Two SWIFT Case Studies

Transcription

1 Two SWIFT Case Studies City of Bedford, TX (2015) City of Keller, TX (2016)

2 Project Team William Moriarty, P.E. Thomas Hoover, P.E.

3 Pioneers 1. First SWIFT application submitted 2. First Water Conservation application 3. First SWIFT project under construction 4. SWIFT Related State Water Plan Amendment (tied for first)

4 City of Bedford, Texas BEDFORD, TX

5 City of Bedford 165 miles of 8 to 12-inch water main 90% cast iron or A.C. Breaks increasing by 40% per year

6 City of Bedford Wanted to complete AMR system Installed 1,000 meters in incremental fashion Replace excessively leaking pipes

7 City of Bedford Amending the State Water Plan

8 City of Bedford $90 Million commitment $30 Million closed Interest rate = 2.5% Savings = $11 Million

9 City of Keller, Texas KELLER, TX

10 City of Keller $12.6 Million commitment $4.2 Million closed Interest rate = 1.1% Savings = $1.7 Million

11 City of Keller First non-native pioneers migrated from Missouri i 8 s Railroad allowed town to prosper Population 47,000 Aged water system Almost 286 miles of water mains, pipes range fro to Consistently named one of the best cities to live, raise a family, and safest cities of its size

12 Keller The Problem Excessive Leakage in older, problem pipe categories Aged, deteriorated water system Polybutylene Services

13 Replacement Mains TYPE OF MAIN: LENGTH OF MAIN IN FEET: Asbestos Cement (AC) Cast Iron 47, Thin Wall PVC (Class Pipe) 13,139 Galvanized Steel Polybutylene Services 1,068 1,560 TOTAL 63,806

14 Replacement Mains

15 Enhanced Water Loss Control Program From the most current state water plan: A e ha ced ater loss co trol progra ay i clude comprehensive water loss audits, active leak detection and repair, pressure control, replacement of water mains that are a significant source of water loss, implementation/installation of automatic meter reading (AMR) technology, implementation/installation of an advanced meter infrastructure (AMI) system to significantly reduce water loss, or other measures dee ed appropriate to pre e t or reduce ater loss.

16 City of Keller Perspective Bedford vs. Keller Application Did not have to amend the State Water Plan Application Process is now On-Line Easy for various professionals to add their sections (Finance, Engineering)

17 Keller vs. Bedford Application KELLER: BEDFORD: Amount: $12.6 million $90 million Main Replacement: 12 miles 150 miles AMR: No Yes Design: Yes Yes Program Management: Yes Yes Planning: Yes Yes Incremental Loan Closings: Yes Yes Categorical Exclusion: Yes Yes

18 Advantages of SWIFT Funding Fast Approval Better Rules, no federal cross cutters Flexible The TWDB has professionals who are very helpful, responsive TWDB willing to work closely with water systems

19 SWIFT Observations The ale dar is our e e y City Budget Adopted Christmas SWIFT Abridged Application Due Thanksgiving New Year Aug Sep Oct Nov Dec Jan Feb

20 SWIFT Observations The ale dar is still our e e y Full Application Closing Abridged Application Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov

21 SWIFT Observations Organization is your ally.

22 SWIFT Observations AMR is a o rai er

23 SWIFT Observations You a id sole sour e

24 SWIFT Observations SWIFT will let you upsize pipes ay e.

25 SWIFT Observations SWIFT will let you patch the street, but will not fund full roadway replacement.

26 SWIFT Soft Costs PLANNING DESIGN PROJECT MANAGEMENT Planning Design Project Management

27 Savings Calculator Online Visit: Savings is roughly 12% in repayment costs $10 million dollar 20 year SWIFT loan saves about $965,000 at today s rates E tity saves roughly % of Boards ost of fu ds

28 Savings Calculator Online

29 SWIFT Got Better Faster Smoother SWIFT GOT SWIFTER!

30 Keep i i d This program is only for water projects Your project must be listed in the most current State Water Plan TWDB reviews bidding documents TWDB releases funds from your escrow account based upon milestones of the project

31 Questions? Contact: William B. Moriarty, PE (512)