Lower Middlesex Water Source Evaluation Project Update March 29, 2017
AGENDA 1. Source Evaluation/Selection 2. Distribution System Layout 3. Project Scope/Project Costs/Financing Sources 4. Proposed Rates/Connection 5. Financial Sustainability Curve 6. Next Steps 7. Project Schedule 8. Questions
Source Evaluation/Selection • Objective: To identify high quality sources with high yields to supply lower Middlesex County • Methodology: 77 existing wells identified and incorporated into Decision Matrix Evaluated well yields, water quality, well construction details Identified Rosegill Wells as very favorable for use Conducted Groundwater Modeling of the Rosegill wells – Results favorable. Met with DEQ, response favorable. Recommended Selection of Rosegill wells as desired source
Distribution System Layout • Begins at Rosegill wells • Extends to Topping • Extends to Stingray Point • 2 Storage/Pumping Facilities • Approximately 120 fire hydrants
Distribution System Layout
Distribution System Layout
Project Scope/Project Costs/Financing Sources • Approximately 40 miles of pipeline – 12” - 2” • 2 Storage/Pumping Facilities • Estimated Project Cost - $17,442,838 • Proposed Financing VDH USDA County County $8,133,122 $7,609,716 $1,000,000 $700,000 2.75% 2.0% 2.5% (TBD) 30 years 40 years 30 years (TBD) Fire Hydrant $401,650 $278,179 $47,778 (TBD) Grant
Proposed Rates/Connection Fees Vacant Lot ¾” 1” RATES: Min. Rate per Month $20.00 $45.00 $45.00 Rate/1,000 gal (Above min. of 3,000 gal) n/a $10.00 $10.00 Rate breakpoint (gal/mo.) n/a 3,000 3,000 CONNECTION FEES: Initial Connection Fee (yr. 0) $5,000 $4,000 $12,500 Secondary Connection Fee (yrs. 1+) n/a $10,000 $25,000
Subscribers Needed Meter Sizes Vacant Subscribers 3/4" 1" 1 1/2" 2" 3" Lot Previous 43 421 9 1 2 0 New 40 70 9 0 2 3 New 83 491 18 1 4 3 Subscriber Base Total Subscribers 600
Financial Sustainability Curve Financial Sustainability Curve (Should never be <$0) $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Project Years
Next Steps • Submit Funding Application to VDH by April 1 • Submit PER to VDH & USDA • Press release(s) • Direct mailing to potential subscribers • Conduct subscriber meetings to recruit subscribers – April-June
Project Schedule
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