Consideration and Approval of Amendment to Contract: Amendment to add Water Infrastructure Finance Authority (WIFA) Federal Loan Provisions to Contract.

Upon receipt of a letter to the City from WIFA, Staff became aware that the loan dollars were coming from the Capitalization Grants for Drinking Water State Revolving Funds. Staff realized that the original contract with Jacobs Engineering Group, Inc. did not include the necessary Federal WIFA loan provisions required to be recognized by the WIFA Loan Program. The Grants Manager has worked with Jacobs Engineering Group, Inc. to include the WIFA provisions at no additional cost to the City, which will bring the contract into compliance and recognized by the WIFA Loan Program.

Subsidiary Decisions Points: Acceptance of Contract Amendment One is necessary before the City can be refunded by WIFA loan for work already completed under the contract.

There is no cost associated with amending the contract with Jacobs Engineering Group, Inc.

Effective governance.

No.

Staff recommends Council approve the contract amendment so that Finance can receive funds from the WIFA loan to cover the contract amount of $1,999,425 is already been paid by the City to Jacobs Engineering Group, Inc. Should Council not approve the contract amendment, the City will be fully responsible for covering the contract amount and will not receive the loan dollars from WIFA.

Inform

Approved by CC on 1/15/2013 - EAB