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FacilitiesTransportation Highlights 2010 0309
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FacilitiesTransportation Highlights 2010 0309
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4/1/2010 4:25:02 PM
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4/1/2010 4:25:00 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
3/9/2010
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_CC Agenda 2010 0405
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\City Clerk\City Council\Agenda Packets\2010\Packet 2010 0405
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3/9/2010 <br />Why Move Forward Now? <br />o Avoid catastrophic failure and costly emergency <br />repairs (Davis and Doolittle) <br />o The most critical WWTP facilities are the most <br />likely to fail (headworks, FFR and electrical) <br />o Comply with NPDES Permit requirements <br />o State Revolving Fund (SRF) provides access to: <br />• federal stimulus money <br />• currently low interest rates - 2.6% on 30 year loan <br />o Incredibly favorable bidding climate - 20 to 40% <br />below engineer's estimates <br />o Low construction costs and SRF funding = I <br />3% rate increase for SFR (82 cents pe <br />13 <br />
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