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The tax levy of $210,000 minus our current bond payments (due on the <br />• $1 million issue) leaves us with a surplus. An annual SWM tax levy is <br />required to fund necessary projects and his surplus is needed for the <br />next 6-7 years to pay off the 1995 projects that we will have to fund. <br />These 1995 projects are noted in the above paragraph. Accordingly, we <br />will be $600,000 in debt before we even consider other improvements <br />to such areas as the County ditches, the east Highway 10 area, or the <br />Western Area Phase III project. <br /> <br />• <br />Of all of our CIP projects,. goals, and activities, SWM funding is our <br />number one concern. <br />Trap ortati n Plan -The City Engineer will h e some <br />informa ion to provide the Council regarding the tatus of the County <br />long rang transportation plan and how this in rrelates with our City <br />long range ansportation plan. <br />At some point i time in the future, we ne to officially adopt this <br />City plan and be 'n the process of estab ' hing an official <br />transportation ma .This official mapp' g process allows us to obtain <br />right-of--way as prop ty is developed. <br />It is important for us to ork <br />as it is anticipated that th n <br />will ultimately become Cou <br />some of these routes, and the <br />have yet to be determined. , <br />million gallons per <br />need the treatme~v <br />with e County in our long range plan <br />ajo east/west connector and Waco bridge <br />y utes. The timing for construction on <br />st for some of these improvements, <br />H'WTP Expansion - In 1 94 we di an interim plant expansion <br />project. This was really hase I of th ultimate giant expansion <br />project. The balance o the plant expan ion project that is being <br />discussed is about $4 million and will ' <br />The constrw <br />preferred tir <br />operation in <br />be authorize <br />rease our capacity from 1.2 <br />y (mgd) to 2.2 mgd. is anticipated that we will <br />plant to be expanded an ' <br />oject takes about eighteen <br />would be for the plant to be <br />~'te 1997. This would require that <br />in early 1996. <br />operation by 1998. <br />onths. Amore <br />panded and in <br />nc expansion <br />Last year the Finance Director distributed information th t indicated <br />we coul not afford this plant expansion until about 1997, e <br />financ look much better at this time due to the high number f <br />connections that took place in 1994. If growth continues at its current <br />