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2013 Water And Sewer Bond Construction Fund
from FY 21-22 Budget
In May of 2013, we issued $2 million in Water and Sewer Bonds. The proceeds from these bonds funded the Northwest water system expansion ($1,000,000) Sewer line replacements ($250,000), local lift station renovations ($250,000), and repair and repaint the Dow water tower ($500,000).
In addition, the Lake Jackson Development Corporation approved the funding of the Northwest water system. The Economic Development Fund, whose primary revenue is the optional half-cent sales tax, will provide the funding to service the debt payments on $1,500,000 in Certifications of Obligation. The Certificates were sold in October, 2013.
Northwest Water System Expansion
This project was the first of a phased approach to providing water service to the airport area.
This phase included a connection to the existing Brazosport Water Authority main, a 100,000-gallon ground storage tank, a 10,000 gallon pressure tank, booster pumps, chemical treatment facilities and a control room. These facilities are complete and located on a plant site donated by the County east of the airport. Water mains were extended to the airport to the west, to CR 220 to the north, and to the Alden development to the South. The Airport is in the process of completing their internal system and will soon connect to these lines.
This initial phase will serve up to the first 400 equivalent single-family connections around the airport and in the Alden development. Future phases would include additional ground storage and booster pumps, elevated storage, and a well system. With development of the Alden tract, this system will eventually connect back to the existing city water system.
Repair and Repaint Water Tower
This provided funds for the repair and repainting of the Water Tower known as the Dow Ag Tower (Leo Martin). This project was the first completed from this bond issue at total cost of $436,675.
Local Lift Station Renovations
This will replace the pumps and controls and upgrade the flow capacity of the existing Lift Station #16 to meet the requirements for the full build out of the Creekside subdivision ($150,000) and will replace major pumping equipment and controls at smaller lift stations ($100,000).
All of the planned projects for this bond fund are complete. Because these projects were completed under budget we have funded additional projects. This includes a project to asphalt the access road to the water plant (complete), additional lift station renovations (complete) and the repair of the Marigold sewer line (complete).
IMPACT ON OPERATING BUDGET The impact on the operating budget should be minimal. The Northwest Water System expansion will add some maintenance and operating costs, but these will be minimal until a customer base is established and consumption increases, at that point the revenue from increased sales should more than offset the increased operating costs. All of the other projects will decrease maintenance costs for repairs that are currently coming out of the operating budget and extend the life of existing infrastructure.
2013 $2.0 Million Water and Sewer Bonds 2013A $1.5 Million Certificates of Obligation As of March 31, 2021
Project To
Total Resources Date Projected
Net Proceeds from Bond Issues 2013 Water & Sewer Bonds $ 2,000,000 $ 2,000,000 Net Proceeds from Bond Issues 2013A CO's $ 1,504,241 1,504,241
Interest Earned
Prior years interest 27,343 27,343 Fiscal 2021 YTD 57 90
Total Interest Earned 27,400 27,433
Total Resources
$ 3,531,640
3,531,674
Project Original To Remaining Total
Expenditures
Budget Date to be Spent Projected
Replace Sewer Line - Center Way $ 125,000 $ 77,232 $ 0 $ 77,232 Replace Sewer Line - Begonia 125,000 94,344 0 94,344 NW Water Expansion-Engineering 2,500,000 117,173 0 117,173 NW Water Expansion 2,279,787 0 2,279,787 Local Lift Station Renovations 83-97 224,250 224,686 0 224,686 Lift station 16 renovation 150,000 83,247 0 83,247 Marigold Sewer Line 100,000 53,470 0 53,470 Repaint Water Tower - Dow Ag 500,000 436,675 0 436,675 Water Mixers for Ground Storage Tanks 0 165,060 165,060
