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Mr. Schwartz summarized the spreadsheets included in the meeting packet for <br />each utility fund and their specific needs. <br />• 13 lift stations <br />• Rebuild /rehab every 20 years, $2.5 <br />Water Main Needs (Total needs $37 -47 <br />• 115 miles of cast iron pipe left, 12 inch and under <br />• $35 -$45 million to rehab or replace <br />• Watertower, booster station rehab <br />• $2 million rehab costs <br />Storm Drainage Needs (Total needs of $20 million) <br />• 125 miles of pipe replacement or rehabilitation <br />• Minimum need of $10 million rehab or repair <br />• Ditches, poits, wetlands <br />• $5 million maintenance and restoration need <br />5,000 plus structures (catch basin each side of the street) <br />in <br />$5 million epair /rehab need s n <br />Mr wartz advised that the intent of tonight's presentation was to summarize <br />the s dsheets in the packet for each utility; providing background for <br />discussion at a future meeting as the Commission talks about proposed rates. Mr. <br />Schwartz noted that the ultimate goal was to provide feedback to the City Council <br />confirming whether the proposed, yet staggering, rates were appropriate given the <br />age of the City's infrastructure and a CIP of that size as recommended by the <br />Subcommittee. <br />Discussion included initial cost of the infrastructure system; repair costs versus <br />installation costs; repair costs less than total replacement costs, based on <br />restoration costs included in rates versus part of a reconstruction project; and costs <br />to construct pipes in roadways and installation of pumping stations estimated to <br />cost in excess of $450 million in today's dollar. <br />Page 10 of 11 <br />