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Cit;/ f Pleasa'nton ) <br /> !2A <br /> REPORT <br /> <br /> December 17, 1985 <br /> <br />HONORABLE CITY COUNCIL <br />Pleasanton, California <br /> <br />Report on Advance Sale of 300,000 GPD Sewer Capacity <br /> <br />Members of the Council: <br /> <br />Background ~ <br /> <br />In September the City Council authorized the staff to proceed with ~he <br />advance sale of 300,000 gallons per day (GPD) of the sewage capacity to be <br />created by the LAVWMA and DSRSD expansion projects now underway. The sole <br />purpose of the advance sale of the capacity was to ensure funds were <br />available to meet the cash flow requirements of the two construction <br />projects. <br /> <br />A legal notice was published for 30 days stating how to apply for the <br />advance sale capacity and the conditions of the sale. A copy of the legal <br />notice is attached. As indicated in the notice, applications were accepted <br />through November 22, 1985. Twelve applications were received representing <br />1,594.8 acres of property for 1,991,750 GPD of capacity. <br /> <br />The purpose of this report is to inform the Council of the status of the <br />advance sale program and to receive authorization to proceed. <br /> <br />Application for Sewer Capacity Under the Advance Sale Program <br /> <br />The twelve applications received are summarized on the next page, showing <br />the applicant, acres represented in the application, GPD requested, and <br />land use designation of the property: <br /> <br />Page <br />SR85:611 <br /> <br /> <br />