TRANSMITTAL LETTER FOR BOARD MEETING OF AUGUST 7, 2014
COMMITTEE ON ENGINEERING
Mr. David St. Pierre, Executive Director
Title
Authority to make payment of $3,785,000.00 to the U.S. Army Corps of Engineers for the non-federal sponsor's share of the costs associated with the Chicagoland Underflow Plan McCook Reservoir, Project 73-161-2H, Account 401-50000-645630
Body
Dear Sir:
The Project Cooperation Agreement (PCA) between the U.S. Army Corps of Engineers (Corps) and the Metropolitan Water Reclamation District of Greater Chicago (District), acting as the non-federal sponsor, for the Chicagoland Underflow Plan (CUP) McCook Reservoir Project was signed on May 10, 1999.
At this time, the Corps has requested, in accordance with Article VI of the PCA, that the District provide $3,785,000.00 for the balance of the non-federal sponsor's share of the fiscal year 2014 project costs. This $3,875,000.00 is in addition to the $6,375,000.00 that was approved by the Board at the November 21, 2013 meeting. A recent audit of the project finances by the Corps has shown that the District needs to provide an additional $3,785,000.00 of funding during the 2014 fiscal year in order to balance the accounting and bring our share of project costs to 25%. This money will be used to help pay for construction of the Main Tunnel, Slope Stabilization, Rock Wall Stabilization, Groundwater Monitoring Wells, and continued design of remaining projects.
It is requested that the Executive Director recommend to the Board of Commissioners that it authorize and approve a payment of $3,785,000.00 to the Corps.
It is further requested that the Executive Director recommend to the Board of Commissioners that the Chairman of the Committee on Finance, the Clerk, and the Treasurer be authorized and directed to make a payment to "FAO, USAED, Chicago" in the amount of $3,785,000.00 as the non-federal share due at this time, and deliver same to the Director of Engineering for disposition.
Funds are available in Account 401-50000-645630.
Requested, Catherine A. O'Connor, Director of Engineering, WSS:KMF
Recommended, David St. Pierre, Executive Director
Respectfully Submitted, Frank Avila, Chairman Committee on Engineering
Disposition of this agenda item will be documented in the official Regular Board Meeting Minutes of the Board of Commissioners for August 7, 2014