Worksession re Ordinances Related to SWS CIP, Plan of Finance for SWS CIP, and SWS Land Purchase (AO 2018-75)

Event Date

From: 10/19/2018 10:00 AM

To: 10/19/2018 11:00 AM

Summary

City Hall
Mayor's Conference Room #830
632 W. 6th Avenue
Anchorage, AK 99501

Details

Ordinance No. AO 2018-75, an ordinance authorizing acquisition of real property located south of East 36th Avenue and west of Homer Drive, legally described as Lots 1 and 2 Block 1 Fyfe Subdivision (Plat 72-57); East and West portions of SW4 SW4 SE4 SW4 SW4 SEC 32 T13N R3W; Parcel 1-21 N2 NE4 SW4 SW4 portion within SEC 32 T13N R3W; and Parcel 1-22 S2 NE4 SW4 SW4, N2 SE4 SW4 SW4 portion within SEC 32 T13N R3W (PID 009-281-70; 009-281-71; 009-284-09; 009-284-10; 009-284-01; 009-284-02), for a purchase price, , including related expenses, in an amount Not To Exceed $17,000,000; appropriating the proceeds of Solid Waste Utility Revenue Notes and or bonds (Collection and Disposal); appropriating proceeds from the notes and or bonds in an amount Not To Exceed $17,000,000, split between the Solid Waste Disposal Services (SWS) Fund (562000) in the amount of $10,200,000 and th4 Solid Waste Collection Services Fund (560000) in the amount of $6,800,000; and further appropriating the proceeds of the notes and or bonds as a contribution to the SWS Capital Improvement Project Funds (562200) and (560200) respectively, and revising both Solid Waste Services’ 2018 Capital Improvement Budget and Solid Waste Services’ 2018-2013 Capital Improvement Plan.