Project Status : Active Project Phase : Execution Project Location :United States Total Cost : $ 68,118,000 Location : New Water Plant, 1800 E. 13th Street Map 6, location U-9 DESCRIPTION/JUSTIFICATION The first step in preparing for a plant replacement began in FY 08/09 with the hiring of a consultant to perform an assessment of the existing plant s condition and to determine the timing and size of future capacity requirements. The results of the assessment, presented to Council in July 2009, recommended construction of a new 15-million-gallon per day (mgd) lime softening facility on a new site. The cost estimates shown below are based on the conceptual plan developed during the pre-design phase. Because of the delay in securing the property, no significant work was undertaken to further the conceptual design during the past year. Cost changes from last year s CIP include inflation adjustments to 2012 dollars based on Engineering News-Record s Construction Cost Index. (Note that any future inflation is not factored in at this time.) The proposed funding source for the majority of the project will be loans from the Iowa Drinking Water State Revolving Fund (DWSRF). These loans are currently offered at 1.75% interest and will be repaid over 20 years out of water revenues. These interest rates have declined from 3% in the last year. The design capacity includes a 1.5 mgd reserve capacity for future industrial growth. The DWSRF will not fund speculative capacity, so 10% of the construction costs is shown as coming from the Water Fund. The project has been awarded a loan forgiveness of approximately $6,224,000 for constructing the facility to a LEED (Leadership in Energy and Environmental Design) certified standard.
Project completion date : 2017-06-30 12:00:00
Major organization : CITY OF AMES
Address : 531 Hayward Ave.Ames, Iowa 50014 USA Website : www.cityofames.org/
Country :United States