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<br />24 <br /> <br />TUESDAY, APRIL 28, 1987 <br /> <br />ADD END U M <br /> <br />DATE: April 22, 1987 <br /> <br />TO: Honorable Mayor and City Council <br /> <br />FROM: George W. Brown, City Manager <br /> <br />SUBJECT: Update Report--City/County Wastewater Facilities <br /> <br />During the April 14, 1987, Budget Work Session, Council requested an update report <br />covering City/County Wastewater Facilities. The most recent .report on this entire <br />matter was in a memorandum dated August 6, 1986, which was submitted to Council on <br />August 12, 1986. The following is an update of the proposed financing plan covering <br />wastewater transmission and treatment facilities: <br /> <br />PROPOSED FINANCING PLAN COVERING <br />WASTEWATER TRANSMISSION AND TREATMENT FACILITIES <br /> <br />The City's future financial obligations cover the following: <br /> <br />1. Expansion of the City's Wastewater Plant <br />from 6 MGD to 8 MGD <br /> <br />Total Cost <br /> <br />City Cost <br /> <br />$1,721,400 <br /> <br />$1,147,600 <br /> <br />2. Payment for use of diversion facilities and <br />Upper Smith River Plant (if needed for 4 months) <br /> <br />$ <br /> <br />36,537 <br /> <br />3. Construction of 54" lower Smith River intercep- <br />tor from City's Plant to new Marrowbone Plant <br /> <br />$2,871,106 <br /> <br />$ 574,221* <br /> <br />4. Buy back of PSA 2 MGD capacity allocation in <br />City's 6 MGD Plant including PSA's payment <br />toward upgrading City's Plant <br /> <br />$2,529,588 <br /> <br />5. Buy back of PSA's .666 MGD capacity in 2 MGD <br />expansion of City Plant <br /> <br />$ 573,800 <br /> <br />6. Purchase of 2 MGD future capacity <br />in Marrowbone Plant <br /> <br />$2,900,000 <br />$7,761,746 <br /> <br />* Cost of purchasing initially 2 MGD capacity in Smith River interceptor from <br />City's Plant to Marrowbone Plant. (To purchase 4 MGD capacity in this line would <br />cost $1,148,442~) <br /> <br />Based upon the above, the following is a new financial obligation schedule which is <br />divided into four phases which have been converted to July-to-July time frames to <br />match our fiscal year: <br /> <br />Phase I <br />July <br />86 <br />1$1,147,600 <br /> <br />Phase II <br />July <br />87 <br />1$36,537 <br /> <br />July July <br />89 90 <br />1$3,677,6091 <br /> <br />Phase IV <br />July <br />97 <br />1$2,900,000 <br /> <br />July <br />98 <br />I <br /> <br />NOTE: Because the fourth phase (purchase of 2 MGD capacity in the Marrowbone Plant) <br />is so distant, no specific provisions are being made for financing this phase. <br />