Amador County – The Amador Water Agency board of directors Tuesday tabled a discussion of conditions it would need to get a federal loan for a “Gravity Supply Line.” They sought more detail from staff on conditions it must meet to get a USDA grant $5 million grant and a $7 million loan, and set an October 7th workshop on the USDA conditions list. Engineer Erik Christeson said it would take less than $70,000 in additional work to get the bids in hand and get to the point where the board could decide whether it wanted to move forward with the GSL. Director Don Cooper said he thought all 17 “of these items need to be in sync for us to go out and spend $319,000 to get this loan.” The estimated totals did not include the costs needed after approval by USDA. The AWA in March approved staff work to prepare for the USDA conditions. One item on the March list was to “develop financial information” and share it with Central Amador Water Project service districts for “concurrence.” David Evitt, who led a Proposition 218 protest to stop a recent rate increase in CAWP retail, asked if the financial plan numbers would be the same as that of the rejected plan. Cooper said the defeated rate increase was designed to aggressively take CAWP retail operations out of the red and into the black in two years. He said they “could come back with a different financial plan,” less aggressive, to make it balance in 8 or 10 years. He said “the USDA is asking for proof we can pay that long-term loan.” Director Terence Moore said it was an important project and he would “like to have it noticed properly before we vote on whether to move forward.” He said he was more comfortable postponing it, and would like to go through the list once and “do it right.”. President Bill Condrashoff said an accompanying staff report was “something quite different than what we asked for.” He said he wanted to discuss costs, so that “unless we can do all of them, we don’t want to do any of them.” Cooper said he “wouldn’t mind rescheduling a separate workshop, so people can understand the costs involved here.” Condrashoff said: “If it’s in print, people will understand it.” Agency Attorney Steve Kronick said the 17 USDA conditions were covered in the list of 8 things the board authorized for staff action March 25th. The board in March directed staff to work to put the GSL out to bid “as soon as possible.” Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.
Wednesday, 08 September 2010 06:45
AWA workshop to delve conditions to meet, get $5M GSL grant
Written by Tom-
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Amador County – The Amador Water Agency board of directors Tuesday tabled a discussion of conditions it would need to get a federal loan for a “Gravity Supply Line.” They sought more detail from staff on conditions it must meet to get a USDA grant $5 million grant and a $7 million loan, and set an October 7th workshop on the USDA conditions list. Engineer Erik Christeson said it would take less than $70,000 in additional work to get the bids in hand and get to the point where the board could decide whether it wanted to move forward with the GSL. Director Don Cooper said he thought all 17 “of these items need to be in sync for us to go out and spend $319,000 to get this loan.” The estimated totals did not include the costs needed after approval by USDA. The AWA in March approved staff work to prepare for the USDA conditions. One item on the March list was to “develop financial information” and share it with Central Amador Water Project service districts for “concurrence.” David Evitt, who led a Proposition 218 protest to stop a recent rate increase in CAWP retail, asked if the financial plan numbers would be the same as that of the rejected plan. Cooper said the defeated rate increase was designed to aggressively take CAWP retail operations out of the red and into the black in two years. He said they “could come back with a different financial plan,” less aggressive, to make it balance in 8 or 10 years. He said “the USDA is asking for proof we can pay that long-term loan.” Director Terence Moore said it was an important project and he would “like to have it noticed properly before we vote on whether to move forward.” He said he was more comfortable postponing it, and would like to go through the list once and “do it right.”. President Bill Condrashoff said an accompanying staff report was “something quite different than what we asked for.” He said he wanted to discuss costs, so that “unless we can do all of them, we don’t want to do any of them.” Cooper said he “wouldn’t mind rescheduling a separate workshop, so people can understand the costs involved here.” Condrashoff said: “If it’s in print, people will understand it.” Agency Attorney Steve Kronick said the 17 USDA conditions were covered in the list of 8 things the board authorized for staff action March 25th. The board in March directed staff to work to put the GSL out to bid “as soon as possible.” Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.
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