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2005 MWMC Financial Plan
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2005 MWMC Financial Plan
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6/4/2009 12:51:56 PM
Creation date
6/1/2009 12:28:34 PM
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PW_Exec
PW_Division_Exec
Wastewater
PWA_Project_Area
MWMC
PW_Subject
Financial Plan
Document_Date
2/27/2006
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NIWMC FINANCING HISTORY <br />MWMC Formed In 1977 <br />Prior to the 1970s, the cities of Eugene and Springfield operated separate sewage treatment <br />systems. The passage of the Clean Water Act in 1972 required wastewater management to be <br />done by communities on a regional, rather than local, basis as a prerequisite to qualify for <br />Federal grant funding. As a result, Eugene, Springfield and Lane County formed the MWMC in <br />1977. <br />Relationship of the Regional Partners <br />MWMC was formed by Eugene, Springfield, and Lane County through an IGA in 1977 to <br />provide wastewater collection and treatment services for the Eugene-Springfield metropolitan <br />area. The MWMC is an "intergovernmental entity" as defined in the Oregon Revised Statutes <br />(ORS 190). <br />The seven-member Commission is composed of members appointed by the Lane County Board <br />of Commissioners (2) and the City Councils of Eugene (3) and Springfield (2). The three bodies <br />appoint one member each from their respective Board or Council. In addition, Springfield and <br />Lane County each appoint one citizen (non-elected) Commissioner, and Eugene appoints two. <br />Staffing and services needed to run and maintain the RWP have been provided in various ways <br />over the years of MWMC's existence. Since 1983, the Commission has contracted with the <br />cities of Eugene and Springfield for all staffing and services necessary to maintain and support <br />the RWP. This arrangement is stipulated in the MWMC IGA. MWMC has no employees. <br />Through an intergovernmental services agreement, the City of Eugene provides staff and <br />materials necessary to operate and maintain RWP facilities. Through the same agreement, the <br />City of Springfield provides staff and materials necessary to perform the administration and to <br />construct RWP capital projects. Both cities are compensated for actual costs by the MWMC. <br />This division of duties has provided nearly seamless administration and operation of the RWP. <br />Lane County's partnership has involved participation on the Commission and providing support <br />to the Lane County Metropolitan Wastewater Services District (CSD), which managed the <br />proceeds and repayment of the RWP general obligation bonds issued to construct the RWP <br />facilities. These bonds were repaid in full in 2002. <br />MWMC Facilities Construction <br />Construction of the MWMC Regional Wastewater Facilities (RWF) began shortly after MWMC <br />was formed. The new facilities became operational in 1984, with most of the RWF projects <br />being completed in the late 1980s. The primary sources of funding for the RWF projects were <br />approximately $80 million in Environmental Protection Agency (EPA) grants. In May, 1978, <br />voters authorized the issuance of $29.5 million in general obligation (GO) bonds by the Lane <br />County Metropolitan Wastewater Service District (CSD) to fund the local share of the RWF. <br />Environmental Protection Agency grants funded approximately $80 million in additional project <br />costs. The GO bond authorization was issued in its entirety in four separate series of bonds sold <br />between 1978 and 1982. A fifth series of bonds was issued in October 1989 for refinancing a <br />2005 MVVMC Financial Plan Page 4 <br />
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