Laserfiche WebLink
7/17/2026 <br />4 <br />Project Scope <br />7 <br />City Groundwater <br />Supply Project <br />Develop two new <br />groundwater wells <br />in partnership with <br />Zone 7 including <br />transmission line and <br />distribution systems <br />Water Meter and AMI <br />System Replacement <br />Replace aging <br />metering infrastructure <br />and AMI system with a <br />modern integrated <br />system <br />Water System <br />Emergency Power <br />Improvements <br />Program <br />Upgrade emergency <br />power systems at <br />water pump stations to <br />improve reliability and <br />ensure continuous <br />operation during <br />power outages and <br />emergencies <br />Annual Water <br />Distribution System <br />Improvements <br />Annual replacement <br />and installation of <br />water mains, valves, <br />services, and <br />appurtenances <br />prioritized with street <br />resurfacing projects <br />Financing Options <br />•A public sale and a bank loan (private placement) are under consideration <br />•20- or 30- year repayment terms for a public offering <br />•20-year repayment term for a bank loan <br />•Effective interest rates range from 3.96% to 4.61% <br />•Assumes a credit rating in the AA category for public bond sale <br />8 <br />7 <br />8 <br />Page 233 of 373