Loading...
Backup Documents 06/26/2012 Item #16C 56t, ORIGINAL DOCUMENTS CHECKLIST & ROUTIN SL I TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNA rURE Print on pink paper. Attach to original document, Original documents ehould be hand delivered to the Board Office. 'Fhe coral letcd routing $lip and original' documents are to be forwarded to the Board Office only after the Board has taken action on the item.) ROUTING SLIP Complete routing lines #1 through #4 as appropriate for additional signatures, dates, and/or information needed. If the docum nt is already �ompletc with the exception of the Chairman's signature. draw a line through routine lines # 1 through #4, complete the checklist, and forward t Ian Mitchell line #5). Route to Addressee(s) (List in routing order) Office Initial 52 -2539 ate 1. Sr. Management and Budget Analyst Applicable) 1. Original document has been signed /initialed for legal sufficiency. (All documents to be 2. 06/26/12 Agenda Item Number 16 C5 i 3. by the Office of the County Attorney. This includes signature pages from ordinances, t 4. 4 Letters Number of Original z. Letters (o#te of each) !; 5. Ian Mitchell, Executive Manager BCC Board of County Commissioners Documents Attached Chairman and Clerk to the Board and possibly State Officials.) 6. Minutes and Records Clerk of Court's Office 2. All handwritten strike - through and revisions have been initialed by the County Attorney's i I PRIMARY CONTACT INFORMATION (The primary contact is the holder of the original document pending BCC approval. Normally the primary contact is the person who create prepared the e>cut summary. Primary contact information is needed in the event one of the addressees above, including Ian Mitchell needs to contact staff for dditional or mi$sing information. All original documents needing the BCC Chairman's signature are to be delivered to the BCC office only after the BCC has aced to approve the item.) I I Name of Primary Staff Laura Zautcke Phone Number 52 -2539 Contact Sr. Management and Budget Analyst Applicable) 1. Original document has been signed /initialed for legal sufficiency. (All documents to be Agenda Date Item was 06/26/12 Agenda Item Number 16 C5 Approved by the BCC by the Office of the County Attorney. This includes signature pages from ordinances, t Type of Document 4 Letters Number of Original z. Letters (o#te of each) !; Attached Documents Attached Chairman and Clerk to the Board and possibly State Officials.) INSTRUCTIONS & CHECKLIST I: Forms/ County Forms/ BCC Forms/ Original Documents Routing Slip WWS Original 9.03.04, Revised 1.26.05, Revised 2.' 4.05 08- MGR - 00132/33 A Initial the Yes column or mark "N /A" in the Not Applicable column, whichever is Yes N/A (Not appropriate. Initial) Applicable) 1. Original document has been signed /initialed for legal sufficiency. (All documents to be /A signed by the Chairman, with the exception of most letters, must be reviewed and signed G! by the Office of the County Attorney. This includes signature pages from ordinances, t resolutions, etc. signed by the County Attorney's Office and signature pages from contracts, agreements, etc. that have been fully executed by all parties except the BCC 1' Chairman and Clerk to the Board and possibly State Officials.) 2. All handwritten strike - through and revisions have been initialed by the County Attorney's /A Office and all other parties except the BCC Chairman and the Clerk to the Board 3. The Chairman's signature line date has been entered as the date of BCC approval of the /A document or the final negotiated contract date whichever is applicable. 4. "Sign here" tabs are placed on the appropriate pages indicating where the Chairman's Ilz signature and initials are required. 5. In most cases (some contracts are an exception), the original document and this routing slip Z should be provided to Ian Mitchell in the BCC office within 24 hours of BCC approval. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 6. The document was approved by the BCC on 06/25/12 and all changes made during 11Z ip the meeting have been incorporated in the attached document. The County Attorney's � Office has reviewed the changes, if applicable. I I: Forms/ County Forms/ BCC Forms/ Original Documents Routing Slip WWS Original 9.03.04, Revised 1.26.05, Revised 2.' 4.05 08- MGR - 00132/33 A 16C 5 MEMORANDUM Date: June 29, 2012 To: Laura Zautcke, Sr. Mgmt. & Budget Analyst Utilities Finance Operations From: Martha Vergara, Deputy Clerk Minutes & Records Department Re: Water Infrastructure Finance & Innovation Act Letters Congressman Mack Congressman Rivera Senator Nelson Senator Rubio Enclosed for your records you will find four (4) original letters, as referenced above, (Agenda Item #16C5) adopted by the Board of County Commissioners on Tuesday, June 26, 2012. A copy of the original has been kept by the Minutes & Records Deparment where it will be kept as part of the Board's Official Records. If you should have any questions, please contact me at 252 -7240. Thank you E) 16C 5 Board of Collier County Commissioners Donna Fiala Georgia A. Hiller, Esq. Tom Henning Fred W. Coyle Jim Coletta District 1 District 2 District 3 District 4 District 5 June 14, 2012 Congressman Connie Mack U. S. House of Representatives 115 Cannon House Office Bldg. Washington, DC 20515 Re: Water Infrastructure Finance and Innovation Act Dear Congressman Mack: While 95 percent of spending on water and wastewater has been from local sources, the federal government can play an important role by lowering the cost of capital for water and wastewater investments. The need to replace or upgrade existing infrastructure requires access to a large amount of capital in a relatively short time frame, placing great stress on local rates and charges. Almost 70 percent of American communities use bonds to finance local infrastructure. Collectively, we pay billions of dollars in interest costs each year. Lowering the cost of borrowing for water and wastewater infrastructure is critical to Collier County as we search for ways to leverage local funding for such projects as the Immokalee Stormwater project, the Orange Tree Public Works expansion, and our Regional Water Interconnections. The House Subcommittee on Water Resources and Environment is actively addressing water infrastructure finance issues and is now preparing to introduce a Water Infrastructure Finance and Innovation Act ( WIFIA). The act would create a finance mechanism modeled after the successful Transportation Infrastructure Finance and Innovations Authority and would provide access to lower -cost capital for investments in water infrastructure. This mechanism would have little to no long -term effect on the federal budget deficit. As in TIFIA, WIFIA would, under the Federal Credit Reform Act, only require appropriated funding sufficient to cover the subsidy cost, or risk, of loans. WIFIA would increase the availability of federal loans for large -scale (over $20m) water infrastructure investments that may not be suitable for assistance through the existing Drinking Water and Clean Water State Revolving Fund (SRF) programs. The legislation would reduce the cost of financing large water infrastructure projects by reducing the cost of borrowing to Treasury rates, as well as leveraging 3299 Tamiami Trail East, Suite 303 • Naples, Florida 34112 - 5746.239 - 252097 • FAX 239- 252 -3602 16r. 5� limited federal funding, which would have the effect of substantially increasing the amount of available financing to be made available to communities and the State Revolving Funds. The benefit to local communities of lower interest rates is significant. Lowering the cost of borrowing by 2.5 percent on a 30 -year loan reduces the lifetime project cost by almost 26 percent, the some result as o 26- percent grant. WIFIA loans would be repaid to the Authority — and then to the Treasury — with interest. Accordingly, WIFIA — because it would involve loans that are repaid — would involve minimal risks and minimal long -term costs to the federal government. America faces the need to begin a significant and sustained increase in its investment in water and waste water infrastructure, or risk deteriorating water and waste water services. Please sign on as an original co- sponsor of the WIFIA legislation that Rep. Gibbs has drafted. We believe the more original co- sponsors this legislation can attract, the more momentum the bill will have in Congress. Sincerely, Fred W. Coyle, Chairman y ; Ex- Officio, the Board of the Collier CountV71Afater -Sewer District cc: Congressman Connie Mack 16C 5 Board of Collier County Commissioners Donna Fiala Georgia A. Hiller, Esq. Tom Henning Fred W. Coyle Jim Coletta District 1 District 2 District 3 District 4 District 5 June 14, 2012 Senator Bill Nelson 716 Senate Hart Office Building Washington, DC 20510 Re: Water Infrastructure Finance and Innovation Act Dear Senator Nelson: While 95 percent of spending on water and wastewater has been from local sources, the federal government can play an important role by lowering the cost of capital for water and wastewater investments. The need to replace or upgrade existing infrastructure requires access to a large amount of capital in a relatively short time frame, placing great stress on local rates and charges. Almost 70 percent of American communities use bonds to finance local infrastructure. Collectively, we pay billions of dollars in interest costs each year. Lowering the cost of borrowing for water and wastewater infrastructure is critical to Collier County as we search for ways to leverage local funding for such projects as the Immokalee Stormwater project, the Orange Tree Public Works expansion, and our Regional Water Interconnections. The House Subcommittee on Water Resources and Environment is actively addressing water infrastructure finance issues and is now preparing to introduce a Water Infrastructure Finance and Innovation Act (WIFIA). The act would create a finance mechanism modeled after the successful Transportation Infrastructure Finance and Innovations Authority and would provide access to lower -cost capital for investments in water infrastructure. This mechanism would have little to no long -term effect on the federal budget deficit. As in TIFIA, WIFIA would, under the Federal Credit Reform Act, only require appropriated funding sufficient to cover the subsidy cost, or risk, of loans. WIFIA would increase the availability of federal loans for large -scale (over $20m) water infrastructure investments that may not be suitable for assistance through the existing Drinking Water and Clean Water State Revolving Fund (SRF) programs. The legislation would reduce the cost of financing large water infrastructure projects by reducing the cost of borrowing to Treasury rates, as well as leveraging limited federal funding, which would have the effect of substantially increasing the amount of available 3299 Tamiami Trail East, Suite 303 • Naples, Florida 34112 - 5746.239- 252 -8097 • FAX 239 - 252 -3602 16C 5' communities of lower interest rates is significant. Lowering the cost of borrowing by 2.5 percent on a 30 -year loan reduces the lifetime project cost by almost 26 percent, the some result as o 26- percent grant. WIFIA loans would be repaid to the Authority — and then to the Treasury — with interest. Accordingly, WIFIA — because it would involve loans that are repaid — would involve minimal risks and minimal long -term costs to the federal government. America faces the need to begin a significant and sustained increase in its investment in water and waste water infrastructure, or risk deteriorating water and waste water services. Please sign on as an original co- sponsor of the WIFIA legislation that Rep. Gibbs has drafted. We believe the more original co- sponsors this legislation can attract, the more momentum the bill will have in Congress. Sincerely, 0.0 Fred W. Coyle, Chairman - Ex- Officio, the Board of the Collier County Water -Sewer District cc: Senator Bill Nelson 16C 5 Board of Collier County Commissioners Donna Fiala Georgia A. Hiller, Esq. Tom Henning Fred W. Coyle Jim Coletta District 1 District 2 District 3 District 4 District 5 June 14, 2012 Congressman David Rivera U. S. House of Representatives 417 Cannon House Office Bldg. Washington, DC 20515 Re: Water Infrastructure Finance and Innovation Act Dear Congressman Rivera : While 95 percent of spending on water and wastewater has been from local sources, the federal government can play an important role by lowering the cost of capital for water and wastewater investments. The need to replace or upgrade existing infrastructure requires access to a large amount of capital in a relatively short time frame, placing great stress on local rates and charges. Almost 70 percent of American communities use bonds to finance local infrastructure. Collectively, we pay billions of dollars in interest costs each year. Lowering the cost of borrowing for water and wastewater infrastructure is critical to Collier County as we search for ways to leverage local funding for such projects as the Immokalee Stormwater project, the Orange Tree Public Works expansion, and our Regional Water Interconnections. The House Subcommittee on Water Resources and Environment is actively addressing water infrastructure finance issues and is now preparing to introduce a Water Infrastructure Finance and Innovation Act ( WIFIA). The act would create a finance mechanism modeled after the successful Transportation Infrastructure Finance and Innovations Authority and would provide access to lower -cost capital for investments in water infrastructure. This mechanism would have little to no long -term effect on the federal budget deficit. As in TIFIA, WIFIA would, under the Federal Credit Reform Act, only require appropriated funding sufficient to cover the subsidy cost, or risk, of loans. WIFIA would increase the availability of federal loans for large -scale (over $20m) water infrastructure investments that may not be suitable for assistance through the existing Drinking Water and Clean Water State Revolving Fund (SRF) programs. The legislation would reduce the cost of financing large water infrastructure projects by reducing the cost of borrowing to Treasury rates, as well as leveraging 3299 Tamiami Trail East, Suite 303 • Naples, Florida 34112 - 5746.239- 252 -8097 • FAX 239-252 -3602 16C 5 limited federal funding, which would have the effect of substantially increasing the amount of available financing to be made available to communities and the State Revolving Funds. The benefit to local communities of lower interest rates is significant. Lowering the cost of borrowing by 2.5 percent on a 30 -year loan reduces the lifetime project cost by almost 26 percent, the some result as a 26- percent grant. WIFIA loans would be repaid to the Authority — and then to the Treasury — with interest. Accordingly, WIFIA — because it would involve loans that are repaid — would involve minimal risks and minimal long -term costs to the federal government. America faces the need to begin a significant and sustained increase in its investment in water and waste water infrastructure, or risk deteriorating water and waste water services. Please sign on as an original co- sponsor of the WIFIA legislation that Rep. Gibbs has drafted. We believe the more original co- sponsors this legislation can attract, the more momentum the bill will have in Congress. Sincerely, Fred W. Coyle, Chairman Ex- Officio, the Board of the Collier County Water -Sewer District cc: Congressman David Rivera 16C 5" Board of Collier County Commissioners Donna Fiala Georgia A. Hiller, Esq. Tom Henning Fred W. Coyle Jim Coletta District 1 District 2 District 3 District 4 District 5 June 14, 2012 Senator Marco Rubio 317 Senate Hart Office Building Washington, DC 20510 Re: Water Infrastructure Finance and Innovation Act Dear Senator Rubio: While 95 percent of spending on water and wastewater has been from local sources, the federal government can play an important role by lowering the cost of capital for water and wastewater investments. The need to replace or upgrade existing infrastructure requires access to a large amount of capital in a relatively short time frame, placing great stress on local rates and charges. Almost 70 percent of American communities use bonds to finance local infrastructure. Collectively, we pay billions of dollars in interest costs each year. Lowering the cost of borrowing for water and wastewater infrastructure is critical to Collier County as we search for ways to leverage local funding for such projects as the Immokalee Stormwater project, the Orange Tree Public Works expansion, and our Regional Water Interconnections. The House Subcommittee on Water Resources and Environment is actively addressing water infrastructure finance issues and is now preparing to introduce a Water Infrastructure Finance and Innovation Act ( WIFIA). The act would create a finance mechanism modeled after the successful Transportation Infrastructure Finance and Innovations Authority and would provide access to lower -cost capital for investments in water infrastructure. This mechanism would have little to no long -term effect on the federal budget deficit. As in TIFIA, WIFIA would, under the Federal Credit Reform Act, only require appropriated funding sufficient to cover the subsidy cost, or risk, of loans. WIFIA would increase the availability of federal loans for large -scale (over $20m) water infrastructure investments that may not be suitable for assistance through the existing Drinking Water and Clean Water State Revolving Fund (SRF) programs. The legislation would reduce the cost of financing large water infrastructure projects by reducing the cost of borrowing to Treasury rates, as well as leveraging limited federal funding, which would have the effect of substantially increasing the amount of available financing to be made available to communities and the State Revolving Funds. The benefit to local 3299 Tamiami Trail East, Suite 303 • Naples, Florida 34112 - 5746.239- 252 -8097 • FAX 239 - 252 -3602 16C 5 financing to be made available to communities and the State Revolving Funds. The benefit to local communities of lower interest rates is significant. Lowering the cost of borrowing by 2.5 percent on a 30 -year loan reduces the lifetime project cost by almost 26 percent, the some result as a 26- percent grant. WIFIA loans would be repaid to the Authority — and then to the Treasury — with interest. Accordingly, WIFIA — because it would involve loans that are repaid — would involve minimal risks and minimal long -term costs to the federal government. America faces the need to begin a significant and sustained increase in its investment in water and waste water infrastructure, or risk deteriorating water and waste water services. Please sign on as an original co- sponsor of the WIFIA legislation that Rep. Gibbs has drafted. We believe the more original co- sponsors this legislation can attract, the more momentum the bill will have in Congress. Sincerely, Fred W. Coyle, Chairman Ex- Officio, the Board of the Collier County dater- SewerDistrict cc: Senator Marco Rubio