City Council Minutes 1993 03 09 - Laserfiche WebLink

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Davidson: No. They're putting in the same money we're putting in. They have the same rights we have. The last thing now is that the attorney's are going to get together and hammer some of these things out. REITFRN TO - DISCUSSION/DECISION ON PARTICIPATION IN NORTHERN COLORADO WATER CONSERVANCY DISTRICT SOUTHERN PIPELINE PROJECT AND PURCHASE OF WATER Tom Phare, Director of Public Works, stated that the current agreement calls for Louisville to, upon all of the contingencies being removed, provide $109,060.00 for part of Louisville's share of the cost of engineering, planning, environmental studies, and other work on the project already expended by the District. There was $197,270.00 estimated to cost for engineering from that date forward. He expected those numbers to switch a little, but the total would be the same. He stated that if the $109,060.00 was prorated out from 3 c.f.s, to 4 c.f.s, which is a 33% increase, that number would b $145,050.00. He stated that $197,270.00 prorated upward would be $262,369.00. Mayer: These numbers, as originally drafted, were based on our participation and on the understood participation at the time. Even if we hadn't changed our c.f.s., say, if the overall participation had gone up, I don't get the feeling that that number would have gone down. Phare: The project cost estimate has been revised downward slightly. Our agreements don't reflect it, but the update they did was about $3.3 vs. $3.5 million. I'm sure most of that is in construction. If anything, they've probably spent more money, because they' ve had some environmental concerns raised that they have addressed. They have the pipeline broken into segments based on rational break points depending on participation. The $109,060.00 was based on hard numbers at that time per their accounting system for incurred expenses. The $197,270.00 was an estimate of the engineering expense to get to bid opening dates. 12