Agenda - Council - 06/26/2012 - Laserfiche WebLink

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the revenue collections are either slowed or accelerated. Maintaining the sewer fund balance and positive cash flow will require that the construction of sanitary sewer expansion be adjusted to match the actual growth. Ultimately, the total residential units and commercial/industrial properties paying connection charges will be the same as current projections. C. SPECIAL AREA SYSTEM IMPROVEMENTS The two alternatives for extending sewer service to this area are discussed in Section 4D. These consisted of a gravity sewer option previously described as the Northeast Trunk Sewer and of a lift station and forcemain option which will service only the Special Area. After review, the City has selected the lift station/forcemain alternate. The alternate has an estimated project cost of $1,296,900. The projected sewer connection charge revenue generated by full development of this Special Area is tabulated in Table 5.3. Table 5.3 Special Area Sanitary Sewer Connection Charge Revenue Land Use Units/Area Connection Total Charge Residential 566 units $1,271/unit $719,386 Commercial/Industrial 7 acres $3,824/acre 26,768 Total: $746,154 Table 5.3 shows that the revenue is about $550,000 short of the estimated project cost. The Special Area requires a sewer pipe extension of over 10,000 feet to provide connection to the municipal sewer system. The Special Area is simply too small to fund the extension with only connection charge revenue. Combining the Special Area Alternate 2 project cost with the 2030 MUSA project costs yield a total cost of $7,333,750. Combining the project revenue yields a total of $8,226,474. The revenue City of Ramsey Page 5-4 Comprehensive Sanitary Sewer Plan - 2012 Prepared by Bolton & Menk, Inc.