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9. Describe long-term strategies for the 100-year system vision. It is expected that details of <br /> these strategies will be refined in subsequent CWP updates. <br /> 13.3 City Responsibilities <br /> 1. Work with HDR team to evaluate alternatives and select CIP projects. <br /> 2. Help to select project prioritization criteria <br /> 3. Provide recent City water project bid tabulations to be used in developing the cost <br /> estimating tool. <br /> 4. Review and comment on draft CIP <br /> 13.4 Assumptions <br /> 1. City will provide available similar project cost information to help set up cost models <br /> 13.5 Deliverables <br /> 1. Draft and final CIP Microsoft Excel or Access database and project cost estimating tool <br /> 2. Draft and final CIP Chapter 10. <br /> 14.0 Task 14 — Financial Plan (CWP Chapter 11) <br /> 14.1 Objective <br /> FCS Group will develop the financial program for the 2005 Comprehensive Water System Plan <br /> Update for the City of Everett (City). The objective of the financial program, as defined in the <br /> Water System Planning Handbook published by the Washington State Department of Health, <br /> "is to identify the total cost of providing water service, assure that the utility improvement <br /> schedule will be implemented, and assist in establishing adequate fees for service." <br /> Accordingly, a financial plan will be developed for the City that will: <br /> • Identify the total cost of providing water service, both operational and capital. <br /> • Develop a funding strategy that will assure financial strength and viability for the City in <br /> both a short-term (6 years) and long-term (20 years) planning period and thus assures the <br /> City's ability to implement the schedule of capital improvements. <br /> • Estimate connection charges and water service rates to reflect the impacts of the defined <br /> capital needs and related increases in operational costs. <br /> 14.2 FCSG Services <br /> The financial program will be included in the Comprehensive Plan document as follows: <br /> 1. Past and Present Financial Condition —document a summary of water utility financial <br /> performance for the past six years and document outstanding long-term debt. <br /> 2. Available Revenue Sources - Document available sources of revenue and funding for <br /> capital and operational costs and describe historical approaches and or policies that <br /> establish the City's funding methods. <br /> 3. Capital Financing Alternatives and Approaches— Identify capital financing. Develop a <br /> financing strategy incorporating rates, connection charges, and debt financing. Identify <br /> and document Capital Funding Assistance Programs—Available State and Federal grant <br /> and loan programs. <br /> Everett Comprehensive Water Plan April 15,2005 <br /> Exhibit A—Scope of Services Page 19 of 21 <br /> :I. 1 It <br />