FY2024 Proposed Budget

Capital Improvement Plan 2023-2027 City of Iowa City, Iowa

2023 2027 thru

Department PUBLIC WORKS

Contact Joe Welter

Type One Phase

V3155

Project #

Useful Life 50 years

Project Name Rohret South Sewer

Category Wastewater Treatment

Priority Essential (2)

MATCH % NONE GRANTEE NONE

TIF DISTRICT None PLAN None

Status Active

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

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

Prior

Expenditures

Total

2023

2024

2025

2026

2027

60,000 130,000

60,000 130,000

360,000

PLANNING/DESIGN

LAND/ROW ACQUISITION

Total

3,500,000

3,500,000

CONSTRUCTION

175,000 175,000 350,000

175,000 175,000 350,000

INSPECTION

ADMINISTRATION CONTINGENCY

4,390,000

4,390,000

Total

Funding Sources WASTEWATER FUND

Total

2023

2024

2025

2026

2027

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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