Monday, April 18, 2011

WATER SYSTEM IMPROVEMENTS 2012

TOWN OF CLARKSVILLE
WATER SYSTEM IMPROVEMENTS

Clarksville Water System Study
n Completed March 2010
• Approved by VDH July 2010
n Identified Ten Projects
Ø Bottleneck on Highway 15 South...........$375,000
Ø Willow Drive and Crescent Drive……….$49,000
Ø Pine Valley Road…………………………$94,000
Ø Market Street……………………………...$155,000
> Shopping Center Loop…………………...$102,000
Ø Ferry Street………………………………..$206,000
Ø Virginia Avenue……………………………$293,000
Ø 1-inch Buffalo Road Meter……………….$2,000
Ø Flow meter and pressure gauges at RT15 Pump Station…………………………………………$30,000
Ø Master meter on finished waterline at WTP.$50,000
 Total Project Cost…………………$1,356,000
Funding
n Town submitted application for funding to VDH
n Received Initial Offer Letter on November 18, 2010
n $542,574 loan, 3% interest, 30 year term
n $813,861 as principal forgiveness (grant)
Schedule
• Upon Council's approval, design can begin
• Bid Package Ready to Advertise by November 2011
n Take Bids Mid-December
n Close on Loan in January 2012
• Construction Start February 2012
• Construction Finish July 1, 2012
n Loan Payments Begin January 2013

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