21 ATTACHMENT 3 - Laserfiche WebLink

30 are reimbursed to Members and deficits cause an additional cash payment to LAVWMA by the Members. See “SECURITY FOR THE 2021 BONDS - Sewer Service Contract.” The 2021 Bonds are a Limited Obligation of LAVWMA. The 2021 Bonds are special, limited obligations of LAVWMA, and are only secured by a pledge of the portion of LAVWMA Net Revenues that is required to pay principal or Redemption Price of and interest on the 2021 Bonds. LAVWMA’s obligation to pay debt service on the 2021 Bonds is limited to the extent that it receives the Fixed Cost Allocation for Debt Service component of the Payments from the Members and that other Payments from the Members are sufficient to pay LAVWMA Maintenance and Operation Costs; the Fixed Cost Allocation for Debt Service component of the Payments is sized to be equal to the scheduled debt service on the 2021 Bonds (without any coverage). See, however, “SECURITY FOR THE 2021 BONDS – Rate Stabilization Fund” for a discussion of other moneys available to pay debt service on the 2021 Bonds. Permits and Regulations General. Livermore and DSRSD each separately own and operate wastewater treatment facilities that discharge fully treated effluent to LAVWMA for pumping and disposal into San Francisco Bay. Pleasanton discharges untreated sewage from its sanitary sewer collection system to DSRSD for treatment and disposal under the terms of the Regional Agreement. During wet weather events, LAVWMA is also permitted to discharge a portion of its flows to San Lorenzo Creek and/or Alamo Creek. LAVWMA is not aware of any environmental or regulatory issues that would adversely impact its ability to pump and properly dispose of wastewater effluent, or the ability of its member entities to treat and properly convey treated wastewater to LAVWMA. Permitting. LAVWMA’s NPDES permit regulating wet weather discharges was recently approved for renewal effective July 1, 2021. LAVWMA’s new permit expires June 30, 2026. Pleasanton has no related NPDES permit. Livermore and DSRSD recently applied to renew their individual NPDES permits that regulate the operation of their respective wastewater treatment facilities; neither agency requested any changes to their permit status (no changes in flow or wastewater characteristics). The individual NPDES permits issued by the Bay Area Regional Water Quality Control Board (“RWQCB”) expire on June 30, 2022. LAVWMA is not aware of any environmental or regulatory issues that would adversely impact the ability of the Members to obtain renewals of their individual discharge permits. Capacity Rights. Livermore and DSRSD discharge to LAVWMA, and LAVWMA in turn discharges to EBDA via the terms and conditions of the EBDA Agreement. The EBDA Agreement provides for a total of 41.2 mgd of peak flow capacity for LAVWMA, which is further defined as 19.7 mgd of “firm” capacity, and 21.48 mgd of “interruptible” capacity. The wet weather permit that the RWQCB granted to LAVWMA provides permitted points of discharge into San Lorenzo Creek and Alamo Creek. The outfall into San Lorenzo Creek is permitted during wet weather events when EBDA exercises its right to interrupt a portion of LAVWMA’s discharge flow (i.e., the 21.48 mgd of “interruptible” capacity). The outfall into Alamo Creek is permitted during prolonged wet weather events when all of LAVWMA’s on-site storage capacity is filled. The NPDES permit anticipates a discharge to San Lorenzo Creek approximately once every 1.5 years. There has never been a discharge to Alamo Canal, but the permit anticipates discharges only during storm events of greater than 10-year frequency. The EBDA Agreement expires on June 30, 2040, which coincides with the term of EBDA’s separate Joint Exercise of Powers Agreement. However, the EBDA Agreement allows LAVWMA to continue discharging to EBDA even after the EBDA Agreement expires, as long as LAVWMA continues to