FY2023 Adopted Budget

PUBLIC WORKS

Department

V3155

Project #

Joe Welter

Contact

Project Name Rohret South Sewer

One Phase

Type

50 years

Useful Life

GRANTEE NONE

PLAN None

Wastewater Treatment

Category

MATCH % NONE

TIF DISTRICT None

Essential (2)

Priority

Description This project would extend the 30-inch sanitary sewer pipe along Abbey Lane from Burry Drive to the west side of US Highway 218. Total Project Cost: $4,750,000 Status

Active

Justification This project will allow development within the watershed west of US Highway 218 and south of Rohret Road.

Expenditures

Total

2022

2023

2024

2025

2026

Prior

PLANNING/DESIGN

110,000

60,000

170,000

250,000

LAND/ROW ACQUISITION

130,000

130,000

Total

CONSTRUCTION

3,500,000

3,500,000

INSPECTION

175,000

175,000

ADMINISTRATION

175,000

175,000

CONTINGENCY

350,000

350,000

110,000

4,390,000

4,500,000

Total

Funding Sources

Total

2022

2023

2024

2025

2026

REVENUE BONDS

4,750,000

4,750,000

4,750,000

4,750,000

Total

Budget Impact/Other This will bring additional revenue along with additional maintenance costs. The estimated maintenance costs are less than $10,000 per year. The estimated amount of additional revenue is unknown. This serves as a declaration of official intent under Treasury Regulation 1.150-2 that it is reasonably expected that capital expenditures will be made in respect of the above-described project, such expenditures to be advanced from the Wastewater fund, and the City reasonably expects to reimburse all or a portion of the expenditures with the proceeds of bonds, notes or other indebtedness to be issued or incurred by the City in the future.

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