Page 404 - City of Bedford FY21 Budget

CITY OF BEDFORD - FY 20-21 CAPITAL PROJECT SUMMARY

PROJECT: Wastewater PROJECT TYPE: Water/Wastewater FUNDING SOURCE(S):
PROJECT TITLE: Wastewater Rehabilitation Water & Sewer Utility Repair $ 550,000

PROJECT DESCRIPTION: Certificates of Obligation $ 3,674,219
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 $ 4,224,219
UNFUNDED $ 16,164,500

PROJECT TOTAL $ 20,388,719
PROJECT COSTS Thru FY 2026 to
(amounts in 000s) 09/2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Completion Total
Design 204,219 - - - 345,000 - - 549,219
Land/Right-of-Way - - - - - - - -
Construction - 10,065,000 1,000,000 4,103,700 2,575,800 1,725,000 - 19,469,500

Landscaping - - - - - - - -
Equipment & Furnishings - - - - - - - -
Other System Evaluation 370,000 - - - - - - 370,000
TOTAL COSTS 574,219 10,065,000 1,000,000 4,103,700 2,920,800 1,725,000 - 20,388,719
SOURCE OF FUNDS Thru FY 2026 to
(amounts in 000s) 09/2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Completion Total
Current Funds - 550,000 - - - - - 550,000

GO Bonds Issued - - - - - - - -
GO Bonds Unissued - - - - - - - -
Certificates of Obligation 574,219 3,100,000 - - - - - 3,674,219
Other - - - - - - - -

Unfunded - 6,415,000 1,000,000 4,103,700 2,920,800 1,725,000 - 16,164,500
TOTAL COSTS 574,219 10,065,000 1,000,000 4,103,700 2,920,800 1,725,000 - 20,388,719
OPERATING BUDGET IMPACT
MAP/PHOTOGRAPH
Will Impact Annual Cost/(Savings)
Will Not Impact Personnel $
Operations $
# of Positions: Capital $
Unable to quantify Total $
IMPACT EXPLANATION

Wastewater rehabilitation will repair openings in the pipe and
manholes, decreasing inflow and infiltration, thereby decreasing
wastewater treatment costs.

PROJECT SCHEDULE START FINISH
Design 2019 2024
Land/Right-of-Way
Construction 2020 2025
Finish Out
Other 2019 2025
369
TOTAL SCHEDULE 2019 2025