RES 02047 - Laserfiche WebLink

regional connection fees, in each fiscal year in an amount at least equal to 1.1 tirnes rate covenant debt service in each fiscal year. Rate covenant debt services means: (a) the sum of (1) the district's portion of debt service, on behalf of itself and Pleasanton. on the LA VWMA bonds; plus (2) debt service comprised of installment pa)ments on the DSRSD bonds, and (3) debt service on any parity obligations: less (b) the actual rate stabilization fund draw. See also "Rate Stabilization Fund for Expansion Debt Service." Regional Agreement The district provides wastewater treatment and disposal services to Pleasanton pursuant to the agreement for wastewater services, dated November 3, 1992, as amended in 1997 between the district and Pleasanton. The regional agreement generally provides that the district owns and operates the regional treatment and disposal facilities that serve Pleas- anton, while each entity operates its OW11 collection system. Pleasanton and the district have a joint fee schedule, under which regional service charges and regional connection fees are set and administered by the district. Each entity also collects local fees and charges for their respective collection systems. Implementation Agreement: The district and Pleasant on entered into a financing imple- mentation agreement dated May I, ;2000 in connection with the delivery of the DSRSD variable rate certificates of participation. Under the implementation agreement. the district and Pleasanton: (J) surrender their right to terminate the regional agreernent unless and until the certificates are discharged, (2) agree not to amend the regional agreement so as to materially adversely affect the holders of the certificates. and (3) notwithstanding the regional agreement, funds derived from regional service charges may be used to advance funds to pay expansion project debt service for the wastewater treatment plant. Wastewater Disposal LA VWMA was created in 1974 for the purpose of providing for the construction, opera- tion, maintenance. repair and replacement of LA VWMA facilities for wastewater disposal to serve the general plans of Livermore and Pleasanton and the general plans of the planning agencies that DSRSD serves. LA VWMA OW11S. operates. and maintains an export pipeline, pump station. and related facilities for wastewater disposal which benefit DSRSD. Pleas- anton, and Livermore. Effluent is conveyed through LA VWMA's 16-mile export pipeline (about 4 miles of force main and 12 miles of gravity interceptor) from LA VWMA's export pump station located in Pleasanton to the EBDA pipeline in San Leandro where it is ultimately dis- charged into San Francisco Bay. The system receives and transports treated wastewater from the DSRSD wastewater treatment plant and the Livermore water reclamation plant. The original LA VWMA export pipeline system was constructed in ] 979 and upgraded in 1986 to result in a contractual capacity limit of 2] mgd. LA VWMA is not a rnember ofEBDA. but has a contractual agreement with EBDA for firm disposal capacity right of 19.72 mgd and interruptible capacity of 21.48 mgd as the EBDA capacity allows. for a total right to discharge a capacity of 4 1.2 mgd. 7