Loading...
HomeMy WebLinkAboutContracts & Agreements_7-2010_CCv0001.pdf Vollev Ball Ch Mayor Gilbreath presented a Commendation to the Redlands East Valley High School Volley Girls Volley Ball Te arn for wrinning the CIF Southern Section Division 11 Championship for the third year in a row. CONSENT CALENDAR Minutes - On motion of Mayor Pro Tem Bean, seconded by Councitmember Gallagher, the City Council unanimously approved the minutes of the regular meeting of December 15, 2009, and the special meetings of December 18, 2009 and December 21, 2009 as submitted. Waiver and Release of Claims - On motion of Mayor Pro Tern Bean, seconded by Councilmember Gallagher, the City Council unanimously approved the agreement with Walmart Stores, Inc. regarding the California Environmental Quality Act. Lease Disclosure - On motion of Mayor Pro Tem Bean, seconded by Councilmember Gallagher, the City Council unani mously agreed to receive Mayor Gilbreeth's disclosure of her leasehold interest for property located at I East State Street. - n"Ain 1 ibr&-v Board of Trustees Rennn-i- er t On motion of Mayor Pro Tem Bean, seconded by Councilmember Gallagher,,the City Council unanimously agreed to reappoint William Hardy Jr. to the Library Board of Trustees. RecreationAdvisorymission CoComm;ssi LA ppointtnqnt - On motion of Mayor Pro Tem Bean. seconded by Councilmember Gallagher. the City Councilus' unanimo ty agreed to appoint David C. Baer, 1I to senre the remainder of an unexpired to ending June 30, 21011. bele of Claims - On motion of Mayor Pro Tem Bean, seconded by Councilmember Gallagher, the City Council unanimously agreed to approve the "Release of all Claims" settlement in the action filed on the San Bernardino Superior Court entitled Stacy Knox v. City of Redlands William Hoyt and Does I to 10 inclusive, Case no. CIVDS 903 710. Release of Claim - On motion of Mayor Pro Tem Bean, seconded by Councilmember Gallagher, the City Council unanimously agreed to approve the "Settlement Agreement and Release of all Claims" between the City of Redlands and Occidental Chemical Corporation. RsoS!gLMLafar rove e - On motion of Mayor Pro Tem Bean, seconded by Councilmember Gallagher, the City Council unanimously agreed to approve the standard agreement amendment with the State Water Resources Control Board relating to recycled water improvements at the Water Treatment Plant. January 19,2010 Paget State Water Resources Control Board Lancia S.Adams Division of Financial Assistance Secreta or 1001 1 Street,Sacramento,California 95814 P.O.Box 944212,Sacramento,California 94244-21X3 Arnold Schwarzenegger Protection ProtectioGovernor (916)341-5100 + FAx(916)341-5707 ♦ http.r"twaterboards.ca.gov March 9, 2010 Mr. Pat Gilbreath Mayor City of Redlands 35 Cajon Street Redlands, CA 92373 Dear Mr. Gilbreath: CITY OF REDLANDS, AGREEMENT NO. 01-821-550-1, PROJECT NO. C-06-4800-110 Amendment No. 1 to your Finance Agreements was fully executed on March 8, 2010. Enclosed are copies of the executed Agreements for your files. If you have any questions, please contact me at (916) 341-5715 or by e-mail at ekawada@waterboards.ca.gov. Sincerely, Kr Eva Kawada Program Analyst Enclosure California Environmental Protection Agency Cel' Recycled Paper STATE OF CALIFORNIA STANDARD AGREEMENT STD.213(Rev 12143) X CHECK HERE IF ADDITIONAL PAGES ARE ATTACHED itim AGREEMENT NUMBER 01-821-660-1 PROJECT NUMBER: C-06-4800-110 AMENDMENT NUMBER 1 1. This Agreement is entered into between the State Agency and the Contractor named below:. STATE AGENCY NAME (Hereafier referred to as"SWRCS" State Water Resources Control Board CONTRACTOR'S NAME (1`10068fter referred to as"Agency"or"GontracW) City of Redlands 2. The term of this Agreement is: April 19, 2002 through November 20, 2024 3. The maximum amount $ 7,851,084 of this Agreement is: Seven Million Eight Hundred fifty One Thousand Eight Four Dollars 4. The parties agree to comply with the terms and conditions of the following exhibits which are by this reference made ,a_part of theAgreement: Changes made in this amendment are shown as:Teat additions are displayed in bold and underline.Text deletions are displayed as strike through text(i.e.,Strike). Exhibit A–Scope of Work(8 pages attached) Exhibit 8–Budget Detail and Payment Provisions(5 pages attached) Exhibit I–SRF Payment Schedule(2 pages attached) All other terms and conditions shalt remain the same. IN WITNESS WHEREQF,dtis A re�ment has teen exec b rtie$hereto. CONTRACTOR Approved as to form by COO TR ACTORS NAME(it other than an individual,state whether a cowration,partnership,etc.) Office of Chief Counsel Ci of Redlands BY(authorized Signatu o DATE SIGNED(Do not type) Date• 1 January 19, 2010 PRINTED NAME AND TITLE OF PERSON SIGNING AT Initials Rat Gilbreath, Mayor ADDRESS Sam `irwi ., City Clerk 35 Ca-ion Street—Redlands. CA 92373 STATE OF CALIFORNIA j j AGENCY NAME l State Water Resources Control bard i B (arsthcrrized Signature} l L}ATTIGD{tkr rant type} P EAI`# TITL Cif PE N SI NG arbor L L. Evoy, l e tt ` Ctor, i sion of Financial Assistan I I D 1001 1 Street, Sacramento, CA 95814 City ofRedlands Agreement No.: O1-821 4-S4 Proiect No.: C-OO-48OO-11O Page of EXHIBIT A--SCOPE OFWORK SECTION 1. PROJECT DESCRIPTION. The Project, commonk/ knuvvnamtheCityofRed|andmgenerg|lyconsisbGoftheconatructinnofmdvonced wastewater treatment facilities at the existing wastewater treatment p|mnt, as more particularly described in the financial assistance application of the Agency and the approved plans and specifications (see Exhibits Fand G) for the Project. SECTION 2. OFFICIAL REPRESENTATIVES. (1) The SVVRCBAssistance Coordinator shall bethe D4vNsi**-Qhie-f Deputy Director of the Division ofFinancial Assistance. (2) The SWRCB Assistance Coordinator shall be the SWRCB's representative for administration of the Agreement and shall have authority to make determinations and findings with respect to any controversy arising under or in connection with interpretation of this Agreement. (3) The Agency's Authorized Representative shall be the Utilities Director, or his/her designee, who shall administer the Agreement and who shall have full authority to act on behalf of the Agency, including authority to execute disbursement requests. All communications given to the Agency representative shall beosbinding osifgiven tothe Agency. (4) Either party may change its official representative upon written notice to the other party. SECTION 3. DEFINITIONS. "Additional Payments" means the Additional Payments described in Exhibit B Section 2.3(C) of this Agreement. "N|ovvanoo'' means mnamount based onapercentage ofthe accepted bid for aneligible project bzhe|p defray the planning, design, and construction engineering and administration costs of the Project. "Authorized Representative" means the Mayor of a City, the Chairperson of the County Board of Supervisors, the Chairperson of the Board of Directors of the Agency, or another duly appointed representative. For all authorized representatives, a certified original copy of the authorizing resolution that designates the authorized representative, bytitle, must accompany any contract, the first payment request, and any other documents or requests required or allowed under this Agreement. "Bank" means the California Infrastructure and Economic Development Bank. "Bonds" means any series ofbonds issued bvthe Bank all oroportion ofthe proceeds ofwhich may be applied tofund the Project invvho|e or in part or that are secured inwhole or|npart by Installment Payments paid hereunder, "Code" means the Internal Revenue Code of1S88, Bsamended, and any successor provisions and the regulations ofthe U.S. Department ofthe Treasury promulgated thereunder. "Completion of Construction" means the dabe, as determined by the Division after consultation with the Agency, that the work of building and erection of the Project is substantially complete. "CVV5RF^ means Clean Water State Revolving Fund, City ofRedlands Agreement No.: O1-821-550-Q1 ASAfroiectNo.: C-OG-48O0-110 Page of EXHIBIT A--SCOPE {}FWORK SECTION 1. PROJECT DESCRIPTION. The Project, :ommonlyknownaatheCdvofRedkaMdaQanena|k/coneists ofthe construction ofadvanced wastewater treatment facilities at the existing wastewater treatment plant, as more particularly described |nthe financial assistance application ofthe Agency and the approved plans and specifications (see Exhibits F and G)for the Project. SECTION 2. OFFICIAL REPRESENTATIVES. (1) The GVVRCBAssistance Coordinator shall bethe DiViSiG* Ghhef Deputy Director of the Division ofFinancial Assistance. (2) The SWRCB Assistance Coordinator shall be the SWRCB's representative for administration of the Agreement and shall have authority to make determinations and findings with respect to any controversy arising under or in connection with interpretation of this Agreement. (3) The Agency's Authorized Representative shall bethe Utilities Director, orhis/her designee, who shall administer the Agreement and who shall have full authority to act on behalf of the Agency, including authority to execute disbursement requests. All communications given to the Agency representative shall beasbinding aaifgiven hJthe Agency, (4) Either party may change its official representative upon written notice to the other party. SECTION 3. DEFINITIONS. "Additional Payments" means the Additional Payments described in Exhibit B Section 2.3(C) of this Agreement. "Allowance" means an amount based on a percentage of the accepted bid for an eligible projectbohe|p defray the planning, design, and construction engineering and administration costs of the Project. "Authorized Representative" means the Mayor of a City, the Chairperson of the County Board of Supervisors, the Chairperson of the Board of Directors of the Agency, or another duly appointed representative. For all authorized representatives, a certified original copy of the authorizing resolution that designates the authorized reppeoenbaUve, by title, must accompany any contract, the first payment request, and any other documents or requests required or allowed under this Agreement. "Bank" means the California Infrastructure and Economic Development Bank. "Bonds'' means any series ofbonds issued bythe Bank all oroportion ofthe proceeds ofwhich may be applied to fund the Project in whole or in part orthat are secured in whole or in part by Installment Payments paid hereunder, ^Code" means the Internal Revenue Code of1S88. as amended, and any successor provisions and the regulations of the U.S. Department of the Treasury promulgated thereunder, "Completion of Construction" means the date, as determined by the Division after consultation with the Agency, that the work of building and erection of the Project is substantially complete. "CVVSRF'' means Clean Water State Revolving Fund, City ofRedlands Agreement No.: O1-821-55U-A1 #SA Proiect No.: {}-Q8-48OO-11O . Page 3of8 EXHIBIT A--SCOPE C)FWORK reasonable, necessary and allocable by the Agency to the Project under generally accepted accounting phncip|eo, plus capitalized interest. "Project Funds" means funds disbursed by the SWRCB to the Agency for purposes of this Agreement. "Revenue Program" means a system of charges, fees, or other means of income production adopted by the Agency which provides for recovery ofappropriate capital costs ofthe Project, generatgs adequate income to reasonably assure repayment of the Obligation under this Agreement, generatesadequaha income toprovide for reasonable operation and maintenance ofthe Project, ond provides adequato income for reasonable future expansion and improvement ofthe Project. "Revenues" means, for each Fiscal Year, all gross income and revenue received or receivable by the Agency from the ownership oroperation ofthe System, determined inaccordance with generally accepted accounting principles, including all rates, fees and charges (including connection fees and charges) as received by the Agency for the services of the System, and all other income and revenue howsoever derived by the Agency from the ownership or operation of the System or arising from the System, and also including all income from the deposit or investment of any money in the Enterprise Fund or any rate stabilization fund, and any refundable deposits made to establish credit, and advances or contributions in aid of construction. "Service Installment Payment,the amounts of which are set forth as Exhibit 1,separate from principal and interest at the rate specified in Exhibit B. ^State" means State ofCalifornia. "System" means all wastewater collection, transport, treatment, storage and disposal facilities, including land and easements thereof, owned by the Agency, including the Project, and all other properties, structures or works hereafter acquired and constructed by the Agency and determined to be a part of the System, together with all additions, betterments, extensions or improvements to such facilities, properties, structures urworks orany part thereof hereafter acquired and constructed. "System Db|iymdona^ means all senior, parity and subordinate obligations of the Agency payable from Revenues as identified as of the date of this Agreement in Exhibit J and such additional obligations as may hereafter be issued in accordance with the provisions of such obligations. SECTION 4. GENERAL AGENCY COMMITMENTS. The Agency accepts and agrees to comply with all terrns, pruvisioDG, conditions, and commitments of this Aoneemnent, including all incorporated documents, and to fulfill all assurances, declarations, representations, and commitments made bythe Agency inits application, accompanying documents, and communications filed insupport ofits request for financial assistance, SECTION 5. COMPLETION (JFPROJECT, The Agency agrees to expeditiously proceed with and complete construction of the Project in substantial accordance with Project plans and specifications approved bythe SVVRCB. City ufRedlands Agreement No.: 01-821-550-G1 A&A ProiectNo.: C-06-48O0-11D Page 4of8 EXHIBIT A--SCOPE DFWORK SECTION 6. PROJECT CERTIFICATION. One year after initiation ofoperations, the Agency shall certify hothe GVVRCBwhether urnot the P ��ot aeofthsddate. rneetoapp|�ab|edeaignapeci5cobonoondefOuent |imibmUuns. |fUleAoencyoomnot'certify that the Project meets such specifications and limitations at that time, the Agency will, at its own expense and inatimely manner, expeditiously make all needed corrections and perform aUadditiona|work necessary bJallow affirmative certification for the Project. Failure tosubmit aDaffirmative certification within 15months, oracorrective action report that meets the above requirements and imsatisfactory tothe Division within 15 months ofthe Project Completion date will result in an interest penalty of the lesser of twelve percent(12%) per annurn or the highest rate permitted under law being assessed onthe outstanding balance due. SECTION 7. FEDERAL 0RSTATE ASSISTANCE. If federal or state funding for Project Costs is made available to the Agency from sources other than the CWSRF, the Agency may retain such funding up to an amount which equals the Agency's local share of Project Costs. To the extent allowed by requirements ofother funding oouncee, any funding received in excess of the Agency's local share, not to exceed the total amount of the CWSRF financing assistance, shall beremitted hothe 8VVRCBtobe applied toInstallment Payments due hereunder. SECTION 8. REVENUE PROGRAM. The Agency agrees bzprepare and provide mnacceptable final Revenue Program tnthe Division atthe time ofninety percent(SO96) disbursement ofProject Costs. Further disbursements may bewithheld until an acceptable final Revenue Program is submitted. The Agency further agrees to periodically review and modify the Revenue Program as necessary to assure reasonable adequacy of the Revenue Program. The final Revenue Program and all modifications thereof shall be consistent with applicable guidelines and shall be to the reasonable satisfaction of the Division. The Division may review the Agency's records to assure compliance with the approved Revenue Program at any time during the useful life of the Project. SECTION 9. USER CHARGE SYSTEM. The Agency shall adopt and maintain in effect a user charge system which at all times complies with the requirements of Section 204(b)(1) of the federal Clean Water Act and applicable federal and state rules, regulations and guidelines. SECTION 10. OPERATION AND MAINTENANCE; INSURANCE. The Agency agrees b} properly staff, operate and maintain all portions ofthe Project during its useful life in accordance with all applicable state and federal laws, rules and regulations. The Agency will procure and maintain orcause b) bemaintained insurance onthe System with responsible ineunmrs, oras part ofa reasonable system of self-insurance, in such amounts and against such risks (including damage hJordestruction ofthe System) as are usually covered inconnection with systems similar tothe System. Such insurance may be maintained by the maintenance of a self-insurance plan so long as any such plan provides for(i)the establishment by the Agency of a separate segregated self-insurance fund funded in an amount determined (initially and on at least an annual basis) by an independent insurance consultant experienced in the field of risk management employing accepted actuarial techniques and (ii) the establishment and maintenance of a claims processing and risk management program. City of Redland Agreement No.: O1-821-55O-A1 4SAProiectNo.: C-08-4800'110 Page 5of8 EXHIBIT A--SCOPE {}FWORK In the event of any damage to or destruction of the System caused by the perils covered by such insurance, the net proceeds thereof shall be applied tothe reconstruction, repair orreplacement ofthe damaged ordestroyed portion ofthe System. The Agency shall begin such reconstruction, repair or replacement as expeditiously as possible, and shall pay out of such net proceeds all costs and expenses in connection with such n000nmtruct|on, repair orreplacement mo that the same shall be completed and the System shall befree and clear ofall claims and liens. |fsuch net proceeds are insufficient Loenable the Agency bJpay all remaining unpaid principal portions ofthe Installment Payments, the Aoenuyshall provide addib0na|funds bJrestore or replace the damaged pn�ions0fthe System. ~ GECT|ON11. USEFUL LIFE DFPROJECT. For purposes of this Agreement, the parties agree that the useful life of the Project iootleast 2Uyears from and after Project Completion. SECTION 12. AWARD C)FCONSTRUCTION CONTRACTS; NOTIFICATION OFAWARD AND INITIATION 0FCONSTRUCTION. (A) The Agency agrees to award the prime construction contract within 180 days (six months) after issuance ofthe Agreement. Anextension may begranted bythe Division. (B) The Agency agrees to promptly notify the Division in writing both of the award of the prime construction contract for the Project andof|nihationofConstrucUonoftheProject. ThaAgenoy has established Nuvennber30. 2OO4aothe {�omp|edonof{�onstructiondate. The Aoencyagrees honnakeaUreasonable efhrdstoconnp|ebaconstruction insubstantial conformance -iththe terms ofthe contract bythis date. Such date shall bebinding upon the Agency unless modified in writing bythe Division upon ashowing ofgood cause bvthe Agency. Extension ofthe Completion ofConstruction date bythe Division shall not beunreasonably withheld. SECTION 13. CONSTRUCTION ACTIVITIES; NOTIFICATIONS; PROTECTION DF ARCHEOLOGICAL AND HISTORICAL RESOURCES, (A) The Agency agrees tnpromptly notify the Division inwriting of: (1) Any substantial change in scope of the Project. The Agency agrees that no substantial change inthe scope ofthe Project will beundertaken until written notice ofthe proposed change has been provided to the Division and the Division has given written approval for such change; (2) Cessation ofall major construcUonw0rkontheP jectwhepesuchceGsationofvvorkim expected to or does extend for aperiod of3Odays ormore; <3\ Any circumstance, combination of circumstances, or condition, which is expected toor does delay Completion of Construction for a period of 90 days or more beyond the estimated data of Completion of Construction previously provided to the Division; (4) Discovery of any potential archeological or historical resource, Should a potential archeological or historical resource be discovered during construction of the Project, the Agency agrees that all work in the area of the find will cease until a qualified archeologist has evaluated the situation and made recommendations regarding preservation ofthe resource, and the Division has determined what actions should be taken to protect and City ofRedlands Agreement No.: O1-821-55O-A1 #SA Proiect No.: C-06-4800-115 Page Sof8 EXHIBIT A--SCOPE OFWORK preserve the resource. The Agency agrees to implement appropriate actions as directed by the Division; and (5) Completion ofConstruction ufthe Project, andaotua| Project Completion. SECTION 14. PROJECT ACCESS. The Agency agrees to insure that the SWRCB, or any authorized representative thereof, will have suitable access tothe Project sibsataUreaoonab|etirngsdur\ngP jectconotructionandthen*aftarforthebarmof the Obligation. SECTION 15, PROJECT COMPLETION; INITIATION OFOPERATIONS. Upon Completion of Construction of the Project, the Agency agrees to expeditiously initiate Project operations, The Agency has established September 3O. 2OO4osthe estimated Project Con>p|eUondabs. The Agency agrees tomake all reasonable efforts tomeet the date auestablished. Such date shall be binding upon the Agency unless modified in writing by the Division upon a showing of good cause by the Agency. Extension of the Project Completion date by the Division shall not be unreasonably withheld. SECTION 16. WASTEWATER CAPITAL RESERVE FUND. The Agency agrees to establish and maintain a Wastewater Capital Reserve Fund (WCRF) for expansion, major nepair, or replacement ofthe wastewater facilities and to maintain the VVCRF for the term of the Agreement. TheVVCRF shall be maintained in compliance with the"Policy for Implementing The 8toha Revolving Fund for Construction of Wastewater Treatment Facilities" in effect at the time the Agreement is signed by the Authorized Representative of the Agency. The Agency agrees to submit a report on WCRF activities and status five (5) years after the date of the final revenue program approval by the Division. Updated WCRF reports will be submitted every five (5)years thereafter until all Installment Payments and ' Additional Payments hereunder have been fully discharged. Thereafter, the WCRF will no longer be subject to the requirements of this Agreement or the above referenced policy. Certification by legal counsel ofunused bonding capability for the wastewater enterprise may beused tVoffset required cash deposits tothe VVCRF. SECTION 17. CONTINUOUS USE {}FPROJECT; LEASE 0RDISPOSAL [>FPROJECT. The Agency agrees that, except as provided in the Agreement, it will not abandon, substantially discontinue use of. |eaoe, or dispose of the Project or any aigDificant part or portion thereof during the useful life of the Project without priorxVhtten approval of the Division. Such approval may be conditioned as determined to be appropriate by the [Jiv{si0n, including o condition requiring repayment ofall or any portion 0fall remaining funds covered by this Agreement together with accrued interest and any penalty assessments which may be due. SECTION 18. REPORTS. The Agency agrees bJexpeditiously provide, during construction ofthe Project andUlereafterdVhnQthe useful life of the Project, such reports, data, and information as may be reasonably required by the Oivision, including but not||rnib*d to material necessary or appropriate for evaluation of the CVV8RF Program or to fulfill any reporting requirements of the federal government. City ofRedlands Agreement No.: 01-821-550-01 4-SA Proiect No.: C-06-4800-115 Page 7of8 EXHIBIT A--SCOPE OFWORK SECTION 19, RECORDS. (A) Without limitation of the requirement to maintain Project accounts in accordance with generally accepted accounting principles the Agency agrees to: (1) Establish anofficial file for the Project vvhichshg|| gdgquatek/dooument all significant actions relative bJthe Project; (2) Establish separate accounts which will adequately and accurately depict all amounts received and expended onthe Project, inc|udingaUansistonmsfundsremeivedunderthis Agreement; (3) Establish separate accounts which will adequately depict all income received which is attributable to the Project, specifically including any income attributable to assistance funds disbursed under this Agreement; (4) Establish an accounting system which will accurately depict final total costs of the Project, including both direct and indirect costs; (5) Establish such accounts and maintain such records as may be necessary for the State to fulfill federal reporting nequirements, including any and all reporting requirements under federal tax statutes orregulations; and (G) If Account is used b the Agency for any phase ofthe Project, other than for planning, design and construction engineering, and administration provided for by allowance, accounts will be established which reasonably document all employee hours charged to the Project and the associated tasks performed by each employee. Indirect Force Account costs may be paid with prior written approval by the Division of the Agency's indirect cost proposal. (B) The Agency shall be required to maintain books, records, and other material relative to the Project inaccordance with generally accepted accounting standards. The Agency shall also berequired to retain such books, records, and other material for each subcontractor who performed work on this project for a minimum of thirty-six years after Project completion. The Agency shall require that such books, records, and other material shall be subject otall reasonable times toinspection, copying, and audit bythe SVVF\CB and bvstate auditors orany Project Representatives thereof. (C) The Agency shall retain its Project recondsforern|nimurnofthidy-sixyoaraafterPnojeot completion and for such longer period as may be required for the Gbahs to fulfill federal reporting requirements under federal tax statues and regulations. All Agency records relative h}the Project shall be subject atall reasonable times bJinspection, copying, and audit bvthe SVVRCBand state auditors orany Project Represenb8tivethereof. SECTION 20. FINAL PROJECT REPORTS; AUDIT. (A) Within 90 days after Project Completion, the Agency agrees to submit to the Division a final Project summary report which briefly describes the Project aacompleted. its features, estimated capacity, and apparent treatment capability. The report shall note any unusual operational problems that have been encountered and shall indicate whether the Agency expects to be able to certify that the Project rneetsapp||oab|edes|gnspecifioadonamndeOluentUmnhationsoMeyear after Project Connp|etiun, City ofRedlands Agreement No.: O1-821-5bO-AY 4S4 Proiect No.: C-O8-48OO-11O Page 8of8 EXHIBIT A--SCOPE DFWORK (B) Within 120days after Project Completion, the Agency agrees tnprovide b/the Division afinal cost summary report on the Project, The summary shall include aie nn|ninnurn, a statement of: (1) Total Project Costs; (2) Total Project C0stsvvhichare eligible for financing assistance under this Agreement; (3) The total amount ofassistance funds received; (4) The amount of interest earned, if any, on assistance funds before disbursement on account ofincurred Project costs. If no interest has been eerned, this fact shall be expressly stated. (5) The report shall beaccompanied bysuch other financial information asmay be reasonably required by the Division to verify Agency entitlement to financial assistance, to assure program integrity of the CWSRF Program, and to comply with any federal requirements. The report shall be certified as correct by a duly Authorized Representative nfthe Agency. (C) The Division, at its option, may call for an audit of financial information relative to the Project, where the Division determines that an audit is desirable to assure program integrity or where such anaudit becomes necessary because uffederal requirements. Where such mnaudit iscalled for, the audit shall be performed by a certified public accountant independent of the Agency and at the cost ofthe Agency. The audit shall beinthe form required bythe Division. (D) Audit disallowances will bereturned back tothe SVVRCB. SECTION 21. NOOBLIGATION {}FTHE STATE. Any obligation of the SWRCB herein contained shall not be an obligation, debt or liability of the State and any such obligation shall be payable solely out of the moneys in the CWSRF made available pursuant to this Agreement. City ofRedlands Agreement No.: 01-821-550-01 tSAProiect Nn.: C-O0-480O-11O Page 1uf5 EXHIBIT 8-- BUDGET DETAIL AND PAYMENT PROVISIONS SECTION 1. ESTIMATED COST OFPROJECT. The estimated reasonable cost of the total Project at the time of SWRCB Approval, including associated planning and design ooeta, iatwenty two million one hundred ninety five thousand four hundred forty seven dollars ($22,195,447). SECTION 2. ASSISTANCE AMOUNT AND FINANCING PROVISIONS. Section 2.1. Project Funds; Repayment fromInstallment Payments. Subject to the conditions and in accordance with the terms of this Agreement, the GVVRCBhereby agrees toprovide the Project FundoandtheAganoyherebyaQnseoto accept the Project Funds in the maximum principal component, of Seven Million Eight Hundred Fifty One Thousand Eighty Four dollars ($7,851,084) and to repay the Project Funds inInstallment Payments oteninterest rate oft*eone and one half percent (Z.5.04) per annum aoset forth inExhibits Band | attached hereto. The Agency also agrees to pay a Service Charge at the rate of one percent(11%) per annum as set forth in Exhibits B and I attached hereto. The Agency agrees that it shall not be entitled to interest earned on un-disbursed project funds. Upon execution of this =y.co/.mu, v.eovvnCo s//ax encumber an amount equal to the Obligation. The Agency hereby agrees to pay Installment Payments solely from Net Revenues and/or other amounts legally available hothe Agency. Interest and Service Charges onany funds disbursed tothe Agency shall begin toaccrue asofthe date ofeach disbursement. The combined rate on these charges shall be two and five tenths percent(2.5%) Pe annum as set forth in Exhibits B and I attached hereto. This rate is based on the sale of State General Obligation Bonds held on April 24, 2003, and is set when the Agreement is certified to the Agency. Section 2.2. Purchase and Sale ofProject, The Agency hereby sells tothe 8VVRC8and the GVVR(}Bhereby purchases from the Agency the Project. Simultaneously therewith, the Agency hereby purchases from the 8VVRCB. and the GVVRCBhereby sells tothe Agency, the Project inaccordnnoevviththe provisions ofthis Agreement. All right, title and interest inthe Project shmUimrnediate|y vest in the Agency on the date of execution and delivery of this Agreement without further action onthe part ofthe Agency orthe SVVRC8. Section 2.3. Amounts Payable bythe Agency. (A) Installment Payments. Repayment ofthe Project Funds, together with all interest accruing thereon, repaid in annual installments commencing onthe date that |s one year after Completion ofConstruction, and shall be fully amortized not later than 2Oyears after Completion ofConstruction. The repayment amoun Installment Payment imbased onastandard fully amortized assistance amount with equal annual repayments. The remaining balance is the previous balance, | the disbursements, p| the d interest and Service Charge on both. � City of Redland Agreement No.: O1-821-55D-Ai 4SAProiecit No.: C-OO-48OO-11U Page 2of5 EXHIBIT B-- BUDGET DETAIL AND PAYMENT PROVISIONS Upon Completion of Construction and submission of necessary reports, the Division will prepare an appropriate SRF Installment Sales Agreement Payment Schedule and supply the same tothe Agency. The SRF Installment Sales Agreement Payment Schedule may be amended as necessary to accurately reflect amounts due under this contract. Any amended SRF Installment Sales Agreement Payment Schedule which is necessary will beprepared bythe Division and furnished tothe Agency. The Agency agrees to make each installment payment on or before the due date therefor. A ten-day grace period will be allowed. A penalty in the amount of one-tenth of one percent(0.1%) of the amount due will be due for each day of nonpayment. For purposes of penalty assessment, repayment will be deemed to have been made if repayment is deposited in the U.S. Mail within the grace period with postage prepaid and properly addressed. Any penalties assessed will not be added to the assistance amount balance, but will be treated as a separate account and obligation of the Agency. The interest penalty will beassessed from the repayment due date, The Agency as a whole is obligated to make all payments required by this contract to the SVVRCB, notwithstanding any individual default by its constituents or others in the payment to the Agency of fees, charges, taxes, assessments, tolls or other charges ("Charges") levied or imposed by the Agency. The Agency shall provide for the punctual payment to the SWRCB of all amounts which become due under this contract and which are received from constituents or others in the payment to the Agency. In the event of failure, neglect or refusal of any officer of the Agency to levy or cause to be levied any Charge to provide payment by the Agency under this contract, to enforce or to collect such Charge, or to pay over to the SWRCB any money collected on account of such Charge necessary to satisfy any amount due under this contract, the SWRCB may take such action in a court of competent jurisdiction as it deems necessary to compel the performance of all duties relating to the imposition or levying and collection of any of such Charges and the payment of the money collected therefrom to the SWRCB. Action taken pursuant hereto shall not deprive the SVVRCBof, orlimit the application of, any other remedy provided by law orbythis contract. Attached aeExhibit | is aSRF Installment Sales Agreement Payment Schedule based on the provisions ofthis section and anestimated disbursement schedule. SRF Installment Sales Agreement Payment Schedule will be revised based on actual disbursements following Completion of Construction. Each Installment Payment shall be paid by check and in lawful money of the United States of America. (B) Project Costs, The AVencyagrees tupay any and all costs connected with the Project including, without limitation, any and all Project Cogts. |ftheProject Funds amenot sufficient t¢ pay the Project Costsinfu||. theAoencyshGUnnnethe|essuomnp|etethe Project and pay that portion ofthe Project Costs iDexcess ofavailable Project Funds. and shall not be entitled b3any reimbursement therefor from the SVVRCB. (C) Additional Payments, In addition to the Installment Payments required to be made by the Agency, the Agency shall also pay to the SWRCB the reasonable extraordinary fees and expenses ofthe SVVRCB. and ofany assignee ofthe SVVRCB'sright, title and interest in and b)this Agreement, in connection with this Agreement, including all expenses and fees of accountants, trustees, attorneys, litigation costs, insurance premiums and all other extraordinary costs reasonably incurred bythe SVVRCB orassignee ofthe SVVRCB, City ufRedlands Agreement No.: 01-821-550-01 #SA Proiect No.: C'O0-48OO-i1O Page 3of5 EXHIBIT B-- BUDGET DETAIL AND PAYMENT PROVISIONS Additional Payments shall bebilled buthe Agency bvthe SVVRCBfrom time totime, together with a statement executed by a duly authorized representative of the SWRCB, stating that the amounts billed pursuant to this section have been incurred by the SWRCB orits assignee for one ormore ofthe above items and acopy ofthe invoice orstatement for the amount ooincurred orpaid. Amounts gobilled shall bepaid bythe Agency within thirty(30) days after receipt ofthe bill bvthe Agency. (D) The Agency may without penalty prepay all orany portion ofthe outstanding principal amount ofthe Obligation provided that the Agency shall also pay atthe time ofsuch prepayment all accrued interest on the principal amount prepaid through the dohm of prepayment. Section 2.4. Obligation Absolute, The obligation ofthe Agency bzmake the Installment Payments and other payments required to be made by it under this Agreement, solely from Net Revenues, is absolute and unconditional, and until such time as the Installment Payments and Additional Payments have been paid in full, the Agency shall not discontinue or suspend any Installment Payments or other payments required to be made by it hereunder when due, whether or not the System or any part thereof is operating or operable orhas been completed, or its use iosuspended, interfered with, reduced or curtailed or terminated in whole or in part, and such Installment Payments and other payments shall not be subject to reduction whether by offset or otherwise and shall not be conditional upon the performance or nonperformance by any party of any agreement for any cause whatsoever. Section 2.5. Disbursement ofProject Funda; Avaiiabi|ityofFundo. (A) Except as may be otherwise provided in this Agreement, disbursement of Project Funds will bemade as follows: (1) Upon execution and delivery ofthis Agreement, the Agency may request immediate disbursement ofany incurred planning and design allowance ua specified inExhibit/\from the Project Fundsthroughaubmiasiontothe8VVRCB ofthe Disbursement Request Form 280. orany amendment thereto, duly completed and executed. (2) Additional Project Fundexvi|| baprompUydisburaedtotheAoancyuponnsmaiptof Disbursement Request Form 260, or any amendment thereto, duly completed and executed bythe Agency for incurred costs consistent with this Exhibit. Disbursement shall not bemade more frequently than once a month. The Agency agrees that/twill not request disbursement for any Project CostVnti| suohuost has been incurred and is currently due and payable bythe Agency, although the actual payment ofsuch cost bythe Agency i$ not required asscondition of disbursement request. Notwithstanding any other provision ofthis Agreement, no disbursement shall be required at any time or in any manner which is in violation of or in conflict with federal or state |avva, ru|em, or regulations. (B) The 8VVRCB'sobligation todisburse Project Funds |s contingent upon the availability of sufficient funds hlpermit the disbursements provided for herein, |fsufficient funds are not available for any reason, including but not limited to failure of the federal or State government to appropriate funds necessary for disbursement of Project Funds, the SWRCB shall not be obligated to make any disbursements to the Agency under this City of Redlands Agreement No,: 01-821-550-01 ASA Proiect No.: C-OU-48OO-11O Page 4of5 EXHIBIT B--BUDGET DETAIL AND PAYMENT PROVISIONS Agreement. This provision shall be construed as a condition precedent to the obligation of the 8VVPlCB to make any disbursements under this Agreement. Nothing in this Agreement shall be construed to provide the Agency with a right of priority for d--�bunsementover any other agency. |fany disbursements due the Agency under this contract are deferred because sufficient funds are unavailable, such disbursement will be made tuthe Agency when sufficient funds dobecome available. SECTION 3. WITHHOLDING OFDISBURSEMENTS. Section 3.1. The SWRCB may withhold all or any portion of the funds provided for by this Agreement inthe event that: (A) The Agency has materially violated, orthreatens to materially violate, any berrn, provision, condition, orcommitment ofthis Agreement; (B) The Agency fails to maintain reasonable progress toward completion of the Project; or (C) An acceptable Revenue Program is not submitted at the time of 90 percent disbursement offunds provided for bythis Agreement. SECTION 4. PLEDGE AND LIEN C}FNET REVENUES; RATES, FEES AND CHARGES; AD[)|T|ONALPAYW1ENT& Section 4.1. Establishment of Enterprise Fund. In order to carryout its obligation to pay the � � Installment Payments, Additional Payments and, where applicable, System Obligations, tath��i�ah�Uesbab|i�handrneintsinth� Enherph�eFund th�Ag�noyagna��und covenants . All Revenues received shall be deposited when and as received in trust in the Enterprise Fund. Section 4.2. Pledge ofNet Revenues, The Net Revenues are hereby pledged and asecurity interest granted thereininordertoeecunsthepaymentof|nsbaUmentPoynnenhaondAddiUona| Payments. The Net Revenues inthe Enterprise Fund shall besubject tothe lien ofsuch pledge without any physical delivery thereof orfurther act, and the lien nfsuch pledge shall be valid and binding as against all parties having claims of any kind in tort, contract orotherwise against the Agency. Section 4.3. Application and Purpose of the Enterprise Fund. Subject to the provisions of any outstanding System Obligations, money ondeposit|nthe Enterprise Fund shall boapplied and used first, to pay Operations and Maintenance Costs, and thereafter, all amounts due on Installment Payments, Additional Payments and System Obligations due. After making all payments hereinabove required to be made in each Fiscal Year, the Agency may expend in such Fiscal Year any remaining money in the Enterprise Fund for any lawful purpose nfthe Agency, including payment ofsubordinate debt, Section 4.4. Rates, Fees and Charges, The Agency agrees, b)the extent permitted bylaw, tofix, prescribe and collect rates, fees and charges for the System during each Fiscal Year which are reasonable, fair and nondiscriminatory and which will be at least sufficient to yield during each Fiscal Year, Net Revenues equal to the Installment Payments, Additional Payments and debt service on System Obligations for such Fiscal Year. The Agency may make adjustments from time bztime \nsuch fees and charges and may make such classification thereof asitdeems necessary, but shall not reduce the rates, ' City of Redlands Agreement No.: O1-821-55O-Q1 4-S4 Proiect No.: C-OG-48OO-11O Page 5uf5 EXHIBIT 8--BUDGET DETAIL AND PAYMENT PROVISIONS fees and charges then |neffect unless the Net Revenues from such reduced rates, fees and charges will at all times be sufficient to meet the requirements of this section. Section 4.5. Future Local Debt. All future debt incurred bythe Agency shall beonparity with, or subordinate to, the Obligation. SECTION 5. FINANCIAL MANAGEMENT SYSTEM AND STANDARDS. The Aoenoyagrees toconnp|yvvithfederal standards for� management agrees -that, ataminimum, its fiscal control and accounting procedures will besufficient hopermit preparation of reports required by the federal government and tracking of Projectfundotoo |eve|of expenditure adequate toestablish that such funds have not been used inviolation offederal orstate law orthe terms ofthis Agreement. Tothe extent applicable, the Agency agrees tobebound byand to comply with, the provisions and requirements ofthe federal Single Audit Act of1984 (Pub. L.98-502) Office ofManagement and Budget([)yWB) Circular No. 4,133. and updates orrevisions, thereto. SECTION 6. ACCOUNTING AND AUDITING STANDARDS. The Agency will maintain separate Project accounts inaccordance with generally accepted accounting principles. The contractor shall comply with "Standards for Audit of Governmental Organizations, Programs, Activities and Functions" promulgated by the U.S. General Accounting Office. (4UCFR§ 353135(|).) SECTION 7. BUDGET. Budget costs are contained in the Approval to Award Letter(s) (or engineer's estimates)which is attached hereto and referenced as Exhibit E. ' City ofRedlands Agreement No.: O1-821-55O-A1 A&\ Proiect No.: C-Q6-48U041U Page of EXHIBIT SRF INSTALLMENT SALES AGREEMENT PAYMENT SCHEDULE State of California -State Water Resources Control Board Date: 10128/2009 State Revolving Fund Payment Schedule Agreement Amount: 7,851,084 Recipient: Redlands,City of Interest rate: 1.500% Project No.: C-06-4800-110 Service charge rate: 1.000% Agreement No.: 01821-550-0 Term: 20 Construction Period Interest(CPI) Annual Disbursement/ Beginning Draw Amount Amt.Trans. Interest Principal Interest Service Charge Total Ending Date Payment No. Balance Amount Accrued to Principal Accrued Paid/Due Paid/Due Paid/Due Payment Balance 12-Jan-2004 Disbursement 0-00 5,058,070.00 0.00 ------- -------------------- ---------- 5,058,070.00 —--------------- 10-Feb-2004 Disbursement 2 5,058,070.00 736,660.00 9,835.141111_. 5,794,730.00 24-Mar-2004 Disbursement 3 5,794,730.00 969,683M 17,706,12____ 6,764,413.00 ................. 7,851,084.00 25-May-2004 Disbursement 4 61111 1111_ ,764,41100 1,086,671.00 28,65481 ......... —----------- -------- 30-Jun-2004 End FY 7,851,084-0019,082.50 ------ —------ 7,851,084.00 ........... 30-Nov-2004 Const Compl, 7,851,084.00 81,782.13 157_ 1111 ,060,69 -------------- 8,008,144.69 30-Nov-2004 Repayment 0 8,GO8,144,69 0.00 OM OM `0 DD 0.00 8,008,14,f69 ----------------------------------- ...........------------I- 1111_-. 29-Jun-2005------------------ Repayment Pref 8,008,144�69 116,229,32 2235,757.19 116,229.32 OM.. 2,351,986.51 5,772,387.50 --'-- ..... ...... . ... 1111 30-Nov-2005 Repayment 1 5,772,387.50 _-1111 60,529M 304,509,03_ 1111_ 60,529.901111_- 0.00 365,038.93 5,467,878,47 1 1111 30-Nov-2006 1 11-1.1111_1 R I e I pa 11 yment 2 5,467,878.47 136,696.96 228,341.97 136,696.96 0.00 365,03&93 5,239,536.50 --1111_ 1111 _- 30-Nov-2007 Repayment 3 5,239,536,50 130,988,41 234,050.52 130,988.41 0-00 365,038M 5,005,485.98 ............. -�,-11...�����-��l.------ .......... ------ ------ ............. ------------- 30-Nov-2008 Repayment 4 5,005,485.98 125,137.15 239,901.78 125,137.15 0.00 365,038.93 4,765,584,20 -------------- -----------......--- 1111._ 30-Nov-2009 Repayment 6 4,765,584.20 71_ 1111,48376 245,899.331111 71,48336 47,655.84 365,038.93 4,519,684.87 ....................-11111 ---------- ---- ----------- ---------------- 30-Nov-2010 Repayment 7 4,519,684-87 67,795.27 252,046 81 67,795-27 45,196.85 365,038.93 4,267,638.06 ---------- —---------------------------- -------------------- --------- 38.93 4,009,290.08 30-Nov-2011 Repayment 8 4,267,638-06 64,014.57 258,347.98 64,014-57 42,676-38 365,0 ------ ...... .......... ----------------- —------------------------------------------- 30-Nov-2012 Repayment 9 4,009,290.08 60,139.35 264,806.68 60,139.35 40,092.90 365,03&93 3,744,483.40 ............... 3,473,056.55 .......... ----------------------- 30-Nov-2013 Repayment 10 3,744,48140 56,16715 271,426.85 56,167.25 37,444.83 365,03893 ......-------— 30-Nov-2014 Repayment 11 3,473,056,55 52,095.85 278,212.51 52,09&85 34,730-57 365,0 38-.--9--3---- 3,194,844.04 1111 _ -- . ...- -- - _ 1111 1111_-30-Nov-2015 Repayment 12 3,194,844.04 47,922.66 285,167.83 47,922.66 31,948.44 365,038.93 2,909,676.21 ----------- 2,617,379,18 30-Nov-2016 Repayment 13 2,909,676.21 43,64514 292,297.03 43,645.14 29,096.76 365,038,93 ----------- ------------------ 1111._ 30-Nov-2017 Repayment 14 2,617,379.18 39,260.69 299,604.45 39,260.69 26�17179 366,038,93 2,317,774.73 ------- -------........ 680.17 30-Nov-2018 Repayment 15 2,317,77433 34,766,62 307,094.56 34,76&62 23,177.75 365,038.93 2,010 31 01-NoIv-1 201 11 9 Repayment1-6---1. 2,010,680.17 30,16020 314,771-93 30,160.20 20,106.80 36503--8---9-3---- 1,695,90814 - .. . -- --- ,_- 30-Nov-2020 Repayment 17 1,695,908-24 25438.62 322,6411111 _� .23 25,438.62 16,959-08 365,038.93 1,373,267.01 . - 1111 30-Nov-2021 Repayment 18 1,373,267.01 20,599,01 330,70715 20,599.01 13,732.67 365,038 93 1,042,55976 ---------------- ------- ---- ------- 365,03&93 703,5MM 30-Nov-2022 Repayment 19 1,042,559.76 15,638.40 338,974.93 15,638.40 10,425M --- .............1-1.1-111-----......----_—--------------------------- ---------- 30-Nov-2023 Repayment 20 703,584.83 10,553.77 347,449.31 10,553.77 7,035.85 365,03&93 356,135.52 ............... ------------ ............---- -2024 Repayment 21 356,135,52 5,342M 356,135.52 5,342-03 3,561.36 365,038.91 OM 30-Nov ---------- ----------------------- --------------- 7,851,084.00 157,06010 157,060.69 1,214,604.93 8,008,144.69 1,214,604.93 430,015.47 9,662,765.09 Outstanding Disbursement Balance: 0.00 Page I of I