DISTRICT CAPITAL MASTER PLAN FOR 2015 - 2024
The Platte Canyon Board of Directors recently approved a Capital Master Plan for 2014 - 2023. The purpose of the master plan is to itemize, prioritize and schedule water and wastewater facility expansion, rehabilitation and replacement projects as well as vehicle purchases to enhance the accuracy and effectiveness of budgeting and cash flow analysis. The Plan enables the District to be proactive in confronting water and sewer system modifications and rehabilitation.
The 2015 - 2024 Capital Master Plan proposes expenditure of $1,335,770 in 2015 and $5,604,884 during the 10-year period extending from 2015 to 2024. This compares with last year’s master plan projected expenditures for 2015 amounting to $934,124 and 10-year period expenditures totaling $5,342,426. Water facility replacement projects account for 51% of the total proposed expenditures while sewer rehabilitation expenses and vehicle and equipment purchases account for 21% and 28% respectively.
Expenditures called for in this Capital Master Plan will result in a reserve fund balance of $9,326,528 at year-end 2015. This amount has been determined to provide adequate reserves to meet expenditures proposed in the Capital Master Plan. No increases in tax revenues, tap fees or annexation fees will to be required to meet the goals of the current plan.
Vehicle replacement costs for the period between 2015 and 2024 are projected to be $1,560,000, $176,000 more than the amount proposed in last year’s vehicle replacement schedule. Two mobile units are scheduled to be replaced in 2015; one pick-up truck and the District’s combination sewer cleaner/vacuum truck. The two units are projected to cost $391,000.
Total capital expenses during the 10-year planning period are $5,604,884; 53% of the projected year end 2014 reserve fund balance of $10,523,457. Cash financing is anticipated for all capital projects and no increases in property tax rates, tap fees or service charges are proposed over the 10-year period.
Capital projects proposed for construction during 2015 include the following:
Columbine West Pump Station Rehabilitation - The 43-year old Columbine West pump station provides peak water flow and fire flow capability to 330 homes in the Columbine West Subdivision located generally between S. Pierce Street, W. Coal Mine Avenue, S. Wadsworth Blvd. and W. Ken Caryl Avenue. Numerous small leaks have occurred on the steel piping within the pump station, and the pumps and motors have not been replaced or had major work since they were installed in 1972. The cost to make repairs, replacements and upgrades to the pump station and piping is estimated to be $718,750.
Normandy Estates Subdivision Sewer Rehabilitation - During the past two years, District operations staff conducted a comprehensive condition assessment of all 8-inch and 12-inch concrete sewer pipe and determined that all 17,826 feet of concrete pipe needs to be rehabilitated. As such, all the concrete pipe has been scheduled for rehabilitation between 2014 and 2019. The first phase of rehabilitation occurred in 2014 with the cured-in-place lining of 1,814 feet of 8-inch and 625 feet of 12-inch concrete pipe in the Columbine Heights Subdivision. Phase two of this project consists of cured-in-place lining of 3,383 feet of 8-inch pipe in W. Rowland Avenue, S. Normandy Cir., W. Quarles Dr. and S. Windsor Court in the Normandy Estates Subdivision. Forty service connections will be reestablished and 14 manholes will be spray lined as part of the project. The estimated cost of the project including design engineering and contingencies is $201,020.
Miscellaneous Sewer Rehabilitation - The capital plan for 2015 also reserves $25,000 for cured-in-place lining of unspecified segments of sewer pipe. These funds will only be spent in the event that routine video inspections reveal a need to perform immediate repairs of existing sewer mains.
More information relative to the above mentioned projects will appear on the web site when scheduling information is available.
The entire Capital Master Plan for 2015 - 2024 is available for download or review by clicking here.