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Res14 15325
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Res14 15325
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Last modified
2/12/2014 9:14:07 AM
Creation date
2/12/2014 9:14:06 AM
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Regular
Agency Type
City Council
Date
2/10/2014
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B. DISTRIBUTION OF CAPITAL COSTS FOR CAPITAL EXPENDITURES <br /> INCURRED AFTER COMPLETION OF STAGE 1 (EXCLUSIVE OF STAGE 2 <br /> CAPACITY EXPANSION CAPITAL COSTS) <br /> Belmont San Carlos Redwood City West Bay <br /> 9.45% 15.14% 48.57% 26.84% <br /> Notes: <br /> l. For purposes of this Subdivision B, the Joint Facilities shall include the improvements to <br /> the facilities itemized as 1-7 in Subdivision A(collectively, "Facilities")resulting from the <br /> reconstruction, replacement, rehabilitation, remodeling, relocation or repair of said <br /> Facilities or any additions thereto under the Authority's Capital Improvement Program <br /> approved, amended revised or updated from time to time by the Commission of the <br /> AuthoriTy. <br /> 2. Capital costs above include readily identifiable costs of construction, including <br /> engineering, design, construction management and supervision, change orders during <br /> construction, costs of special services, including soils studies, surveys, rights-of-way, legal <br /> and administrative expenses, preliminary engineering (;ncluding reports) and any and all <br /> other costs related to capital improvements of the Facilities. <br /> 3. Capital costs also include all costs meeting the definition of a capital expense as defined in <br /> the Authority's Capital Expense Policy as adopted and modified from time to time by <br /> resolution of the Commission of the Authority. <br /> 4. The percentages set forth above are based on actual costs, exclusive of any State and/or <br /> Federal grants received. Should any such grants be received prior to, during, or after the <br /> completion of construction, they shall be returned to each of the Agencies, in accordance <br /> with the rules and regulations which govern at the time of receipt of such grants. <br /> 5. The above distribution of Capital costs is based on each member entity's percentage of <br /> ownership of the Stage 1 Facilities plus each member entity's percentage of allocated or <br /> owned Stage 2 Average Dry Weather Flow (ADWF) capacity of the total capacity as set <br /> forth in Subdivision(c)of Section 7.2 of the Agreement. <br /> 6. Stage 2 expansion costs are distributed in accordance with Subdivision (d)(ii) of Section <br /> 7.2 of the Agreement. <br /> 7. The above distribution of Capital costs pertains to costs for the reconstruction, <br /> replacement, rehabilitation, remodeling, relocation and repair of Stages land 2 of the <br /> Project, any component thereof or addition thereto, in accordance with Subdivision (c) of <br /> Section 5.9 of the Agreement. Adjustments to the proportionate ownership of capacity <br /> rights and corresponding distribution of capital costs��shall be made to correspond to <br /> transfers of capacity rights, if any, between the Agencies pursuant to Section 73 of the <br /> Agreement. <br /> 13 <br /> SBSA_J PASuppVi_052212r_120412rforsig] <br />
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