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HomeMy WebLinkAbout002-R-22 To Forgive The Remaining Balance of Thirty-Six Lead Service Line Replacement Loans Disbursed In Conjunction With The City’s Annual Water Main Improvement Project During 2018, 2019, 2020, & 202112/29/21 lkZ &*A A RESOLUTION To Forgive The Remaining Balance of Thirty -Six Lead Service Line Replacement Loans Disbursed In Conjunction With The City's Annual Water Main Improvement Project During 2018, 2019, 2020, & 2021 WHEREAS, On August 27, 2021 Gov. JB Pritzker signed into law the Lead Service Line Replacement and Notification Act; and WHEREAS, The effective date of the Lead Service Line Replacement and Notification Act is January 1, 2022; and WHEREAS, The Lead Service Line Replacement and Notification Act requires every water utility to find and replace every lead service line in the state; and WHEREAS, The Lead Service Line Replacement and Notification Act expressly prohibits partial lead service line replacements; and WHEREAS, the Public Works Agency will be offering community members full lead service line replacements beginning in 2022 in conjunction with the annual water main improvement project at no cost to the property owner; and WHEREAS, the Public Works Agency, authorized by the City Code, previously disbursed thirty-nine (39) loans in the amount of two hundred one thousand nine hundred ninety-five dollars ($201,995.00) during 2017, 2018, 2019, 2020 and 2021 to community members to cover the plumbing expenses for private side lead service line replacements in conjunction with the annual water main improvement project ; and -1- Page 1 of 3 2-R-22 and WHEREAS, three (3) of the thirty-nine (39) loans have been repaid in full; WHEREAS, thirty-six (36) loans awarded during 2018, 2019, 2020, and 2021, a list of which is attached hereto as Exhibit A, have an unpaid principal loan balance of one hundred thirty seven thousand one hundred thirty four dollars and twenty seven cents ($137,134.27); and WHEREAS, staff recommends the City of Evanston forgive the unpaid principal loan balance of one hundred thirty seven thousand one hundred thirty four dollars and twenty seven cents ($137,134.27) on the remaining thirty-six (36) loans because the City will be paying for private side lead service line replacements in conjunction with the annual water main improvement project starting in 2022; and WHEREAS, the effective date the thirty-six (36) loans will be forgiven in the amount of one hundred thirty seven thousand one hundred thirty four dollars and twenty seven cents ($137,134.27) shall be March 1, 2022. NOW BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EVANSTON, COOK COUNTY, ILLINOIS: SECTION 1: The foregoing recitals are hereby found as fact and incorporated herein by reference. SECTION 2: The City of Evanston shall forgive the unpaid principal loan balance of one hundred thirty seven thousand one hundred thirty four dollars and twenty seven cents ($137,134.27) on the remaining thirty-six (36) loans as of March 1, 2022. See Exhibit A. --2-- Page 2 of 3 2-R-22 SECTION 3: This Resolution 2-R-22 shall be in full force and effect from and after its passage and approval in the manner provided by law. Attest: Stephanie Mendoza, City Clerk Adopted: January 10 , 2022 MGM lsarue! &J-j Daniel Biss, Mayor Approved as to form: ✓✓�cliola,s �. L'umntcng,.I Nicholas E. Cummings, Corporation Counsel Page 3 of 3