File #: 22-1682    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 9/26/2022 In control: City Council
On agenda: 10/18/2022 Final action: 10/25/2022
Title: Ordinance authorizing an amendment in the amount of $1,801,799.00 to the Wastewater Lift Station, Gravity, and Force Main Line Construction and Reimbursement Agreement with The Mostaghasi Investment Trust, DBA Sun George Contracting Company, to construct the Wastewater Lift Station for River Ridge Unit 4; transferring $39,694.18 from the Wastewater Collection Line Trust Fund, $163,925.70 from the Water Distribution Main Trust Fund, and $615,966.67 from the Water Arterial Transmission & Grid Main Trust Fund to the Wastewater Trunk System Trust Fund; authorizing appropriation of $1,609,387.00 from the Wastewater Trunk System Trust Fund and transferring future revenues in the amount of $192,412.00 to reimburse the developer per the amended agreement. (District 1) (Requires 2/3 Vote)
Sponsors: Development Services
Attachments: 1. Agenda Memo - Amendment Reimbursment Agreement River Ridge Unit 4, 2. Ordinance River Ridge Unit 4 Reimbursement Agreement, 3. Presentation without notes-Amendment River Ridge Unit 4, 4. Map - River Ridge 4 Location

title

Ordinance authorizing an amendment in the amount of $1,801,799.00 to the Wastewater Lift Station, Gravity, and Force Main Line Construction and Reimbursement Agreement with The Mostaghasi Investment Trust, DBA Sun George Contracting Company, to construct the Wastewater Lift Station for River Ridge Unit 4; transferring $39,694.18 from the Wastewater Collection Line Trust Fund, $163,925.70 from the Water Distribution Main Trust Fund, and $615,966.67 from the Water Arterial Transmission & Grid Main Trust Fund to the Wastewater Trunk System Trust Fund; authorizing appropriation of $1,609,387.00  from the Wastewater Trunk System Trust Fund and transferring future revenues in the amount of $192,412.00 to reimburse the developer per the amended agreement. (District 1) (Requires 2/3 Vote)