Issue link: https://www.e-digitaleditions.com/i/850954
E n s u r i n g a S t r o n g F u t u r e 29 | P a g e Capital Improvement Program The District's Capital Improvement Program (CIP) is the foundation of its long-range capital investment plan and integral to sound financial planning. The CIP establishes a specific list of preventive maintenance, capital replacement and improvement projects and related costs. These costs feed into the development of revenue requirements and ultimately rates. The CIP is also a major component of the Five Year Plan. With limited resources, the District must prioritize capital spending. The proposed CIP presents vital projects based on system evaluations conducted for the 2015 Comprehensive Facilities Master Plan. The proposed CIP budget is structured to position the District to take the initial steps towards achieving long term infrastructure sustainability in the most efficient manner; this approach is summed up by the 3 Rs: Reliability l Resiliency l Rate Payer Affordability Overall objectives of the CIP during this Five Year Plan include: • Prioritizing critical assets through condition assessment or replacement • Compliance with regulatory mandates • Ensuring safe and reliable water and sewer facilities • Supporting the District's AWP Program Additional priorities include refurbishing existing aging facilities, facility improvements, creating redundancy in the water distribution and transmission systems, and ongoing capitalized operations projects. By the end of the Plan, the key projects in the following table are anticipated to be completed assuming there are no major unforeseen challenges or funding issues. Key Project Name Est. Completion Influent Pump Station Wet Well Improvements 2018 36-inch Main Valve/Vault Upgrades 2018 Pump Stations 3 & 4 Surge Tank Replacements 2019 Fanita Terrace Reservoir Refurbishment 2019 Mountain View Connector Pipeline 2020 Steel Tank/Reservoir Coatings (3 tanks) 2019-2021 Blossom Valley Reservoir Roof Upgrades 2021 Trans-River Sewer Siphons Upgrade 2021 Pressure Reducing Station Installations 2021 Capitalized Operations Projects Ongoing Annual Potable Water Pipe Condition Assessment Ongoing Annual Sewer Main Rehabilitation Ongoing Annual