PROJ00504

• Contract/PO #: C153334
• Contractor Name: Henry Waneka Mutual Reservoir Company c/o City of
• Contract Type: Loan
• Water District: 6
• County: Boulder
• Bill Number: FSA
• Loan Projects - Doc Type: Feasibility Study

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VII. PROJECT EYALUATION AND FINANCIAL PROGRAM

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A. General

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The feasibility of the proposed improvements to the Waneka Dam and Res-

ervoir is dependent upon the revenues generated versus the expenditures for

the project. Presented in this chapter is the projected expenditures and the

revenues that would be generated to pay the estimated costs. Comparisons are

made for both the Rehabilitation and Enlargement alternative.

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B. Projected Expenditures

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The details of the estimated project costs were presented in Chapter-VI.

How these costs are distributed throughout the project life are presented here-

in. The costs are divided into annual Operations and Maintenance ($12,000),

Replacement ($100,000 and $200,000), Capital Improvements ($1,233,OOO and $1,908,

000), Engineering ($160,000 and $20,000), and Land Acquisition ($25,000 and

$30,000) and are presented in Table-9 (page 49). The Operations and Maintenance

Costs are inflated 8% annually, based upon the Engineering News Record Construc-

tion Cost Index. The Replacement Cost was considered to occur approximately once

every 20 years, since the major replacement components would be concrete struc-

tures and only a partial replacement would be required.

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The Capital Improvements are scheduled for the 1983 period, with the design

portion of the engineering costs occuring in 1982, and the inspection costs

occuring during construction. An annual engineering cost was also included

as part of the inspection program for the structure.

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C. Projected Income

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Revenues will be received from water utility serVice charge, connection

fees, and water stock assessment. The details of the revenues are presented

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