San Diego

City Council

November 12, 2024 Item #56

Agenda Item 56

Item 56: Drinking Water State Revolving Fund Loan to the City of San Diego’s Water System\nfor the Lead Service Line Inventory and Investigation Project.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThe estimated amount of the loan is reasonably expected not to exceed $8 million, which\nwill be repaid by the Water Utility Fund over a 10-year period at 0% interest. See Fiscal\nConsiderations section in staff report.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\nAdopt the following Ordinance which was introduced on 10/29/2024, Item S500,\n(Council voted 8-0, Councilmember Campbell-not present):\n(O-2025-4)\nOrdinance authorizing the Mayor or designee to implement a Drinking Water State\nRevolving Fund Loan in an amount reasonably expected not to exceed $8 million to\nfacilitate the funding of the Lead Service Line Inventory and Investigation Project.\n6 votes required pursuant to Charter Section 99.\nCommittee Actions Taken:\nThis item was heard at the Budget and Government Efficiency Committee meeting on\nOctober 16, 2024.\nACTION: Motion by Chair Lee, second by Committee member Moreno, to recommend\nCouncil approval of staff’s proposed actions.\nVOTE: 3-0; Foster III-yea, Lee-yea, Moreno-yea, LaCava-not present.\nDebt Management: Allison Falkenstein, (619) 533-4516\nCity Attorney Contact: Bret A. Bartolotta