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1993-073
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1993-073
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Last modified
8/8/2019 12:08:27 PM
Creation date
8/8/2019 11:55:09 AM
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Resolutions
Resolution Number
1993-073
Approved Date
03/23/1993
Resolution Type
Revenue Bonds
Subject
Preliminary Official Statement Water & Sewer Revenue Bonds
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t The County also receives Impact Fees in connection with the System. Impact Fees are not pledged as <br />a security for the Bonds. While the County may pledge the Impact Fees in the future, the County presently has <br />no intention to pledge Impact Fees as security for the Bonds. Impact Fees for the last five Fiscal Years ended <br />September 30 are as follows: <br />Fiscal Impact Fees <br />Year _(000's)_ <br />1986 $1,092 <br />1987 1,739 <br />1988 2,852 <br />1989 932 <br />1990 3,329 <br />1991 5,287 <br />1992 1,775 <br />DESCRIPTION OF THE CAPITAL PROJECTS <br />f•^ A portion of the proceeds of the Series 1993 Bonds, approximately $17,700,000, is being used to finance <br />i <br />in the costs of acquisition, construction and equipping of certain additions, extensions, and improvements to the <br />s?n System required to increase System capacity and meet projected growth. These improvements include the <br />following water and wastewater projects: <br />Water Projects <br />1. The expansion of the South County Reverse Osmosis Water Transmission Plant ("ROWTP") System to <br />provide an additional 1.5 million gallons a day (MGD) at an approximate cost of $1,125,000. <br />2. The construction of a 3 million gallon water storage tank and HSP (High Service Pumps) station at <br />North Region ROWTP at an approximate cost of $3,200,000. <br />3. Addition of Roseland elevated storage tank at an approximate cost of $975,000. <br />4. Construction of various projects for phase 11 to extend water lines to existing subdivisions of the County <br />at an approximately cost of $1,200,000. The County has previously adopted a capital improvement <br />program consisting of six (6) phases that involve extension of water lines to increase the numbers of <br />customers on the System. The County has previously constructed phase I and is in the process of <br />constructing phases It and Ill. <br />5. Construction of various projects for phase Ill to extend water lines to existing subdivisions of the County <br />at a estimated cost of $2,000,000. <br />Seger Projects <br />1. The expansion of the West Region Wastewater Transmission Plant ("WWTP") System to provide an <br />additional 2.0 MGD at an approximate cost of $4,300,000. <br />2. The construction of an effluent connection force main between West and Central Regions to provide <br />additional wastewater flow at an approximate cost of $4,900,000. <br />21 <br />
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