FY2024 Proposed Budget

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

2023 2027 thru

Department PUBLIC WORKS

Contact Tim Wilkey

Type Multi-Phase

V3184

Project #

Useful Life 20 years

Project Name Wastewater Digester Gas Improvements

Category Wastewater Treatment

Priority Essential (2)

MATCH % NONE GRANTEE NONE

TIF DISTRICT None PLAN None

Status Active

Description This project includes a new process to treat the digester gas to pipeline quality and infrastructure neceeary to transport conditioned gas to the pipeline network. Addionally, a High Strength Receiving Station will be installed for additional biogas feedstock. Total Project Cost: $14,000,000

Justification The 2022 Digester Complex Facilities Plan identified pipeline injection as a potential revenue generating alternative for biogas reuse. Funding may be available throught the Infrastructure and Jobs Investment Act.

Expenditures

Total

2023

2024

2025

2026

2027

1,800,000

1,800,000 10,850,000

PLANNING/DESIGN CONSTRUCTION

10,850,000

100,000 50,000

100,000 50,000

INSPECTION

ADMINISTRATION CONTINGENCY

1,200,000 12,200,000

1,200,000 14,000,000

1,800,000

Total

Funding Sources REVENUE BONDS

Total

2023

2024

2025

2026

2027

14,000,000 14,000,000

14,000,000 14,000,000

Total

Budget Impact/Other 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 Capital Projects 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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