DISTRICT CAPITAL MASTER PLAN FOR 2014 - 2023
The Platte Canyon Board of Directors recently approved the Capital Master Plan for 2014-2023 which calls for spending $4,104,082 over the next ten years to replace and rehabilitate water and sewer mains and maintenance vehicles and equipment. The Board adopts a revised capital plan each year in conjunction with the consideration of the annual budget. According to Kenneth Bradford, President of the Platte Canyon Board of Directors, “The Ten Year Capital Plan allows us to schedule infrastructure renewal projects and vehicle replacements during the financial planning process, and thus avoid large unanticipated expenses which could strain our ability to meeting operating and routine capital expenses within our anticipated revenue structure. We are diligent in developing long range plans to avoid asking District customers for increases in taxes or other sources of revenue. Our planning has been very successful as indicated by the fact that the District has not increased the property tax mill levy in over 20 years.”
The 2014 - 2023 Capital Master Plan proposes expenditure of $616,212 in 2014, and $5,342,426 during the ten year period extending from 2014 to 2023. This compares with last year’s master plan projected expenditures for 2014 amounting to $992,852 and ten year period expenditures totaling $4,104,082. Water facility replacement projects account for 51 percent of the total proposed expenditures while sewer rehabilitation expenses and vehicle and equipment purchases account for 23 percent and 26 percent respectively. These expenditures are not expected to necessitate an increase in annual tax or other revenues.
Capital projects proposed for construction in 2014 include the following:
Replacement of 1,560 feet of 6-inch cast iron pipe with 1,560 feet of 6-inch PVC (polyvinyl chloride) pipe in S. Chase Wy. between W. Rowland Pl. and S. Sheridan Ct. (Columbine Knolls Subdivision). Estimated cost is $398,012.
Rehabilitate 1,814 feet of 8-inch concrete pipe and 625 feet of 12-inch concrete pipe using a cured-in-place liner, reestablish 17 service connections, and line nine concrete and brick manholes in Robincrest Ln. and Meadowlark Lane north of W. Coal Mine Ave. (Columbine Heights Subdivision). Estimated cost is $112,200.
Rehabilitate using a cured-in-place method of rehabilitation various sections of sanitary sewer pipe throughout the District. Estimated cost is $25,000.
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 2014 - 2023 is available for download or review by clicking on the Capital Master Plan tab under this page.