City Council

Item S500: Drinking Water State Revolving Fund Loan to the City of San Diego’s\nWater System for the Lead Service Line Inventory and Investigation\nProject. (Added 10/23/24)\nThis item will be considered in the morning session which is scheduled\nto begin at 10:00 a.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThe estimated amount of the loan is reasonably expected not to exceed $8\nmillion, which will be repaid by the Water Utility Fund over a 10 year period at\n0% interest. See Fiscal Considerations section in staff report.\nCouncil District(s) Affected: Citywide.\nProposed Actions:\n(O-2025-4)\nIntroduction of an Ordinance authorizing the Mayor or designee to\nimplement a Drinking Water State Revolving Fund Loan in an amount\nreasonably expected not to exceed $8 million to facilitate the funding of the\nLead 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\nmeeting on October 16, 2024.\nACTION: Motion by Chair Lee, second by Committee member Moreno, to\nrecommend Council 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