9.C.
City Council Meeting - FINAL (AMENDED)
- Meeting Date:
- 05/07/2024
- Co-Submitter:
- Stacey Brechler-Knaggs
- From:
- Patrick O'Connor, Water Services Specialist
TITLE:
Consideration and Approval of Grant Agreement Ratification: Water Conservation Grant Fund Agreement with Water Infrastructure Finance Authority
STAFF RECOMMENDED ACTION:
- Approve the Grant Agreement with the Water Infrastructure Finance Authority (WIFA) Water Conservation Grant Program for the City's Radio Read Meter Replacement Program for $750,000.00 (75% WIFA Share), with a minimum $250,000.00 (25% Non-Federal Share) match requirement; and
- Authorize the City Manager to execute the necessary documents.
Executive Summary:
This grant from the Water Infrastructure Finance Authority's (WIFA) Water Conservation Grant Fund will provide $750,000 in funding for Water Services to continue its Radio Read Meter Replacement Program. This program replaces older, less efficient meters with high-accuracy meters that have leak detection capability. This program is supported in the capital program through customer rates, with a target of replacing 10% of the system’s equipment annually or approximately 2,300 meters and ERTs, in order to maintain a ten year life cycle.
Financial Impact:
This grant is a 75/25 match. The City of Flagstaff Water Services will contribute $250,000 over the grant period to match the $750,000 from WIFA. The grant must be fully expended by December of 2026, and the funds will be disbursed during FY24, FY25, and FY26. This grant is currently budgeted in the Drinking Water Fund (202-08-370-3170-0-4461) in FY2023-24 and FY2024-25.
Policy Impact:
Improving and executing a radio read meter replacement program is included in the 2020 Water Conservation Strategic Plan
Previous Council Decision or Community Discussion:
No
Options and Alternatives to Recommended Action:
n/a
Connection to PBB Priorities and Objectives:
- Maintain the organization’s fiscal stability through strong financial policies and best practices
- Promote, protect, and enhance a healthy, sustainable environment and its natural resources
Connection to Regional Plan:
- Goal WR.2. Manage a coordinated system of water, wastewater, and reclaimed water utility service facilities and resources at the City level and identify funding to pay for new resources.
- Goal WR.3. Satisfy current and future human water demands and the needs of the natural environment through sustainable and renewable water resources and strategic conservation measures.
Connection to Carbon Neutrality Plan:
- Improve water infrastructure and expand water reuse.
- Continue to support water conservation efforts across the Flagstaff community.
- Improve the resilience of public infrastructure and City facilities.
Connection to 10-Year Housing Plan:
NA