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2016-025 Council Resolution
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2016-025 Council Resolution
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7/27/2016 4:30:33 PM
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7/27/2016 3:24:25 PM
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City Council
Council Document Type
Resolutions
Meeting Date
04/11/2016
Council Meeting Type
Regular
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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 />3. FINANCING <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 />Table 4 below provides a summary of the estimated cost for each of the three options <br />considered: <br />Option <br />Construction with <br />Contingency <br />Indirect <br />(20%) <br />Total <br />Option 1: Public Areas <br />Irrigated <br />$296,000 <br />$60,000 <br />$356,000 <br />Option 2: Public Areas and <br />Townhomes Irrigated <br />$386,000 <br />$77,000 <br />$463,000 <br />Option 3: Public Areas, <br />Townhomes, and Single- <br />$2,151,000 <br />$431,000 <br />$2,582,000 <br />Family Homes Irrigated <br />3.2 FUNDING <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 />Funding Source <br />Amount <br />Surface Water Management <br />$197,000 <br />Trunk Water <br />$266,000 <br />Total <br />$463,000 <br />Feasibility Report <br />Mattamy Homes Water Reuse <br />WSB Project No. 2988-01 <br />
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