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HomeMy WebLinkAbout8 Life Cycle Replacement Plan Agenda Item # 8 4 4' . iE r r, , Public Utility District Memorandum To: Board of Directors From: Neil Kaufman Date: February 13, 2004 Subject: Life Cycle Replacement Plan 1. Why this matter is before the board: This is a workshop item that will discuss the overall age of the District's existing water systems facilities and the need to develop a comprehensive long-term plan to fund replacement of facilities as they reach the end of their useful life. 2. History: The Water Department's does not currently have a comprehensive Life-Cycle Replacement Plan. This issue is not addressed in either the current 2001 Water Master Plan Update or the new 2004 Water Master Plan Update. 3. New information: The presentation will discuss the attached report and any other questions that arise. 4. Recommendation: No action is required at this time. WATER SYSTEM MASTER PLAN UPDATE WHY DO WE NEED A MASTER PLAN ? • Ensure Adequate Facilities are In Place to Accommodate New Construction • Ensure that New Construction pays for the Facilities Needed WHY UPDATE ? • Existing Master Plan is Three Years Old • Acquisition and consolidation with Donner Lake and Glenshire water systems. • Master Plan Serves as Basis for Revision to Connection Fee and Facility Fee Schedules BASIS FOR THE STUDY • Land Use as Defined in Town of Truckee General Plan • For Developed Parcels, Actual Development is Used • For Undeveloped Parcels, Assumes Highest Allowable Density Per General Plan • Existing Conditions as of January 1 , 2002 FUTURE IMPROVEMENTS SECTION 7 • Need 6 new wells, assuming 1 ,500 gpm each. • Potential Well Sites are Identified • Proposed Future Improvements Based on the Potential Well Sites • Major Improvements: 1 ) Consolidation of pressure zones to 6170 zone 2) Transmission Pipelines to accommodate 6 new wells 3) Second Feed to TD along New Access Road FACILITY FEE • Section 9 Evaluates the Financial Cost of the Improvements. • The Calculation for the Facility Fees Shows a 5. 1 % Increase. • This Increases the Current Facility Fee from $ 1 .56 to $ 1 .64. FACILITY REPLACEMENT PLAN DIFFERENCE BETWEEN MASTER PLAN AND FACILITY REPLACEMENT PLAN METHODOLOGY • EVALUATE EXISTING SYSTEM • IDENTIFY PROBLEMS WITH EXISTING SYSTEM NOT MEETING EXPECTED USEFUL LIFE • REMAINING LIFE WEIGHTED AND IDENTIFIED FOR AN EXPECTED YEAR OF REPLACEMENT • PLAN COMPLETE SYSTEM REPLACEMENT OVER THE EXPECTED LIFE OF FACILITIES Facilities Replacement Plan Overall Funding Needs • A funding level of $1 ,740,000 is needed for a fully funded Facilities Replacement Program as shown in figure 5-1 . • The District with the 1996 COP and Prop 55 Bonds are currently funding just over $1 , 100,000 of Facility Replacement. • The 2004 Water Department budget includes $400,000 for pipeline replacement. • The District's current total planned expenditure for facilities replacement is $1 ,500,000. • The current planned expenditure for facilities replacement is 86% of the amount projected in this report. • Options to fully fund the facilities replacement plan will be evaluated utilizing the financial master plan. Any recommendations will be brought forth in conjunction with the financial master plan. Cost Summary Chart 2 Figure 5-1 Summary of Life Cycle Replacement Program Costs $20,000,000 $18,000,000 $16,000,000 $14,000,000 $12,000,000 o $10,000,000 I- 0 $8,000,000 - $130.6 million spread over $6,000,000 75 year period = $1.74 million annually $4,000,000 $2,000,000 ®® fill $0 I f! ,l � i �I® OF a,�. eEA I, , -i•�- ill l{lf Iti 14 �d� t { { { �� ill A , O N V (U W O N V O 0 O N N N N N M M M 0 0 0 ct' a} � � M in � to to w (p w O O n ti � (0 w O N O W O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O O N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N Year Page 1 Facilities Replacement Plan Future Impacts on Facilities Replacement Plan • New facilities constructed to accommodate growth. These facilities will increase the replacement cost, but the impact will be 75 years out. • The replacement costs are in 2004 dollars. The increase in construction cost will increase the cost of the replacement plan. • An increase in customers will provide an increase in funding for the replacement plan. • The Water System Master Plan calls for some of the current facilities to be replaced with larger facilities due to an increase in demand generated by growth. The District plans to fund these facility replacements with a combination of rates and facility fees. 1, A HOW TO INITIATE WATER BILLING TO NEW HOMES or We are having a problem What is the current practice? When an occupancy permit is issued the by Town of Truckee or Placer County notifies us and we begin monthly water billings. What is the problem? 1 . In some cases each year the Town does not notify us 2. A new family moves into the house 3. We do not know to begin water billings 4. Many months later we discover what happened 5. We tell the occupant what happened and issue a back bill 6. Unhappy customer 7. Extra work for billing department and meter readers Y i What have we tried before? 1 . Begin billing when the water service is connected 2. Begin billing when permanent electric power bill is begun 3. Begin billing at issuance of occupancy permit 4. Begin billing at time connection is made and bill one-half the normal amount Are there other options? 1 . Once water service is connected begin billing after 12 months 2. Install a meter and charge a commercial construction rate We need to be in control of the process We need to have an automatic point to begin billing