HomeMy WebLinkAbout#10 Fund transfer
To: Board of Directors
From: Mary Chapman, Administrative Services Manager
Date: January 12, 2001
Consideration of transfer from facilities fees funds to reimburse the electric
and water general funds
There have been several projects constructed during 1999 and 2000 that were paid for out of
the general fund. These projects qualify for facilities fees reimbursement. The project
descriptions are listed on the attached pages by Bob Quinn and Ed Taylor. This page is a recap
of the project costs through November 30, 2000 and the facilities fees on deposit through that
same date.
Electric Projects:
Work Order # 00-64101 Re-conductor Estates
Drive to Martis Valley Road – Primary Line $ 63,257
Work Order # 00-64107 Install switch pad,
boxes and switch at round-a-bout 8,595
Work Order # 00-64115 621 Line Underbuild 60,689
Work Order # 00-64118 Union Pacific Install
Conduits and Primary Cable 33,874
Total facilities fees projects $ 166,415
Electric Funds Available:
Facilities fees – Pre AB 1600 $ 3,764
Facilities fees – Post AB 1600 329,651
Total facilities fees on deposit $ 333,415
Water Projects:
Work Orders #s 99-74501 & 00-74503 Martis Valley
Well $ 404,729
Work Order # 00-74512 Hydrologic study for wells 47,508
Work Order # 00-74513 Drill test holes for wells 14,964
Total facilities fees projects $ 467,201
Water Funds Available:
Facilities fees – Pre AB 1600 $ 849,179
Facilities fees – Post AB 1600 158,099
Facilities fees – Global after 5/5/97 885,394
Total facilities fees on deposit $ 1,892,672
Recommendation
Authorize staff to transfer facilities fees to the electric and water general funds as
follows:
1) Transfer $166,415 from electric facilities fees funds ($3,674 from Pre-AB1600
and $162,741 from Post AB1600 All Zones) to reimburse the electric general
fund.
2) Transfer $467,201 from water facilities fees funds ($158,099 from Post AB 1600
All Zones and $309,102 from Global after 5/5/97) to reimburse the water general
fund.
Memo
To: Mary Chapman
From: Bob Quinn
Date: 12 January 2001
Subject: Facility Fees
The following projects have been completed and qualify for facility fees:
00-64104 Reconductor Estates Drive to Martis Valley Rd. – primary line ($63,257). This
project upgraded lines serving the airport, Sierra Meadows, Joerger Road area.
Additionally, it was rebuilt as a phase in establishing a loop feed that will enable the District
to transfer load to different circuits and different substations. This project should be
considered global in nature and not be zone specific.
00-64107 Install switch pad, boxes, and switch at round-a-bout ($8,595). This project
established a switching point enabling the District to transfer load to different circuits and
different substations. This project should be considered global in nature and not be zone
specific.
00-64115 621 Line Underbuild ($60,689). This project established a new primary feed
extending east from Highway 89 North. When energized and tied thru the Featherstone
development, the District will be able to transfer load to different circuits and different
substations. This project should be considered global in nature and not be zone specific.
00-64118 Union Pacific Install Conduits and Primary Cable ($33,874). This project
established a primary tie to electrical circuits from the north side of Union Pacific’s railroad
tracks to the south side enabling the District to transfer load to different circuits and different
substations. This project should be considered global in nature and not be zone specific.
Total facility fee transfer: $166,415
Memorandum
To: Mary Chapman
From: Ed Taylor, Water Superintendent
Date: 01/12/01
Subject: PROJECT THAT QUALIFIES FOR FUNDING FROM FACILITY FEES
____________________________________________________________
WO# 99-74501 & 00-74503 Martis Valley Well (Brockway Well) ($404,729)
This project was for the exploration and drilling of a water production well. This project is
complete. This project should be considered global in nature and not zone specific.
WO# 00-74512 Hydrologic Study for new Water Well Sites. ($47,508)
This project was for a study to determine locations to drill exploration wells and a water
production well for a new water source. This project should be considered global in nature and
not zone specific.
WO# 00-74513 Drilling of Test holes for Water Source ($14,964)
This project was for the drilling of test holes for a future water production well. This project is not
complete. This project should be considered global in nature and not zone specific.
TOTAL FACILITY FEE TRANSFER: $467,201