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20131022 UTRWD Town of Prosper Briefing 102213Doe Branch Water Reclamation Plant Project Update Town of Prosper October 22, 2013 Doe Branch Plant Permitted for 5.225 MGD FWSD No. 10 FWSD No. 10 Northeast Regional Water Reclamation System - Doe Branch Plant July 2013 FWSD No. 10 Doe Branch Trunk Main Phase 1 Doe Branch Trunk Main Phase 2 Proposed Treatment Plant Points of Entry (Existing) Points of Entry (Future) Doe Branch Drainage Area Legend Mustang SUD Point of Entry Celina Point of Entry Prosper Point of Entry Prosper Point of Entry Doe Branch Plant •Plant --2.0 MGD •Phase 1 Trunk Main (Common-to-All) •Phase 2 Trunk Main (for Celina & Mustang SUD) Project Participants •Town of Prosper 1.0 MGD •City of Celina 0.6 MGD •Mustang Special Utility District 0.2 MGD •Denton County FWSD No. 10 0.1 MGD (Savannah & Artesia) •Oversize Capacity for Future 0.1 MGD Total 2.0 MGD Project History •2007--Contracts for participation in Doe Branch Project •February 2008 --Plant design started •Based on economic outlook, Project was on fast track •Compressed design & construction schedule -- certain equipment bid early •Severe economic downturn •October 2008 --Project put on hold Current Overview •2013 --Economic outlook good •Current wastewater flows being treated at Riverbend Plant --pending Doe Branch Plant •March 2013 --restarted Plant design •Board of Directors: –Selected “Construction Manager at Risk” alternative for construction –Determined CMAR to be best value for the Project •Completion of Plant expected late 2015 Project Costs •Design still in process --cost estimates will change •Value engineering is underway with CMAR •Evaluating alternative Project components / modification to treatment process •The early cost estimate: Ranges from $30 to $33 million –Includes costs for construction, engineering, project management, property acquisition & regulatory and permitting costs Preparations for Construction •Finalize design and scope of Project •By January 2014 --negotiate a “not-to-exceed- price” with CMAR –To cover cost of construction for Plant –Coordinate with Participants in the Project •Submit agreement for not-to-exceed-price to Board of Directors for approval •Prepare for Bond sale / other financial arrangements •Start construction Project Financing •District expects to issue bonds by January: Prosper & Celina •Up-front cost participation: Mustang & FWSD •Regarding bonds: Participants to indicate preference for interest costs during construction –Pay as you go, or –Issue bonds to capitalize interest? •Will be coordinating with all Participants to finalize Project financing Questions?