Page 416 - City of Bedford FY20 Approved Budget

CITY OF BEDFORD - FY 19-20 CAPITAL PROJECT SUMMARY

PROJECT: Wastewater PROJECT TYPE: Water/Wastewater FUNDING SOURCE(S):
PROJECT TITLE: Wastewater Rehabilitation Certificates of Obligation $ 5,419,700

PROJECT DESCRIPTION: Utility Repair Fund $ 578,333
This project consists of multiple smaller projects for rehabilitation of the sanitary $
sewer main lines. This project will complete point repairs, structural failures, reduce
infiltration and inflow issues, and in some cases, increase the size of the sewer main $
line.
$
TOTAL FUNDED $ 5,998,033
UNFUNDED $ 13,553,800

PROJECT TOTAL $ 19,551,833
PROJECT COSTS Thru FY 2025 to
(amounts in 000s) 09/2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 Completion Total
Design - - - - - - - -
Land/Right-of-Way - - - - - - - -
Construction 578,333 5,419,700 12,590,000 963,800 - - - 19,551,833

Landscaping - - - - - - - -
Equipment & Furnishings - - - - - - - -
Other - - - - - - - -
TOTAL COSTS 578,333 5,419,700 12,590,000 963,800 - - - 19,551,833
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 578,333 - - - - - - 578,333

GO Bonds Issued - - - - - - - -
GO Bonds Unissued - - - - - - - -
Certificates of Obligation - 5,419,700 - - - - - 5,419,700
Other - - - - - - - -

Unfunded - - 12,590,000 963,800 - - - 13,553,800
TOTAL COSTS 578,333 5,419,700 12,590,000 963,800 - - - 19,551,833
OPERATING BUDGET IMPACT
MAP/PHOTOGRAPH
Will Impact Annual Cost/(Savings)
Will Not Impact Personnel $
Operations $
# of Positions: Capital $
Unable to quantify Total $
IMPACT EXPLANATION

Completing repairs to the sanitary sewer system decreases the
inflow and infiltration, decreasing the cost to the City for
wastewater treatment.

PROJECT SCHEDULE START FINISH
Design 2017 Ongoing
Land/Right-of-Way
Construction 2017 Ongoing
Finish Out
Other
383
TOTAL SCHEDULE 2017 Ongoing