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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />Table 5 <br />Annual Water Rates and Users for FY 1994 <br /> <br />Type of User <br /> <br />Number of <br />Users <br /> <br />Residential <br /> <br />572 <br />59 <br /> <br />Rate <br />($/yr) <br /> <br />$ 373.08 <br /> <br />$405.48 <br /> <br />Commercial <br /> <br />Source: Town of Minturn <br /> <br />Table 6 provides a summary of the town's present indebtedness, The table shows the original <br />amount, the final payment year, the principal balance as of 12/31/94, the annual principal and <br />interest payment, and other information. <br /> <br />The Town of Minturn does not maintain a reserve account for water system capital replacement. <br /> <br />IV. NEED FOR PROJECT <br /> <br />A. Health & Safety <br /> <br />The water system upgrade project has direct benefits for the health and safety of Minturn <br />residents and businesses, because the principal objective of the project is to boost water supply, <br />flow, and pressure for fire protection purposes. An evaluation of the fire protection capability <br />of the Minturn water system was conducted by the Insurance Services Office (ISO) in 1993. ISO <br />identified two locations having required fire flows of 3,500 gpm and one having a 3,000 gpm fire <br />flow, Hydrant testing indicated that the water system falls considerably short of being capable <br />of delivering those flows at a 20 psi residual pressure. A copy of the ISO hydrant test results <br />is included as Table 7. <br /> <br />Additional hydrant testing was conducted in October, 1994, Table 8 presents a summary of that <br />data. System deficiencies related to inadequate system pressure are indicated in several places. <br />Static pressures taken at hydrants #30, 36, 37, and 38 all fall below 35 psi, considered by most <br />design criteria sources as the minimum acceptable level for normal system pressure, This criteria <br />is found in the State of Colorado's "Drinking Water Design Criteria", and in the "Recommended <br />Standards for Water Works" (aka "Ten States Standards"), published by the Great Lakes Upper <br />Mississippi River Board. <br /> <br />Town of Minturn Water System Upgrade Project, March, 1995 <br /> <br />13 <br />