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Engineering and Construction $8.0 million <br /> E.I.R. .95 million <br /> EBDA .156 million <br /> TOTAL $9.106 million <br /> <br /> Pleasanton's 31% share would be $2.82 million <br /> <br />The expansion to the DSRSD plant will cost about $9.0 million, of <br />which Pleasanton would be responsible for one half or $4.50 <br />million. Therefore, Pleasanton will need about $7.32 million to <br />cover our share of the 4.38 MGD LAVWMA expansion project and the <br />necessary expansion of the DSRSD plant. <br /> <br />These funds now in the expansion fund plus future sewer <br />connection fees paid into the fund are available to be used for <br />the expansion of the LAVWMA and the DSRSD facilities. DSRSD cash <br />flow projections show that a short fall of about $3 million will <br />occur during construction, but that cash short fall could be as <br />high as $6.0 million. <br /> <br />Method of Raisinq Cash <br /> <br />One method of raising the cash ($3-$6 million) would be to sell <br />sewer connections in advance and collect the sewer connection fee <br />prior to beginning construction on the expansion project. <br /> <br />Any program to sell sewer capacity in advance should: <br /> <br /> 1. Require that only that amount of capacity be sold <br /> · necessary to finance the expansion project -- and no <br /> more. <br /> <br /> 2. That every" property owner have an opportunity to <br /> purchase the advance capacity. <br /> <br />Pleasanton will be entitled to a maximum of 1.35 MGD of <br />additional capacity (4.38 x 31%). Sewer connection fees are <br />charged based on DUE's, with 220 GPD equal to one DUE. The <br />connection fees are $2,500 (effective 7/1/85). <br /> <br />The 1.35 MGD increased capacity would convert to 6,136 DUE's of <br />220 GPD each, which would yield a total of $15,340,000 in sewer <br />connection fees. Since only $3.0 million may be needed, the City <br />would have to sell only the capacity necessary to raise that <br />amount. To raise $3.0 million, the City would have to sell, in <br />advance, 1,200 DUE's or 264,000 GPD, rounded to 300,000 GPD. <br />Therefore, if the City sold 300,000 GPD capacity in advance, we <br />would still have 1.05 MGD capacity left uncommitted. Of the 1.05 <br />MGD, 92,000 GPD has been contracted to Castlewood for which they <br /> <br />Page 2 <br />SR85:439 <br /> <br /> <br />