SUBJECT: CONSENT AGENDA
Title
A Resolution of the Board of Trustees of the Town of Erie Authorizing Payments to Northern Colorado Water Conservancy District for Assessments and Carriage Agreements in the Amount of $556,220
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: Approve Resolution authorizing payments and authorizing staff to expend said funds for this purpose.
Recommendation
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The 2020 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 2019 Actual 2020 Budget
CBT** Carryover Fee $66,724.24 $ 66,200
CBT Assessments $329,101.20 $380,000
SWSP*** Assessment $97,368.95 $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