Page 413 - City of Bedford FY20 Approved Budget

CITY OF BEDFORD - FY 19-20 CAPITAL PROJECT SUMMARY

PROJECT: SWIFT 16-03 PROJECT TYPE: Water/Wastewater FUNDING SOURCE(S):
PROJECT TITLE: Automated Meter Reading (AMR) System Project Utility Repair $ 196,932

PROJECT DESCRIPTION: Certificates of Obligation $ 13,415,847
This project consists of the replacement of all meters within the distribution system $
with ultrasonic meters and reading devices that utilize cell phone service. It will also
reconstruct the current meter vaults to current standards. This project includes the $
software for billing and customer usage to follow the consumption.
$
TOTAL FUNDED $ 13,612,779
UNFUNDED $ -

PROJECT TOTAL $ 13,612,779
PROJECT COSTS Thru FY 2025 to
(amounts in 000s) 09/2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Completion Total
Design 196,932 - - - - - - 196,932
Land/Right-of-Way - - - - - - - -
Construction 13,415,847 - - - - - - 13,415,847

Landscaping - - - - - - - -
Equipment & Furnishings - - - - - - - -
Other - - - - - - - -
TOTAL COSTS 13,612,779 - - - - - - 13,612,779
SOURCE OF FUNDS Thru FY 2025 to
(amounts in 000s) 09/2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Completion Total
Current Funds 196,932 - - - - - - 196,932

GO Bonds Issued - - - - - - - -
GO Bonds Unissued - - - - - - - -
Certificates of Obligation 13,415,847 - - - - - - 13,415,847
Other - - - - - - - -

Unfunded - - - - - - - -
TOTAL COSTS 13,612,779 - - - - - - 13,612,779
OPERATING BUDGET IMPACT
MAP/PHOTOGRAPH
Will Impact Annual Cost/(Savings)
Will Not Impact Personnel $
Operations $
# of Positions: Capital $
Unable to quantify Total $
IMPACT EXPLANATION
The ultrasonic meters register lower flows than the turbine meters
used in the system. Detection of lower flows allow for the billing of
small water leaks in the customer service line. The meter reading
contract will be discontinued and the funds saved to be used for
future communication costs for the meter reading system.
PROJECT SCHEDULE START FINISH
Design 12/2015 04/2019
Land/Right-of-Way
Construction 07/2017 04/2019
Finish Out
Other
380
TOTAL SCHEDULE 12/2015 04/2019