Laserfiche WebLink
•~ • <br />~- -'~ <br /> <br />II. RECOMMENDATION <br />The Committee urges Council to cause to have prepared six (6) <br />separate bond issues covering the areas summarized below: <br />1. Utilities Projects: $8.2 million in Revenue Bonds, for <br />expenditure within 12 months of passage, including: <br />Water Supply & Distribution $ 104,000 <br />Main Plant Plase I Expansion 3,614,000 <br />Fairmont Parkway Interceptor 4,434,000 <br />Water Tower and Lines 1,076,000 <br />East La Porte/Bayshore Sewer Relief 1,380,000 <br />Big Island Slough/Other Sewer Projects 1,455,000 <br />Contingency 37,000 <br />Sub-total _ <br />$ 12,100,000 <br />less: College View Bond Sale Proceeds < 3,400,000> <br />Total $ 8,700,000 <br />2. Thoroughfare and Stormwater Projects: $5.5 million in General <br />Obligation Bonds, for expenditure within 12 months of <br />passage, including: <br />Project F101-00-00, Channel Diversions <br />from northwest areas of La Porte to <br />Big Island Slough to B106-00-00 $ 901,000 <br />Project B106-00-00 Channel lining of <br />portion of Big Island Slough to <br />acomodate growth and additional flow s 675,000 <br />Curb and Gutter and widen to 4 lanes <br />Broadway from Ave. "G" to Fairmont 749,000 <br />Curb, gutter, Stormwater improvements <br />to East "E" from San Jacinto to Park 1,742,000 <br />Project F216-00-00 Little Cedar Bayou <br />upstream improvements from Barbours <br />Cut to "H" or "L" Street in Lomax 1,424,000 <br />Contingency 9,000 <br />Total $ 5,500,000 <br />3. Landfill Site: $ 4.0 million in General Oblig ation Bonds for <br />purchase and construction of a municipal landfill for <br />expenditure within 12 months of passage (which cost is <br />to be off-set through user fees). <br />Total $ 4,000,000 <br />- 6 - <br /> <br />