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The City' s portion of the engineering feasibility study could be funded <br /> from the Water Capital Improvement Bond for system improvement. It is <br /> recommended that if the upgrade is possible and effective in all aspects <br /> of consideration, that this project also be funded through the remaining <br /> bond funds . <br /> Although there is an initial capital expense for this upgrade, the savings <br /> in electrical expenses and operational savings would be realized well into <br /> the future . <br /> Staff requests council approval to apply for the NSP engineering rebate, <br /> and if approved, proceed with the feasibility study. <br /> If you have any questions, or concerns regarding this matter, please feel <br /> free to call me . <br /> 6-1c,/ e-4/111,7 <br /> Michael Ulrich, Director of Public Works <br />