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III. WATER BILLS <br />Addendum No. 2 to the South Beach Water System Analysis presented <br />two water bills based on two alternatives for project financing. <br />If private financing at 9% could be arranged, the bill was $49.05. <br />If part of the system utilized FmHA funds and part of the costs were <br />privately funded, the bill was presented at $42.02. <br />The estimated bills shown in Addendum No. 2 represent average <br />bills required to amortize the total Phase I project cost and includes <br />the operation and maintenance cost of $8.55 for actual water production <br />at the water treatment plant ($8.55 0&M costs are for an average water --.-,- <br />consumption of 19,000 gallons per month per connection). However, some <br />bills may actually be greater and some bills may be less, depending on <br />actual consumption. <br />The estimated water bills for the South Beach area are based upon <br />the current County rate structure: Please refer to Attachments I and II <br />as an indicator of estimated water bills based upon an estimated number <br />of connections (living units). <br />� _ _ � - � � � � 'i'h-•`na F .i.. 4L'Ftane...:i:.,*±�+ h'^'• 'i-✓.c3i�S.F`2.7.'�Ki..yzrvs/�AtAI':M^t�if+�n�'K4 <br />44�'a.�t"4 w'. i���^$Si��i.i3F". <br />III. WATER BILLS <br />Addendum No. 2 to the South Beach Water System Analysis presented <br />two water bills based on two alternatives for project financing. <br />If private financing at 9% could be arranged, the bill was $49.05. <br />If part of the system utilized FmHA funds and part of the costs were <br />privately funded, the bill was presented at $42.02. <br />The estimated bills shown in Addendum No. 2 represent average <br />bills required to amortize the total Phase I project cost and includes <br />the operation and maintenance cost of $8.55 for actual water production <br />at the water treatment plant ($8.55 0&M costs are for an average water --.-,- <br />consumption of 19,000 gallons per month per connection). However, some <br />bills may actually be greater and some bills may be less, depending on <br />actual consumption. <br />The estimated water bills for the South Beach area are based upon <br />the current County rate structure: Please refer to Attachments I and II <br />as an indicator of estimated water bills based upon an estimated number <br />of connections (living units). <br />