San Diego

City Council

January 24, 2023 Item #51

Agenda Item 51

Item 51: Drinking Water State Revolving Fund Loan for Lakeside Valve Station\nReplacement.\nTotal Estimated Cost of Proposed Action and Funding Source:\nSee Staff Report for fiscal considerations.\nCouncil District(s) Affected: Outside of City limits.\nProposed Actions:\nAdopt the following Ordinance which was introduced on 1/9/2023, Item 202 (Council\nvoted 8-0, Councilmember Campbell-not present):\n(O-2023-97 Cor. Copy) (Rev. 1/20/23)\nOrdinance authorizing financing from the State Water Resources Control Board in a\nprincipal amount that is currently expected not-to-exceed $55 million through the\nDrinking Water State Revolving Fund and related actions in connection with the Lakeside\nValve Station Replacement.\n6 votes required pursuant to Charter Section 99.\nCommittee Actions Taken:\nThis item was heard at the Budget and Government Efficiency Committee meeting on\nDecember 7, 2022.\nACTION: Motion by Chair Cate, second by Vice Chair Elo-Rivera, to recommend\nCouncil approval of staff's proposed actions.\nVOTE: 3-0; Cate-yea, Elo-Rivera-yea, Moreno-yea, Montgomery Steppe-not present.\nDebt Management: Allison Falkenstein, (619) 533-4516\nCity Attorney Contact: Bret A. Bartolotta