12/20/1978 - Laserfiche WebLink

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Item Identification Present Condition h. Backwash Pump (1) Century 3 H.P. Good Serial No. M7 The inventory and inspection revealed all major items were in good operating condition. The only items requiring immediate attention were diffusor piping, repairs to cracks in concrete, repairs to weirs and baffles in the settling tank and surface skimmers in the settling tank. IV APPRAISAL The basis for appraisal of this treatment plant will be on replacement value at current prices for an equivalent unit. In an effort to determine the replacement cost, Davco-Defiance was contacted and requested to quote a price for furnishing and constructing a similar unit at current prices. In addition, Davco-Defiance was also requested to quote a price based on 1973 cost data so an estimate. of depreciation/appreciation could be determined. The following list reflects the information obtained from Davco-Defiance. Item 1973 Cost 1978 Cost 1. Furnishing 100,000 gpd $45,920 $60,900 modular sewage treatment plant with tertiary sand filters 2.Labor and equipment to $13,880 $17,350 install 100,000 gpd modular sewage treat- ment plant complete and in service Total Construction Cost2 $591800 $78,250 • The above figures indicate the subject treatment unit has appreciated in value by 24% since construction in 1973. The appraised value of the subject treatment unit will consist of current re- placement cost less the cost to effect repairs to tankage and piping. (Refer to inventory list for required repairs.) Based on inventory and in- spections, it is estimated to cost $1,500 -to repair cracks in tankage, repair diffusor piping, replace sand media, repair settling tank piping, and to overhaul flow meter and chlorinator. Therefore, the appraised value of the subject treatment unit is as follows: i` k - DEC 1979 J