HomeMy WebLinkAbout03/08/2016 Council Presentation - Wastewater Acquisition and Expansion4 =mmmmm
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MARANA
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MARANA
IF INFRASTRUCTURE map AQUISITION DEBT
Wastewater Plant
and Conveyance
Net Book Value
NIL
@Jan 2012 =
$72.2M
� $16.6M -Plant & Conveyanc ,
$ 1.0M - Initial Improvements
4.1 M -Gen Fund Reimb.
$21.7M
$1.8M in annual debt service
,per year �
SOURCE OF DEBT SERVICE REPAYMENT
50% From 50% From
Wastewater Impact Water Renewable
Fee Resource Fee
Amount = $4,241 /Uni Amount = 1,771 /Uni
Who Pays Fee?
New customers wit
wastewater service
area
Who Pays
New customers within
water service ar
MARANA
50% From
50% From
50% From
50% From
Wastewater Impact Fee
Water Renewable
Wastewater Impa
Water Renewable
Resource Fee
Resource Fee
Amount = $4,241 /Unit
Amount = $1..771 /Unit
Amount = TBD Based on
Amount = TBD Based on
new infrastructure plan
new infrastructure plan
Impact Fee Project
Impact Fee Projects
Impact Fee Projects
Impact Fee Proje
F
$ 7.2M -Plant
$ 7.2M -Plant
$ 9.OM -Plant
$ 9.OM -Plant
$12.OM - Expansion
$ 1.3M - Recharge Fac.
$ TBD -Other Project
$ TBD -Other Projects
$ 2.OM - Conveyance
0.3M -NIA Allocation
0.3M - Reimb
$ 9.2M
$21.5M
$7.2M (Over l OYR Plan
�$7.2M (Over l OYR Plan)
$9.OM (Over l OYR PI
$9.OM (Over l OYR Plan
MARANA
EXPANSION
1.2MGD or 1.5MGD
Conventional
Activated Sludge
(CAS) Treatment
Plant
EXPANSION COST ESTIMATE
$18M - 1.2MGD CAS
or
$21 M - 1.5MGD CAS
(Early Estimates)
Current Wastewater Impact
Fee
Up to $12M
a � General Fund
� Sewer Conveyance Project
U .
O (Phase 1) Savings
W Up to $3M
U
ad
Other Sources Including,
Updated Wastewater Impa
Fee, Rates, General Fund
Up to $6M
■ Legally required to make debt payment(s)
■ General Fund revenues would cover any shortfall
■ Shortfall(s) will eventually be paid back as long as
impact fees are monitored and updated.. as may
be required
■ Duration of shortfall payments may impact ability to
fund other things in the future
■ Need to set up formal borrowing structure (intent)
■ March 2016 - Provide direction to engineering
consultant on preferred option (sizing and
technology)
■ April 201 6 - Incorporate preferred approach into
Capital Program
■ April /May 2016 - Solicitations for design and review
of impact fees
■ Summer 201 6 - Notice of intent to be reimbursed
from future bond proceeds
Discussion