File #: 25-291    Version: 1 Name:
Type: Resolution Status: Passed
File created: 7/2/2025 In control: Public Works Committee
On agenda: Final action: 8/11/2025
Title: AUTHORIZING ACCEPTANCE OF A BIPARTISAN INFRASTRUCTURE LAW GRANT AND APPROVAL TO ACCESS ZERO PERCENT INTEREST LOANS FROM THE ENVIRONMENTAL FACILITIES CORPORATION REGARDING THE WATER PURIFICATION DISTRICT’S SLUDGE PROCESSING IMPROVEMENT PROJECT
Sponsors: Public Works Committee
Attachments: 1. 2025.07.02_Gaudio_Cunningham_EFC Grant Authorization, 2. RLA Form 6679, 3. EFC Notification Letter Project C4-5419-06-00, 4. WPD-2025-2029-Capital Plan, 5. Res 212of 2024_2024-2029Capital Program, 6. Bond Res 371 and 304 with Estoppel, 7. Debt Service Estimate_SludgeProject, 8. 25-291 PW 8 - TMP 6679 - WPD EFC grant and 0% loan

RESOLUTION NO. 291

 

AUTHORIZING ACCEPTANCE OF A BIPARTISAN INFRASTRUCTURE LAW GRANT AND APPROVAL TO ACCESS ZERO PERCENT INTEREST LOANS FROM THE ENVIRONMENTAL FACILITIES CORPORATION REGARDING THE WATER PURIFICATION DISTRICT’S SLUDGE PROCESSING IMPROVEMENT PROJECT

                     

Introduced: 8/11/25

                     By Public Works Committee:

                     

                     WHEREAS, The Executive Director of the Water Purification District has requested authorization to accept a $25,000,000 grant from the Environmental Facilities Corporation to offset costs associated with the District’s Sludge Processing Improvement Project, and

 

                     WHEREAS, The Executive Director has also requested authorization to access up to $25,000,000 in additional interest-free financing from the Environmental Facilities Corporation regarding the District’s Sludge Processing Improvement Project, and

 

WHEREAS, The grant and loan will be used to cover the estimate $65,000,000 cost of the Districts Sludge Processing Improvement Project as approved in the 2025-2029 Albany County Capital Program, now, therefore, be it

                     

                     RESOLVED, By the Albany County Legislature that the County Executive is authorized to accept a $25,000,000 grant and to access up $25,000,000 in interest-free financing from the Environmental Facilities Corporation regarding the Water Purification District’s Sludge Processing Improvement Project, and, be it further

 

                     RESOLVED, That the County Attorney is authorized to approve said grant and loan agreements as to form and content, and, be it further

 

                     RESOLVED, That the Clerk of the County Legislature is directed to forward certified copies of this resolution to the appropriate County Officials.