Page 299 - CityofWataugaAdoptedBudgetFY25
P. 299
CIP AND CAPITAL PROJECTS FUNDS
FY2024-2025 WATER PROJECTS DISCUSSION
❖ Description: The 2019 Water CIP water line projects are planned for Lalagray Lane
from Watauga Road to Rosalyn Drive, MacNeal Trail from Stardust Drive South to Barry
Drive, and Rufe Snow Drive from Ridgetop Road to Hightower Drive. It is anticipated that
these projects will be underway in FY2025.
Justification: The aging water lines throughout the City are old and present frequent
maintenance issues. Systematic replacement will reduce maintenance costs and
customer problems.
Operating Impact: Savings of approximately $15,000 annually are expected in
decreased maintenance issues for the system after completion of this project. The debt
service to cover the 2017 bond issuance began in FY2018 and the debt service for the
2019 debt issuance began in FY2020.
279
