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R18-115 1 RESOLUTION NO. R18-115 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA; 4 DELEGATING TO THE SOUTH CENTRAL REGIONAL 5 WASTEWATER TREATMENT AND DISPOSAL BOARD (THE 6 "BOARD") THE AUTHORITY TO ISSUE NOT TO EXCEED 7 $15,500,000 OF BONDS OR NOTES IN ONE OR MORE SERIES TO 8 FINANCE THE BOARD'S CAPITAL IMPROVEMENT PLAN, SAID 9 BONDS OR NOTES TO BE PAYABLE FROM AND SECURED BY THE 10 NET REVENUES OF THE BOARD INCLUDING, BUT NOT LIMITED 11 TO, AMOUNTS PAYABLE TO THE BOARD BY THE CITIES OF 12 DELRAY BEACH AND BOYNTON BEACH; CONTAINING OTHER 13 PROVISIONS; AND PROVIDING AN EFFECTIVE DATE. 14 15 WHEREAS,the City of Boynton Beach and the City of Delray Beach(collectively. the 16 "Cities") created, by Interlocal Agreement made and entered into on December 26. 1974 (as 17 amended and supplemented, the "Interlocal Agreement"), the South Central Regional 18 Wastewater Treatment and Disposal Board (the "Board") for the purpose of providing 19 wastewater treatment and disposal services to the "South Central Region" of Palm Beach 20 County; and 21 22 WHEREAS, the Board has considered the financing of the facilities operated by the 23 Board and has determined that there is a need to issue bonds or notes to finance all or a portion 24 of the Board's Capital Improvement Plan, as more particularly set forth on Exhibit "A" hereto 25 (the "Project"); and 26 27 WHEREAS, each of the Cities has the legal authority to issue bonds or notes to finance 28 the costs of the Project; and 29 30 WHEREAS, in accordance with Section 3(B)5. of the Interlocal Agreement, each of 31 the Cities desires to delegate to the Board the authority to issue bonds or notes in one or more 32 series in an aggregate amount not to exceed$15,500,000 to finance the Cost of the Project. 33 34 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 35 THE CITY OF BOYNTON BEACH, FLORIDA: 36 37 SECTION 1. The foregoing recitals are ratified as true and incorporated herein. 38 39 SECTION 2. FINANCING OF PROJECT; DELGATION OF AUTHORITY TO 40 ISSUE OF BONDS OR NOTES. The undertaking of the Project and the financing of the cost 41 thereof is necessary for the Board. The City of Boynton Beach delegates to the Board the 42 authority to issue bonds or notes in one or more series in the aggregate principal amount not to 43 exceed $15,500,000 to pay the costs of the Project. 44 1 35450791:1 45 SECTION 3. SECURITY FOR BONDS OR NOTES. The principal of and interest 46 on the bonds or notes issued by the Board shall be payable from and secured by the net revenues 47 received by the Board, including but not limited to revenues received by the Board from the 48 Cities. The bonds or notes shall not be a general obligation of the City of Boynton Beach, and 49 shall not be secured by a pledge of or lien on the City of Boynton Beach's ad valorem taxing 50 power or any other revenues of the City of Boynton Beach other than payments that the City of 51 Boynton Beach is obligated to make to the Board pursuant to the Interlocal Agreement. 52 53 SECTION 4. SEVERABILITY. If any provision of this Resolution shall be held or 54 deemed to be or shall, in fact, be illegal, inoperative or unenforceable in any context, the same 55 shall not affect any other provision herein or render any other provision (or such provision in 56 any other context) invalid, inoperative or unenforceable to any extent whatsoever. 57 SECTION 5. REPEALER. All resolutions or parts thereof of the City of Boynton 58 Beach in conflict with the provisions herein contained are,to the extent of such conflict,hereby 59 superseded and repealed. 60 61 SECTION 6. EFFECTIVE DATE. This Resolution shall take effect immediately 62 upon its passage. 63 PASSED AND ADOPTED THIS 21ST DAY OF AUGUST, 2018. 64 CITY OF BOYNTON BEACH, FLORIDA • 65 YES NO 66 Mayor— Steven B. Grant 67 Vice Mayor—Christina Romelus ✓ 68 Commissioner—Justin Katz 69 Commissioner—Mack McCray 70 Commissioner—Joe Casello 71 VOTE � v 72 ATTE .T 73 ' 74 Judith'yle, CMC, City C rk 75 76 77 (Corporate Seal) 78 2 35450791:1 EXHIBIT "A" DESCRIPTION OF THE PROJECT South Central Regional Wastewater Treatment and Disposal Board (SCRWTB) owns and operates the SCR Water Reclamation Facility located at 1801 North Congress Avenue. The plant was constructed in 1972 and the major aeration equipment has reached the end of its lifecycle. Flow from the two member Cities have increased and the average daily flow treated by the plant has surpassed 75% of the plants permitted capacity. Current regulations require the Board to expand the plant to meet future flow projects when average daily flows exceed 75%of the permitted capacity. The Board has approved a five year CIP which includes replacement of the major aeration equipment and plant upgrades to increase the plant's capacity from 24 MGD to 30 MGD. The project consists of the following construction activities: • Installation of new and efficient blowers to save on electrical costs and to handle additional capacity in the aeration tanks. • Replacement of the fine bubble diffusers to transfer the oxygen in to the water for more efficient treatment • Add a selector zone to create a favorable environment for microscopic bugs to thrive. • Construction on aeration basins to add depth (SWD)to increase volume • Dissolved oxygen and ammonium analyzers and controls to optimize efficiency and treatment • Hydraulic Improvements on the piping system • Construction of a second Deep Injection well in order cease using the ocean outfall • Adding additional filters to the reclaimed facility in order to meet the demands contributed by additional plant capacity (24MGD to 30MGD) and help during wet weather conditions • Additional piping to reduce hydraulic loading to the reclaimed facility At the completion of construction, the Plant will be permitted for 30.0 MGD of capacity sized to treat projected flows from both member City's at build-out. 354507!.:1