2007-099 Council Resolution - Laserfiche WebLink

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• City of Lino Lakes, Minnesota Water and Wastewater Fee Study May 2007 Page 4 ➢ Copy of your current and previous two years budgets including revenues and expenditures for each utility ➢ A list of the anticipated capital expenditures for the current year indicating item to be purchased or the expenditure to be made, amount, and anticipated funding source for each utility ➢ A listing of all anticipated capital expenditures for the planning period 2008 through the 2018 (or lesser timer period if 2007 to 2017 is not available) indicating item to be purchased, amount, and anticipated funding source for each utility ➢ Copy of your current depreciation schedule and depreciable life use for various assets ➢ Copies of any current policies related to capital expenditures and /or funding for them including special assessments ➢ Copies of any current policies related to fund balances and /or cash balances ➢ Copies of existing debt schedules for any outstanding debt, i.e. bonds, equipment certificates, lease- purchase agreements ➢ Information about Utility sales in terms of volumes and fee revenue for each of your customer classes ➢ Information related to the anticipated growth in both residential and commercial /industrial utility sales during the planning period ➢ Current schedule of user fees and charges ➢ Copies of any engineering studies, cost of services studies and other relevant studies related to each Utility and this study Compensation We propose to complete this study as described in this proposal for the lump sum fee of $27,750 exclusive of any out -of- pocket expenses such as travel and copying. This amount would include up to three on -site meetings. We will complete the study within 16 weeks of receiving the notice to proceed provided that all necessary information is made available to Springsted in a timely manner and that City staff is available for required meetings. This draft schedule does not anticipate any unforeseen delays or other circumstances that would result in a later completion date. Should any unforeseen delays or circumstances arise, Springsted can draw on its staff of 70 professionals to keep the project on schedule to the greatest extent possible. Springsted would invoice the City for work completed based on the following schedule: Completion of Task I I Completion of Task III Completion of Task IV 50% 40% 10% 50% 90% 100%