Minutes 07/11/2017 - Laserfiche WebLink

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July 11, 2017 Financial Impact:  The FY2018 CIP appropriates $731,000 for the new Portside project funding through the use of general obligation bonds. Acceptance of this grant will reduce the need to issue debt.  The Aid to Local Ports Grant requires a 25% local match to use the funds. The city will be required to expend $36,550 in local funds to accept the grant. The match funds have been previously appropriated. Recommended Action:  Adoption of the ordinance. Next Steps Following Council Action:  The Finance Department will make the necessary budget adjustments. In addition, the Engineering Department will continue with the development of the plans for the new Portside project. 1. Mark Geduldig-Yatrofsky, P. O. Box 50141, spoke in opposition to this item. Motion by Ms. Psimas, and seconded by Mr. Moody, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE ACCEPTING A GRANT IN THE AMOUNT OF $109,650 FROM THE PORT OF VIRGINIA AID TO LOCAL PORTS PROGRAM AND APPROPRIATING SAID AMOUNT IN THE MUNICIPAL FACILITIES CATEGORY OF THE FY 2018 CAPITAL IMPROVEMENT FUND FOR THE PORTSIDE PROJECT.” Ayes: Cherry, Clark, Lucas-Burke, Moody, Psimas, Rowe Nays: Whitaker 17 - 296 - Adoption of an ordinance accepting $381,207 from the Stormwater Local Assistance Fund administered by the Virginia Department of Environmental Quality and appropriating said amount in the stormwater category of the FY 2018 Capital Improvement Fund for water quality projects. Background:  The Virginia Department of Environmental Quality (DEQ) provides funding for local water quality projects through the Stormwater Local Assistance Fund (SLAF).  The city of Portsmouth is required to implement water quality projects as part of the permit for its municipal separate storm sewer system (MS4).  The Stormwater CIP, specifically VPDES Permit Compliance, provides funds to address MS4 permit related requirements. Discussion:  MS4 permits require localities to provide DEQ with a list of potential water quality projects. Portsmouth is required to implement a minimum of 3 water quality projects during this permit cycle.  Portsmouth submitted three water quality projects – Victory Boulevard near TCC, Simonsdale (Beaton Drive and Sykes Ave) and the Offsite Churchland Bridge Stormwater Compliance (Park Manor) – for this round of SLAF grants.  The city was awarded $381,207 for the 3 projects.  The funds from this grant will go towards the construction of these water quality projects to meet MS4 permit requirements. Financial Impact:  SLAF grants require a 50% local match. The SLAF grant award represents 50% of the project cost.  Matching funds are available in the VPDES Permit Compliance line in the Stormwater CIP. Acceptance of the SLAF grant funds will allow for the expenditure of city funds on other MS4 permit requirements.