BOARD01205

• Board Meeting Date: 2/11/1981
• Description: CWCB Meeting
• Board Meetings - Doc Type: Meeting

loan application which they have submitted." The funding of the
project, as proposed in the su~mitted feasibility report, would
be as follows:
State funds (to be repaid ~y use charges)
Other funds Ibonds, etc.)

$1,433,000
1,433,000
$2,866,000

Under the proposed financial arrangement, the District
would repay the state $72,395 per year for forty years or a
total repayment of $2,895,806. Annual repayments are expected
to be levied from water sales and tap fees.
DISCUSSION
The staff has reviewed the feasibility report and met
several times with the entity and the consulting engineers.
At our request, additional input and answers to questions and
comments were submitted to the staff for fu~ther evaluation.

Based upon this review, the staff is satisfied with the

technical and engineering aspects of the proposed project with

one major exception. It is not necessary, from an engineering

point of view, to have two reservoirs. A single reservoir

at the high point in the service area could provide the necessary

storage to supply the entire system. The major purpose which

a second reservoir serves at a lower elevation, is to add to

the landscape aesthetics of an area dedicated to public use

for recreational purposes. While it is certainly within the

preroqative of the District to landscape as it desires, the
staff does not feel that construction fund monies should be

spent for this purpose.

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