SUBJECT: CONSENT AGENDA
Title
A Resolution Of The Board Of Trustees Of The Town Of Erie Authorizing A Payment In The Amount Of $556,200 To The Northern Colorado Water Conservancy District For Carryover Fees And Assessments
Body
DEPARTMENT: Public Works
PRESENTER: Todd Fessenden, Public Works Director
FISCAL INFORMATION:
Cost as Recommended: $556,200
Balance Available: $921,200
Budget Line Item Number: 500.70.110.572000.000000
New Appropriation Required: No
STAFF RECOMMENDATION:
Recommendation
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The 2019 Operating Budget includes assessment fees for various water items. These are estimated amounts from the Town’s water attorney Paul Zilis; actual costs may vary. If the actual costs are more than 10% higher than the estimates, Staff will present the item to the Board for approval to pay.
Description 2018 Actual 2019 Budget
CBT** Carryover Fee $64,214.70 $ 66,200
CBT Assessments $333,451.20 $380,000
SWSP*** Assessment $83,368.64 $110,000
**Colorado Big Thompson *** Southern Water Supply Project
• CBT Carryover fees are fees paid to Northern Colorado Water Conservancy District for water that is unused in the previous calendar year
• CBT Assessments are annual fees to Northern Colorado Water Conservancy District operations costs of ditches, reservoirs, etc. for the Town’s Colorado-Big Thompson units
• SWSP Assessment is an annual assessment fees related to the use of the pipeline from Carter Lake to Broomfield to Erie
ATTACHMENTS:
a. Resolution
b. Financial Commitments