ACTION REQUESTED:
Title
Communication from the City Manager and Director of Public Works with a Request for the Following (All Council Districts):
A. ADOPT an ORDINANCE Establishing the PEORIA COMBINED SEWER OVERFLOW REMEDIATION DISTRICT; and
B. APPROVE a RESOLUTION Setting Fees Effective on May 1, 2023 with Planned, Annual Increases through May 1, 2026, for the PEORIA COMBINED SEWER REMEDIATION DISTRICT and Amending Resolution 20-088-B and 19-379-B Setting Fees for the Peoria Sanitary Sewer Rehabilitation District Setting Fees Effective on May 1 2023 with Planned, Annual Increases through May 1, 2026 for CITY SEWER REHABILITATION RATE.
Body
BACKGROUND: On December 15, 2020, the City Council approved a Consent Decree with the United States Environmental Protection Agency (USEPA) and the Illinois Environmental Protection Agency (IEPA) to remediate Combined Sewer Overflows (CSOs). This mandate requires capital investments of approximately $109 million over an eighteen (18) year time frame, beginning in 2022, to remediate combined sewer overflows
The City has applied for pre-approval to the Illinois Environmental Protection Agency's (IEPA) State Revolving Loan (SRL) program. This program provides low interest (currently 1.4%) loans to municipalities for environmental projects, such as the CSO program.
This proposal will fund payments to the IEPA SRL program for the first five (5) years of projects in the eighteen (18) year program. All owners of properties in the City limits, indirectly or directly connected to public combined or sanitary sewers, would pay the proposed fees.
The attached CSO Fact Sheet includes more information.
In the near future, staff will bring further information about the SRL approval progress to the City Council. Having approved, future revenue in place will strengthen our formal application.
FINANCIAL IMPACT: Property owners' sewer bills are based on the amount of water used.
The average 3-person household uses approximatel...
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