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Board adds Denver Water interconnect to WIFIA loan, extends initiation deadline
Summary
Englewood approved adding a Denver Water emergency interconnect project to its WIFIA loan and extended the loan's project initiation deadline to Dec. 30, 2029.
Englewood City Utilities Board members approved an amendment to the city’s Water Infrastructure Financing and Innovation Act (WIFIA) loan to add a Denver Water interconnect project and extend the loan’s development-initiation deadline.
Sarah (last name not specified), utilities staff, said the city previously closed on WIFIA funding and identified eight work packages within the water loan. Staff negotiated with the EPA to add the Denver Water interconnect — two connection locations (one at Clarkson and Shenango and another at Washington and another local crossing) — to improve system reliability and provide an emergency backup supply to the Allen Water Treatment Plant. She estimated the interconnect budget at roughly $3,000,000 and said Denver Water is reviewing the city’s design drawings.
Staff also asked to extend the loan’s substantial-completion initiation date: the original agreement allowed less time than WIFIA typically provides, so staff requested authority to initiate projects through Dec. 30, 2029. Board members asked whether federal funding availability posed a risk; Sarah said she had discussed the question with both the EPA (for WIFIA) and the state (for SRF) and that funds already committed to Englewood were set aside and not in immediate jeopardy. She said the state had already received federal SRF funds and that WIFIA had set aside the city’s allocation since the agreement was signed.
The board voted to approve the WIFIA amendment as written.
