11/06/1967 - Laserfiche WebLink

Home Browse Search

Scheduled Item No. 1: PRESENTATION OF METCALF & EDDY REPORT RE: ALTERNATIVE METHODS OF REEL 2 SEWAGE DISPOSAL. SIDE 1 lTRACK 1 I Mr. Dean F. Coburn, of Metcalf & Eddy, spoke briefly of the Final E2 Report to the Town upon Alternate Methods of Sewage Disposal dated October 1967, previously submitted to the Council. The following statement prepared by Councilman Aiken and at his request and without objection is incorporated in the Minutes: "Nowhere in this report do I find a meaningful comparison of actual costs, and, as I have stated before, the use of "present...." or "future worth" is meaningless to a resident who cannot put aside a chunk of cash so the interest will pay the bill. If he could, he would pay cash! "With the exception of footnote 2, page 37, a total cost of sewers is not given. Only a yearly charge (p. 41) or a cash cost (p. 37, 40). The foot- note on page 37 is for 15 years while residents are obligated to continue one of the bond payments for 30 years which would bring this figure for total costs for sewers to $4,115 per individual residents not including maintenance for the second 15 years. "None of the Charts show a meaningful cost of upgrading present systems, although page nl, paragraph 13 does mention it. I submit "CHART OF RELATIVE TOTAL COSTS OF SEWER DISPOSAL SYSTEMS Based on Figures in Metcalf & Eddy Report CASH FINANCING YEARLY MAINT. REMARKS Present System- ---- 41 This seems high Upgraded System 500-1,000 795-1,575 41 For those in trouble New System 2,000 3,090 41 New construction Sewers* a) Present residents 3,760 5,167 30 Includes $1,500 for loss of present system. Does not include interest on this $1,500 b) New Const. 2,260 3,667 30 New const, will not have to abandon present system *"Sewers" costs include Assessment Bonds, 6% for 15 years and General Obligation Bonds, 41g,% for 30 years in "Financing" column. * Inclusion of remaining 15 years for the General Obligation Bonds - which must be paid - raise the "Financing" Figures by $515. This makes these figures $5,682 (a) and $4,182 (b)." The Mayor expressed appreciation to Mr. Coburn for the final report of his finy Metcalf & Eddy. Scheduled Item No. 2: REPORT OF SFWSR COMMITTEE: REEL 2 BIDE 1 City Manager read letter from Mrs. P. R. ideisbart dated November 5, TRACK 1 1967 relating to Scheduled Item No. 2. - 168 Mr. C. A. Walter, Jr., Chairman of the Los Altos Hills Citizens Committee Studying Sewers,reada prepared final comment on the previously submitted final report of the Committee and requested the Committee be discharged. Without objection, the Mayor accepted the suggestion of the Chairman and so directed that the Committee Studying Sewers be dissolved with the pro- found thanks of this Council to each and every member. -2-