Laserfiche WebLink
OCT 161979 <br />A,�1 i7 "I1 <br />A. <br />SVERDRUP & PARCEL AND ASSOCIATES, INC. R' 1c�L3 <br />AND <br />BEINDORF AND ASSOCIATES, INC. CY1co <br />(A JOINT VENTURE) <br />Project No. 6146 <br />August 14, 1979 <br />Mr. Jack G. Jennings <br />County Administrator <br />Indian River County <br />Board of County Commissioners <br />2145 14th Avenue <br />Vero Beach, Florida 32960 <br />Subject: Engineer's Job No. 6146, South Tax District <br />Water System Improvements <br />Dear Mr. Jennings: <br />This letter is to provide you with a summary of my meetings (last two weeks) <br />with the FmHA officials and our meeting in your office on August 9, 1979. <br />FmHA has indicated that the maximum amount of grant funds available for the <br />South Tax District project will be about $300-500,000 for Fiscal Year 1979-80. <br />Our preliminary engineering report presented monthly cost analyses for various <br />amounts of grant funds, from no grant up to 75%_grant (maximum eligibility). <br />As shown in the attached summary, a grant in magnitude of $300-500,000 would <br />result in a minimal reduction in average monthly cost for the proposed 2,500 <br />connections. <br />Based on the minimum grants available from FmHA $300-500,000, we have per- <br />formed additional evaluations to determine supplemental financings that could <br />be implemented to reduce the monthly user cost. The following alternatives <br />were evaluated: <br />1. Reduce the project size by deletion of certain water lines that are <br />used to provide fire protection flow only. <br />2. Reduce the project size by reducing the capacity of the treatment <br />plant to a level of 1,345 reserve connection capacity in lieu of 2,115 as <br />proposed. <br />3. Offsetting initial capital cost with a bond or escrowed security <br />deposit by developers for reserve capacity - based on cost per connection <br />basis. <br />REPLY TO: <br />( ) 3885 20TH STREET <br />POST OFFICE BOX 849 <br />VERO BEACH, FLORIDA 32960 <br />REPLY TO: <br />(XX 2002 N.W. 13TH STREET <br />SUITE 201 <br />GAINESVILLE, FLORIDA 32601 <br />