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Sewer fix comes in under budgetThu, 01/12/2006 - 4:09pm
By: John Munford
Peachtree City’s Water and Sewer Authority saved money on a recently-completed sewer rehabilitation project. The final cost came $12,100 under budget, necessitating a change order outlining various credits for parts of construction that were budgeted but never needed. The $319,951 project was built by Crawford Grading and Pipeline, Inc. The sewer line that was replaced stretches across Riley Parkway and toward Lake Peachtree and the Tinsley Mill condominiums. The condos typically flood during heavy rainstorms. During the project, crews had to use temporary piping to handle the wastewater flow while they removed the old pipe and installed the new pipe, said WASA General Manager Larry Turner. In other business, Turner pointed out the dramatic decrease in industrial water consumption when comparing November of this year to November of last year, when industrial customers accounted for 14.6 million gallons of usage. This November, with the shuttering of printed circuit boards manufacturer Photocircuits, the industrial usage is down to 3.178 million gallons. Photocircuits had permits to use up to 325,000 gallons of water a day and now WASA is without that revenue. Still, WASA has kept a fairly sound financial picture, posting a positive cash flow in its 2004-2005 budget. The authority has about $5 million in cash reserves, which has been invested to earn interest payments, just in case the financial situation starts to go south, Turner said, adding that he likes to keep nine to 12 months working capital on hand just in case. Doing so also helps improve the authority’s bond rating, he added. login to post comments |