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04-04-2016 Council Packet
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04-04-2016 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
04/04/2016
Council Meeting Type
Work Session Regular
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<br /> <br />Feasibility Report <br />Mattamy Homes Water Reuse <br />WSB Project No. 2988-01 <br /> <br />2.3.6 Right of Way <br />The proposed reuse system with Option 2 would be constructed within public right of <br />ways and public land or land owned by the Home Owner Association for the townhomes. <br />Option 3 may require additional easement or right of way dedicated through platting for <br />the distribution system. <br /> <br />3. FINANCING <br /> <br />3.1 OPINION OF COST <br />The detailed opinion of probably cost for each of the three options can be found in Appendix C <br />of this report. The opinions of cost incorporate estimated construction costs and include a 10% <br />construction contingency and 20% for indirect costs (legal, administrative, engineering, and <br />financing items). <br /> <br />Table 4 below provides a summary of the estimated cost for each of the three options <br />considered: <br /> <br />Option Construction with <br />Contingency <br />Indirect <br />(20%) Total <br />Option 1: Public Areas <br />Irrigated $296,000 $60,000 $356,000 <br />Option 2: Public Areas and <br />Townhomes Irrigated $386,000 $77,000 $463,000 <br />Option 3: Public Areas, <br />Townhomes, and Single- <br />Family Homes Irrigated <br />$2,151,000 $431,000 $2,582,000 <br /> <br /> <br />3.2 FUNDING <br /> <br />Funding for the project is proposed through development fees generated from surface water <br />management fees, and City trunk water system funds. The proposed funding for Option 2 is <br />outlined as follows: <br /> <br />Funding Source Amount <br />Surface Water Management $197,000 <br />Trunk Water $266,000 <br />Total $463,000 <br />
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