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2007/10/17 Council Agenda Packet
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2007/10/17 Council Agenda Packet
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Council Agenda Packet
Date
10/17/2007
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v <br /> Year Replacement Cost City % Yearly Share <br /> a. 2003 $54,000 12.88% $6,955.20 <br /> b. 2004 $55,000 12.88% $7,084.00 <br /> c. 2005 $6,000 12.88% $ 772.80 <br /> d. 2006 -0- 12.88% -0- <br /> 5. Rolling/Moving 5 year cost averages. <br /> For each year of this Interlocal Agreement, and for purposes of negotiating renewals <br /> and/or extensions of this Interlocal Agreement, the first three tables above should be recalculated <br /> after inserting cost figures for the most recent year just completed while dropping out the most <br /> distant year in the column. Thus, for example, the calculation for the year 2007 should begin <br /> by inserting cost figures for 2006 and dropping cost figures for 2001. Cost figures for 2002 <br /> through 2006 will then be totaled and divided by 5 to arrive at a yearly average cost. The new <br /> yearly average cost figures will then be multiplied by 14.3% to determine pond, ditch and canal <br /> acquisition, construction and maintenance contributions and by 12.9% to determine pump plant <br /> power cost and pump plant maintenance cost contributions. <br /> SUMMARY <br /> Based upon all the above, and for purposes of determining the 2007 CITY Interlocal <br /> payment to Marshland, the following figures have been tabulated: <br /> 1. Pond, ditch and canal acquisition, <br /> construction and maintenance: $ 8,332.84 <br /> 2. Pump plant power costs: $ 7,877.48 <br /> 3. Pump plant maintenance costs: $ 4,181.15 <br /> 4. Pump plant replacement costs: $ 0.00 <br /> 5. Total $ 20,391.47 <br /> APPENDIX TO INTERGOVERNMENTAL AGREEMENT FOR <br /> ACCOMMODATING SURFACE WATER [N THE MARSHLAND <br /> FLOOD CONTROL DISTRICT BY AND BETWEEN THE CITY OF <br /> EVERETT AND MARSHLAND FLOOD CONTROL DISTRICT- PAGE 5 <br />
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