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Lead Service Line Replacement Program Copyrighted September 18, 2023 City of Dubuque Action Items # 03. City Council Meeting ITEM TITLE: Lead Service Line Replacement Program SUM MARY: City Manager recommending approval to apply for this program in 3 phases to complete replacement of lead service lines in 575 homes, maintaining the FY25 budget projection of a 5% water rate increase, but other factors might impact this rate increase, however, that would be determined through the FY25 budget process conducted in April of 2024. SUGGESTED Suggested Disposition: Receive and File;Approve DISPOSITION: ATTACHMENTS: Description Type MVM Memo City Manager Memo Dubuque THE CITY QF � All-Meriea Ciry DLT B E � . � . � r� � l Mast� i�Ce aYd t�Q �is5issi i zoo�.zoiz.aoi3 YP pp zoi�*za1� TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Lead Service Line Program DATE: September 15, 2023 At budget adoption, the City contemplated a total of$32.2 million in lead service line projects to benefit 3,300 homes in low income Dubuque neighborhoods. At that time, loans issued by the lowa Finance Authority under the Drinking Water SRF (DWSRF)/ Federal Bipartisan Infrastructure Law Program for such projects were thought to be 90% forgivable, resulting in $3.2 million in permanent financing for the City. A summary of rates, projects, coverage, and cash projected at that time through the Fiscal year 2024 City of Dubuque budget process is provided below. . Rate Increase 8.��°r6 5.00°r6 Total �RF Lead Lines 5,348,15� 1�,727,5�� 32,196,000 Forgivable Portion {9�°r6� 4,813,335 9,654,75� 28,976,400 Permanent Portion {1�°r6� 534,815 1,�72,75� 3,219,600 Annual Debt �overage 1.65 1.45 Estimated �ash Balance 31°r6 27°r6 Recently, the City has been informed by the State of lowa that the amount of loan forgiveness has been reduced from 90% to 49%. To reduce the chance of the rate increasing more than 5% in FY25, the City could fund lead service line replacement for 575 homes instead of 3,300 homes in a total amount of $5.7 million, including a City share of $3.2 million. The Engineering cost of$616,000 is not eligible for loan forgiveness. The project would be broken into three phases over three years with final completion of all 575 homes by December 2026. Each phase of approximately 195 homes will be separate applications by the City and there is no guarantee of any approvals from the State. While I am not recommending this course of action the City Council could stay with the original plan of 3,300 homes. Rather than reduce the scale of the project, the City could revise user rates to fund the increased debt service costs that result from reduced debt forgiveness. If the City instead chooses to keep the original 3,300-home scope of the project, rates will need to increase to accommodate $17.5 million in permanent debt resulting in an additional 3% rate increase in FY25. The City of Dubuque has a combined 5,756 lead service lines (2,451 service lines for full replacement and 3,305 service lines for partial replacement) serving properties throughout the community. The lowa Drinking Water State Revolving Fund (DWSRF) Program administers the Lead Service Line Replacement Fund available through the federal Infrastructure Investment and Jobs Act (IJJA), otherwise known as the Bipartisan Infrastructure Law (BIL). This funding provides an opportunity to replace lead service lines that are in low-income neighborhoods with the federal government forgiving 49% of the money borrowed by the city. While these lead service lines do not generally present a health hazard because the city treats water with phosphates to coat the pipes it is in the best interest of the community to take advantage of this forgivable loan program to eliminate some lead service lines. I respectfully recommend Mayor and City Council approval to apply for this program in 3 phases to complete replacement of lead service lines in 575 homes. This will maintain the FY25 budget projection of a 5% water rate increase. Other factors might impact this rate increase but that would be determined through the FY25 budget process conducted in April of 2024. � Mic ael C. Van Milligen MCVM:sv Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Chris Lester, Water Department Director Anderson Sainci, Director Office of Shared Prosperity and Neighborhood Support Gus Psihoyos, City Engineer Jennifer Larson, Chief Financial Officer 2