General — Alpine

Purpose To consider and approve a resolution increasing water utility base rates to support debt service associated with financing the construction of a new municipal water well and related system improvements. Background The City recently identified a failure of a municipal water well, resulting in a significant reduction in available water production capacity. This condition presents an imminent threat to public health and safety, including risks to system pressure, fire flow capability, and overall water supply reliability. In response, the City is pursuing the development of a new municipal water well and related infrastructure improvements. Preliminary cost estimates for this work ra...

Purpose To consider and approve a resolution authorizing the City to apply for and receive loan funds from Communities Unlimited for the purpose of financing the construction of a new municipal water well and related water system improvements. Background The City has experienced a failure of a municipal water well, resulting in a significant reduction in water production capacity and creating an urgent need to restore system reliability. This condition poses risks to public health and safety and requires immediate action to ensure adequate water supply and system performance. To address this need, the City is pursuing financing options to support the construction of a new municipal water ...

Purpose To consider and approve a resolution expressing the City’s official intent to reimburse expenditures related to the construction of a new municipal water well and related system improvements from the proceeds of future obligations, including utility system revenue bonds. Background The City has experienced a failure of a municipal water well, resulting in a significant reduction in water production capacity and creating an imminent threat to public health and safety. In response, the City is pursuing the construction of a new municipal water well and associated infrastructure improvements. To expedite project implementation, the City may incur costs prior to securing long-term fin...