Speaker numbers apply only to this recording.
The special committee meeting was called to order at 5:35 PM on Tuesday, September 29, 2026, by Chair Sanchez. Present were Chair Sanchez, Vice Chairman Taylor (arriving late), Councilor Davidson, Councilwoman Graves, Councilwoman Peterson (absent initially but later joined), and Councilor Hudson (arriving late). City Clerk and policy staff were also present. The committee considered three main items: a water infrastructure funding ordinance, a tax abatement resolution for AS220 properties, and a resolution supporting city deposits at community banks.
Hi guys everyone, I guess you're excited to know that I'm calling for the special committee on lesson meetings. It is Tuesday, September 29, 535 p.m. Uh, Madam Clerk, can you please call our order call moves? Chair Sanchez. Present Vice Chairman Taylor is asking, Counselor Davidson. Sorry. Yeah. Sorry. I can add one here down tonight. Is that a tragedy? But if I if I asked you to repeat yourself, forgive me. No problem. Councilwoman Graves. Yeah. Councilwoman Peterson is absent. We have three present and two acts. Yeah, we have a four. Thank you. Um Councillor Hudson. Um say you should run a few minutes later, so she will help you at some point. Um recognize councilman workers, Susie Ubus, our city clerks, um can you all the part of it? Counselor right, also our policy staff. Thank you so much. So at this time we'll swear everyone in who plans on testifying before the committee will do all our ones. So if you want to testify at some point, we'll please stand up and commit us all the way. All right, okay. So I've definitely finded instructor and Shawna Deffy AS for 20. Cheryl Green Director of Finance Province One. Awesome, thank you. Um to the record, please. An ordinance of the City of Providence approving improvements to the Providence Water Supply Board Distribution System, including but not limited to the replacement of public and private side services and all attendant expending expenses and approving the financing thereof by the issuance of water revenue bonds and notes therefore in an amount not to exceed 26 million two hundred thousand dollars. Thank you. Um whoever's gonna present on the COVID. Um thank you, Chair and Committee for having us here. Um we um are presenting an ordinance uh for the four fourth tranche of BIM funding in the amount of 26.2 million through the drinking water state revolving fund to continue our accelerated lead replacement uh program. So this is the fourth tranche um uh from the bipartisan infrastructure law funding supporting this effort since January of 2024. We have completed 5500 led service replacements, um, utilizing the funding from the prior three that you've approved um in addition to win and grant um funding for CDS. Um we have approximately 1500 um that we can um replace through the funding we currently still have, and then this funding will allow us to replace 2,000 service lines. The funding opportunity is particularly favorable. It um is a 20-year term, zero percent interest rate, 49% principal forgiveness, as with the other ones, which is about 12.8 million. Um, so it enables us to maximize the federal resources while minimizing the um effect on our customers. So the province water board has approved these resolutions, and um we respectfully ask that um we get your support to move these forward um and happy to answer any questions. Kathy Mallow, who's the deputy general manager of Province Water, is here as well. I will thank you. Um is there any questions from the committee members? Um thank you. Thank you.