Final FY25 Adopted Budget
2024 2028 thru
Capital Improvement Plan 2024-2028 City of Iowa City, Iowa
PUBLIC WORKS
Department
Contact Tim Wilkey
Multi-Phase
Type
V3184
Project #
20 years
Useful Life
Project Name Wastewater Digester Gas Improvements
Wastewater Treatment
Category
GRANTEE NONE
PLAN None
Essential (2)
Priority
MATCH % NONE
TIF DISTRICT None
Active
Status
Total Project Cost: $16,800,000
Description This project includes a new process to treat the digester gas to pipeline quality and infrastructure necessary to transport conditioned gas to the pipeline network. Additionally, a High Strength Receiving Station will be installed for additional biogas feedstock.
Justification The 2022 Digester Complex Facilities Plan identified pipeline injection as a potential revenue generating alternative for biogas reuse. Funding may be available through the Infrastructure and Jobs Investment Act.
Prior
Expenditures
Total
2024
2025
2026
2027
2028
CONSTRUCTION
13,650,000
13,650,000
1,800,000
INSPECTION
100,000
100,000
Total
ADMINISTRATION
50,000
50,000
CONTINGENCY
1,200,000
1,200,000
15,000,000
15,000,000
Total
Funding Sources
Total
2024
2025
2026
2027
2028
REVENUE BONDS
16,800,000
16,800,000
16,800,000
16,800,000
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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