"); and, WHEREAS, Issuer expects to pay certain expenditures (the "Reimbursement Expenditures") in connection with the Project prior to the issuance of indebtedness for the purpose of financing costs associated with the Project, on a long-term basis; and, WHEREAS, the Issuer reasonably expects that the debt obligations, in an amount not to exceed $300 million, will be issued, and that certain of the proceeds of such debt obligations will be used to reimburse the Issuer for Reimbursement Expenditures. NOW, THEREFORE, the Board of Directors of Orange County Sanitation District, DOES HEREBY RESOLVE, DETERMINE AND ORDER: Section 1: That the Issuer finds and determines that the foregoing Recitals are true and correct. Section 2: That this Declaration is made solely for purposes of establishing compliance with the requirements of Section 1.150-2 of the U.S. Treasury Regulations. This Resolution Declaration does not bind the Issuer to make any expenditure, incur any indebtedness, or proceed with the Project. Section 3: That the Issuer hereby declares its official intent to use proceeds of indebtedness to reimburse itself for the Reimbursement Expenditures. PASSED AND ADOPTED at a regular meeting of the Board of Directors held June 27, 2007. c~ ATTEST: c~~~¢ . , r _, . .../. f· / /(' \.. _,. Exhibit A Orange County Sanitation District Capital Improvement Program Project Total 2006-07 2007-08 Project Phase Project Cashflow Cashflow Number 7/1/06 Budget Budget Budget Collections Raitt and Bristol Street Sewer Extension 01-101 Planning 5,342,000 164,000 622,000 Santa Ana Trunk Sewer Rehab. 01-17 Planning 18,432,000 298,000 2,038,000 Carbon Cnyn Sewer and Pump Sin. Abandonment 02-24-1 Design 8,318,000 363,000 6,712,000 Santa Ana River Interceptor Realignment and Pro!. 02-41 Design 9,583,000 467,000 492,000 Santa Ana River Interceptor 2005 Emergency Repairs 02-41-4 Const.II mp I. 3,767,000 269,000 Santa Ana River Interceptor 2006 Protection Repairs 02-41-5 Planning 3,348,000 3,348,000 Taft Branch Improvements 02-49 Planning 979,000 20,000 Euclid Relief Improvements -Reach "A" 02-52 Planning 23,050,000 224,000 Newhope-Placentia & Cypress Trunk Replacements 02-65 Planning 6,623,000 128,000 164,000 Rehabilitate District Siphons By Adding Air Jumper 02-68 Design 5,267,000 353,000 197,000 Fullerton-Brea Interceptor Sewer Relief 02-71 Planning 855,000 29,000 Rehabilitation of the Westside Pump Station 03-52 Design 8,291,000 445,000 1,015,000 Westside Relief Interceptor/ Los Alamitos MH Rehab 03-55 Planning 11,704,000 Rehabilitation of Magnolia Trunk Sewer 03-58 Planning 28,806,000 40,000 1,107,000 Miller-Holder Trunk Sewer Relief 03-59 Planning 9,412,000 Beach Trunk/Knott Interceptor Sewer Relief 03-60 Planning 17,815,000 Balboa Trunk Sewer Rehabilitation 05-47 Planning 7,873,000 55,000 373,000 Replacement of the Bitter Point Pump Station 05-49 Design 34,079,000 734,000 529,000 Replacement of the Rocky Point Pump Station 05-50 Design 30,952,000 2,003,000 1,780,000 Rehabilitation of the 14th Street Pump Station 05-51 Const./lmpl. 9,673,000 1,216,000 Rehabilitation of the "A" Street Pump Station 05-52 Const./lmpl. 9,657,000 960,000 Rehabilitation of the Bay Bridge Pump Station 05-53 Design 2,465,000 136,000 300,000 Bitter Point Force Main Rehabilitation 05-58 Design 22,775,000 6,000 28,000 Newport Force Main Condition Assessment 05-60 Planning 650,000 340,000 310,000 Bayside Drive Improvement 05-61 Planning 2,875,000 235,000 355,000 Realign & Rehab of Big Canyon Offsite Trunk Sewer 05-62 Design 3,811,000 3,440,000 Dover Drive Trunk Sewer Relief 05-63 Planning 6,378,000 199,000 742,000 District 6 Trunk Sewer Relief 06-17 Planning 1,884,000 60,000 221,000 Fairview Road Trunk Sewer Relief 06-18 Planning 9,257,000 290,000 Sunflower Interceptor Manhole Rehab. 07-21 Design 3,294,000 933,000 Gisler Red Hill Trunk Sewer Relocation -Phase 1 07-32-1 Design 2,393,000 2,056,000 Gisler-Redhill System Improvements, Reach B 07-37 Design 11,763,000 689,000 6,461,000 Rehabilitation of College Ave. Pump Station 07-47 Planning 7,976,000 281,000 1,171,000 Browning Subtrunk Sewer Relief 07-60 Planning 3,605,000 112,000 Continued Page 1of5 Project Total 2006-07 2007-08 Project Phase Project Cashflow Cash flow Number 7/1/06 Budget Budget Budget Collections (Continued) County Island Annexation and CEQA Documentation 07-61 Planning 250,000 250,000 Von Karman Trunk Sewer Relief 07-62 Planning 328,000 Edinger/Bolsa Chica Trunk Improvements 11-25 Planning 4, 176,000 Coast Trunk Sewer Rehabilitation 11-26 Planning 10,950,000 412,000 688,000 Lake Avenue Interceptor Sewer Relief 11-31 Planning 4,225,000 130,000 491,000 OCTA Sewer Relocation Projects 15-01 Planning 397,000 96,000 North County Collections Yard 15-04 Planning 10,090,000 50,000 Manhole Rehabilitation and Assessment Program 15-05 Planning 1,540,000 700,000 840,000 Facilities Engineering Projects-Collections FE-Collect Planning 5,400,000 153,000 146,000 Replacement of the Ellis Ave. Pump Stn 1-10 Design 79,319,000 36,470,000 24,453,000 Bushard Trunk Sewer Rehabilitation 1-2-4 Const./lmpl. 69,456,000 30,891,000 7,188,000 Total Collections Projects 519 Q83QQQ BB.3ZQ QQQ 59.098 QQQ Headworks Headworks Rehab. and Expansion at Plant No. 1 P1-105 Planning 16,050,000 58,000 Headworks Rehabilitation/Refurbishment P1-71 Design 5,159,000 856,000 696,000 Headworks Improvements at Plant No. 2 P2-66 Const.llmpl. 257,762,000 29,641,000 74,538,000 Headworks Total 278,971 ,000 30,497,000 75,292,000 Primary Treatment Pri. Clarifiers 16-31 & Related Facilities P1-37 Const./lmpl. 90,927,000 5,967,000 Primary Treatment Rehab/Refurb P2-80 Planning 58,887,000 1,244,000 312,000 Primary Treatment Total 149,814,000 7,211,000 312,000 Secondary Treatment New Secondary Treatment System at Plant No. 1 P1-102 Design 265,846,000 7,542,000 51,078,000 Activated Sludge Plant Rehabilitation P1-82 Const./Jmpl. 47,013,000 18,521,000 5,999,000 Rehabilitation of Activated Sludge Plant at Plant 2 P2-74 Design 17,306,000 5,899,000 6,169,000 Trickling Filters at Plant No. 2 P2-90 Design 248,531,000 7,114,000 52,792,000 Oxygen Plant Rehabilitation SP-72-1 Planning 150,000 150,000 Secondary Treatment Total 578 18461000 39.2261000 11610381000 Page 2 of 5 Project Total 2006-07 2007-08 Project Phase Project Cashflow Cashflow Number 7/1/06 Budget Budget Budget Solids Handling & Digestion Sludge Digester Rehabilitation at Plant 1 P1-100 Design 54,916,000 1,992,000 1,553,000 Sludge Dewatering and Odor control at Plant 1 P1-101 Design 134,683,000 5,790,000 3,990,000 Truck Wash and Dewatering Beds at Plant No. 1 P1-106 Planning 4,361,000 303,000 3,150,000 Solids Storage and Truck Loading Facility P2-60 Const./lmpl. 15,822,000 920,000 Rehabilitation of Solids Storage Silos C & D at P2 P2-89 Planning 23,143,000 380,000 727,000 Plant No. 2 Primary Sludge Feed System Project P2-91 Design 22,487,000 1,119,000 13,988,000 Digester Rehabilitation at Plant No. 2 P2-91-1 Planning 33,411,000 1,176,000 1,600,000 Sludge Dewatering and Odor Control at Plant 2 P2-92 Planning 59,520,000 Replacement of Drying Beds and Truck Wash at Plant No. 2 P2-97 Planning 4,197,000 598,000 3,599,000 Digesters "F" and "G" Liner Replacement at Treatment Plant N· SP-117 Const./lmpl. 2,600,000 2,533,000 Solids Handling & Digestion Total 355.140.000 141811.000 2&16011000 Ocean Outfall Systems Effluent Pumping Station Annex J-77 Const./lmpl. 62,141,000 10,099,000 3,149,000 COBS Rehabilitation Assessment Study J-99 Planning 200,000 150,000 Ocean Outfall Systems Total 62.341.000 10.249.000 3.149.000 Utility Systems Arc Flash Hazard Evaluation J-100 Planning 160,000 110,000 lnterplant Gas Line Rehabilitation J-106 Design 3,172,000 2,444,000 343,000 Cable Tray Improvements at Plants 1 & 2 J-47 Design 29,899,000 2,819,000 66,000 Air Quality Improvements J-79 Const.llmpl. 7, 166,000 1,302,000 Central Generation Automation J-79-1 Design 13,558,000 729,000 2,448,000 Fire Suppression for Servers and Equip at P1 & P2 J-96 Design 921,000 664,000 Electrical Power Distribution System Improvements J-98 Planning 8,529,000 241,000 Plant 1 66kV Substation P1-97 Planning 13,487,000 2,482,000 10,015,000 Gas Compressor Building Upgrades at Plant No. 2 P2-79 Planning 7,640,000 743,000 4,822,000 Electrical Equipment Refurbishment and Protection SP-81 Design 4,410,000 3,009,000 548,000 Plant 1 Plant Water VFD Replacement SP-94 Const./lmpl. 1,286,000 206,000 Utility Systems Total 90 12281000 1415081000 18.483.000 Page 3 of 5 Project Total 2006-07 2007-08 Project Phase Project Cashflow Cashflow Number 7/1/06 Budget Budget Budget Odor Control Related Projects Rehabilitation of Odor Control Facilities J-71-8 Design 44,137,000 1,094,000 5,000 Digester Gas Building Odor Control Project P1-110 Planning 100,000 98,000 Odor Control for New Solids Truck Loading Station P2-95 Planning 150,000 150,000 Odor Control Related Projects Total 44.387.000 1.342.000 s.ooo Process Related Special Projects Plant O&M Manual & SOP Project -Phase I SP-53 Planning 4,000,000 1,200,000 1,200,000 Corrosion Management SP-68-1 Design 4,667,000 1,000,000 1,000,000 Special Projects: Anaerobic Baffled Reactor (ABR) SP-90-2 Const./lmpl. 455,000 200,000 105,000 Special Projects: Biotrickling Filter (BTF) SP-90-7 Const./lmpl. 850,000 30,000 10,000 Process Related Special Projects Total 91972.000 2.430.000 2131s1000 Plant Automation & Computerization SCADA Historian Replacement J-103 Design 558,000 172,000 210,000 Time Entry System J-104 Planning 310,000 176,000 Power Monitoring and Control Systems J-33-3 Planning 6,766,000 1,189,000 4,227,000 Fats, Oils, and Grease (FOG) Software P1-108 Design 100,000 40,000 Strategic Information Architecture (SIA) SP-03 Const./lmpl. 1,995,000 600,000 Internet/Intranet Development SP-09 Const./lmpl. 650,000 90,000 CMMS System Replacement SP-100 Planning 3,789,000 1,350,000 2,387,000 PDS2D Software Replacement SP-103 Planning 250,000 Environmental Compliance Awareness Program SP-104 Planning 1,183,000 853,000 Disaster Recovery SP-111 Planning 21,000 2,000 Geographic Information System SP-15 Const./lmpl. 4,157,000 695,000 410,000 Network Equipment Upgrade SP-89 Planning 2,804,000 611,000 599,000 Plant Automation & Computerization Total 22 15831000 5 1778 1000 718331000 Miscellaneous & Support Projects Facilities Engineering Projects -Joint FE-J Planning 18,200,000 482,000 441,000 Facilities Engineering Projects -Plant 1 FE-P1 Planning 18,200,000 702,000 754,000 Facilities Engineering Projects -Plant 2 FE-P2 Planning 18,200,000 445,000 423,000 Laboratory Rehabilitation J-88 Design 1,652,000 164,000 Continued Page 4 of 5 Project Total 2006-07 2007-08 Project Phase Project Cashflow Cashflow Number 7/1/06 Budget Budget Budget Miscellaneous & Support Projects (Continued) Laboratory Refurbishment at Plant No. 1 J-97 Planning 535,000 374,000 Regional FOG Control Collection at Plant No. 1 P1-104 Planning 3,150,000 137,000 Plant No. 2 Landscaping Project P2-96 Planning 440,000 300,000 Control Center Space Allocation Study SP-118 Planning 60,000 60,000 Small Cap. Equip. Replacement Project SP-34 Const.limp!. 3,250,000 500,000 Asset Management Program SP-68-2 Design 5,100,000 750,000 750,000 Warehouse Reinvention Project SP-77 Const.limp!. 600,000 168,000 118,000 Plant 2 Maintenance Building Modifications SP-98 Design 522,000 210,000 151,000 Miscellaneous & Support Projects Total 6919091000 411551000 21774.000 Water Management Projects Groundwater Replenishment System J-36 Const.limp!. 248,551,000 45,198,000 22,698,000 Water Management Projects Total 24815511000 45,1981000 2216981000 Strategic & Master Planning Treatment Plant Strategic Plan Update J-102 Planning 3,620,000 507,000 530,000 Orange County Biosolids Production Siting Study SP-105 Planning 500,000 150,000 150,000 Strategic & Master Planning Total 41120,000 6571000 6801000 Research & Development USBR Brine Management Grant Project SP-116 Planning 100,000 50,000 Research & Development Total 1001000 501000 Total Treatment and Disposal Projects 1 ,914,962,000 176, 112,000 278, 186,000 Capital Equipment Purchases 16.606.200 11606.200 1.5341100 Total Collection, Treatment and Disposal Projects 2.~5Q,§5j .2QQ 2§6.Q!l!l.2QQ 3311.!!j !l,j QQ Page 5 of 5