STANTEC (4) - Laserfiche WebLink

Home Browse Search

Stantec Consulting Stormwater Funding Feasibility Study Proposal Proposed Scope of Work Based on our understanding of the City's requested services, we propose to complete the following tasks. Task t - Project Initiation & Data Collection To initialize the study, we will submit a data request to the City. Shortly thereafter, we will conduct a Project Kickoff conference call with staff to: • Discuss key issues, roles and responsibilities • Confirm study objectives and further explore project drivers • Confirm data requirements and discuss the data already received • Finalize the project schedule, including key milestone dates and deliverables Prior to the Kickoff conference call, we will provide an initial data request list. We may already have some of this information from our existing work. Upon receipt we will review all data received to confirm its completeness. Kickoff Meeting iar' `rern'a _ _ t,of n In Lualuo icy 6 Ilocn cial I'Icn In Task 2 we will develop an understanding the City's existing and planned stormwater program and, among other things, how it relates to the rest of the City's utility operations. As part of this task, our team will evaluate the stormwater program from an organizational perspective in order to seek opportunities that may better align and integrate stormwater management with any other related utility services provided by the City. This organizational alignment also may shed light on intra-City funding opportunities. We will be seeking to understand the stormwater program's current and planned level of maintenance activities and capital spending. Known historic capital and operating expenses associated with stormwater activities will be used to extrapolate spending projections over the long term, in order to better understand long-term funding requirements. We will also gather information on all current and projected revenue sources for the stormwater program. We will review prior studies, master plan documents, capital plans, and service agreements (as applicable). We will also evaluate the availability of data needed for the development of equitable stormwater fees, such as GIS data sets of impervious area. Follow-up calls with staff will be made to ensure full understanding of the reviewed information. Task 3 will also be the bulk of our financial analysis, during which we will identify funding requirements of the stormwater operations and capital spending. We will develop a 10-year financial plan for the stormwater program which will include: • Evaluation of historic costs; • Projection of expenses using cost escalation factors; • Evaluation of historic revenues including arrangements with other city programs and general fund transfers; • Capital spending scenarios; and • Development of operating, capital, and financial reserve policies/goals. The financial plan will consider the viability of obtaining loans (state revolving loan, bonds, etc.), transfers (general fund or other city departments) and grants, as well as scenarios that explore the financial implications of a new PageA2 of 4