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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 />J <br />I <br />I <br />I <br />I <br /> <br />The bids were within the engineers estimate, and the town <br /> <br /> <br />decided that they would purchase a 100,000 gallon bolted steel <br /> <br /> <br />storage tank, with permaglas coating, 9500 feet of PVC <br /> <br />transmission line, pump station, and 7,000 of new PVC water main <br /> <br />in the city distribution system. The system also included <br /> <br /> <br />telemetering lines and control equipment to combine the new <br /> <br /> <br />system to the old storage tank and pumps. <br /> <br />Project Financing <br /> <br />Co~orado Water Conservation Board <br />Farmers Home Administration (Grant) <br /> <br />Total'Cost <br /> <br />$209,000 <br />$190,000 <br />$399,000 <br /> <br />To repay the CWCB construction advance over a 40 year period <br /> <br />the town raised water rates to approximately $14.00jmo. <br /> <br />- 5 - <br />