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Lakeshore Advance, 2012-11-28, Page 7Wednesday, December 21, 2011 • Lakeshore Advance 3 Lambton Shores: Letter of acceptance sent by December 31 deadline CONTINUED FROM > PAGE 1 received the Committee report and had a chance, as a Council, to reflect and discuss fully its recom- mendations. Our mayor has made public statements on more than one occasion, and we have sup- ported hint at Council, that the plant is not dependent upon Zones 3 and 4 to operate. 'Ihe municipal- ity has never refuted his statement." onesteel said there was a 'fri- ,.Ipal agreement Nov. 29 with a decision to continue on with a 5/4 vote. "We have already made the commitment we are honour- ing this agreement- and it clearly says we have 30 days. "One party says they are in but have no money- the other partner says they would like to build a plant but not the one in the agreement and we are here today to talk about the ramifications." Bonesteel said he is frustrated by the lack of clarity. "We have five partners, the federal and provincial governments and three municipal- ities. "We would be absolutely remiss to say to our provincial and federal partners we have changed our minds- you will never see another penny from these levels of government. They have commit- ted $15 million -to this project and we have to see it throug h' Scandlan said he has worked with staff for options and has taken a look at best and worse case sce- nario. He said the whole premise was to work forward with five part- ners and a $27 million facil- ity. "You have a $15 million contri- bution from the federal and provincial government, $1 million from the (.seen fund and a 2.4 % loan- which is almost unheard of" When asked about costs for the current customers he said, "With the partnership agreements the overall impact, as in the cost per customer would have been an esti- mated $22 a year and that is to con- vert front a lagoon system to a mechanical system." I le said that $22 a year would be staged over 4-5 with an increase to current prs s of $3 or $4 per year until 2016 when the full $22 would be charged. "And that is the decision you were trying to make with your partnership," he explained. Lambton Shores treasurer Janet Ferguson said the $22 that was mentioned was the increase to the average user's utility bill - annu- ally. There are no additional charges for the existing sewer users. As a worse case scenario, Scandlan said the cost to current users; with no partners the costs would be an estimated $250 per household. Ferguson said this too would be the increase to the cur- rent user's bill with no other addi- tional charges. To get to that number they took the existing rate study and updated it with any operating and capital budget changes. As part of that the plant information was updated with the tendered numbers. 'then we took the current rates and the recalcu- lated rates and applied them to a typical or average home with 200 cat of water consumption. 'Ihe dif- ference was $22.00. Ward seven councilor John Rus- sell asked how ninny customers would be paying this and he was told the 2,7011 on the system now. That includes Grand Bend, Forest, Arkona and 'I hedford. Ward four councilor Ruth Inman said they needed to step back and clarify. "We have already built in sewage rates and have two plaster plans; one for the Grand Bend Treatment Plant and one for West Bosanquet system. We have built in replacement costs for anywhere in Lambton Shores. She said any stoney for infrastructure if for all of Lambton Shores infrastructure. Lifecyde Ferguson explains that when the lagoons were built there was no legislated requirement to have life- cycle costing - "there still isn't for wastewater but it is "highly recom- mended" by the Province and appears that it will become a requirement in the near future.' She says that when Lambton Shores standardi'red the water and wastewater nates (2003) they began implementing lifecycle costing for all of the water and wastewater assets. Lifecycle is factoring in a replacement Cost component into the rates for future replacement of the assets. "What is confusing is the correlation between debt and lifecycle. As Gary Scanlan men- tioned, the asset only hits the rates once so you shouldn't have the debt and the lifecycle layered -- meaning not including both at the same time. In this case the debt is up front so the debt repayment wilt be incorporated - as the debt is paid down, the lifecycle costs are phased in to take up that room without causing a spike to the rates. Typically the asset life far exceeds the debt allowing suffi- cient time to recover the lifecycle costs. What is unusual about this situation is everyone sees a number for Lifecycle - normally you don't, you see one number for all assets that the rate model calcu- lates out. 'lhe lifecycle is calculated based on the asset value replace- ment costs and spread across the life of the asset to level out the financial requirement and done in the background of the rate model. No doubt full lifecycle cost- ing will be high for this type of asset as it is a state of the art facility - but as Gary Scanlan alluded to it isn't a direct operating " Dovelopment Chews The plant is incorporated in to the municipal Development Charges ([X's). Ferguson explained that funds collected can be used to apply against the capital cost of the plant. "Persons building a new home in serviced areas or in the identified expansion area pay a 1)C. Any DC's collected after the plant is finished will be applied to the debt repayment, thereby reducing the amount required front the wastewater rates,' she said. Bonesteel said, "This is what 1 would like to see. 'There are a number of scenarios- that 1 am seeing- three full time- two full time double train partners- 2 single phased in single train partners. We will not be doing this on our own. In that two single -full build we would have a 70% cost- I would like to see -debt carrying- 2,700 plus + 350 on a 70% number for us with life cycle broken out- (our share $700,000) and operating costs...for each of those options. This is board of directors of a corporation- with 12,000 shareholders and we need to make decisions that stake sense that will move us ahead. Lambton Shores has to be cutting edge. "We have to tell businesses we have their best interest in mind. 1 need to see those numbers broken out so we can go back to the table." Debt Davis-Dagg said they have to think in other terms like revenue streams. "'ghat is the new way- that is where we are now...we have to think smart- we already pay two million in debt each year. We have to look at other opportunities" 'l'o that Bonesteel said he thought eco- nomic development is the best debt recovery. "But who and? " he asked !Milan said the structures; the Legacy Centre and the Shores are this municipality's economic recovery. "'This is investment. That is what the treatment plant is, that is what collection systems are --investments for the future—then people will conte. If we are not thinking down the road we are in trouble. This is the single most important decision this council will slake. So we have debt- we have millions in investments- and part of that is debt- stop this red herring nonsense about debt -1 am sick of it" Bonesteel concurred saying any- thing he has read front every econ- omist is that, " if you are a munici- pality you should invest in infrastructure now because you are never going to get stoney like this down the road." Scanlan agreed stating right now if you are going invest it is encouraged with interest rates so low. "Yours is 2.4 -you have invested in $175 million inwater and waste water and $350 million in roads, facilities to the tune of about $555 million. That is a fair stint of assets" Me decision The only decision this council needed to make 'II tesday was if they would send a letter of consent to the Tri -Munici- pal board before the December 31 dead- line. Davis-Dagg made a motion to table the decision until the next sleeting. She said she wants a lawyer to confirm by them agreeing to accept the plant- that they are not agreeing to take on the project alone and not tie their hands. Bonesteel said there is no agreement- since the two partners were not adhering to the original plan. Ile said what they were doing was the honourable thing and following through with their mediated agreement. "Are we obligated to build full plant? No - there is 30 days to reconsider," said Weber. Davis-Dagg said she wanted this to be black and white. She also wanted a public meeting Monday for those people she feels are disenfranchised and who do not know they are part of the 2,700 users of the system. (Forest,'ihedford, Arkona). It was explained that a public sleeting has to be advertised for two weeks before the meet- ing. Davis-Dagg's motion was lost. She made another motion for legal counsel to explain the agreement's meaning and that motion was also lost. It was agreed by council to send a letter of intent to honour their agreement and state they would like to continue discussions with the partners to discuss alternatives. They also agreed to get a legal opinion before the 31st deadline. • • BIG SAVINGS YOU'LL BE THANKFUL FOR. :41411111111111W'' RED RIBBON HOLIDAY SALE I 41 1 ZERO DOWN, ZERO INTEREST, ZERO PAYMENTS TILL SPRING' Come In for our Red Ribbon Holiday Sale, and save on the world's #1 selling tractor before this deal ends. 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