Consider approving the TCEDC to provide the funding and budget amendment to the City of Texas City for the sewer line extension to service the northeast portion of Texas City.

The City reviewed the capacity of its waste water treatment facility at Bay Street Extension and has determined it is more economical to extend a sewer line to service the northeast portion of Texas City, than to add additional treatment facilities.  The line would be a force main and several lift stations that would run between SH 146 and SH3 (See the Attachment - it located at the end of the report.  Depending on the speed of your computer, it may take a moment to create the picture on a blank page.  you can also adjust the size of the picture to zoom in better or zoom out).  Estimated costs are a little over $4.2 million for the lines and lift station and roughly $700,000 for engineering for a total cost of just under $5 million. We are asking the board to approve $5 million. Infrastructure for development purposes is within the goals and mission of the TCEDC.  A report from AARK Engineering going into more detail is attached.  The approval of this action would also approve a budget amendment which the funds would come from reserves which has ample funds to cover.  Also, the City will administer and oversee the installation, and therefore would approve bids, etc. not necessitating additional action from the TCEDC.  Should the project be under the estimate, only those funds would be transferred and if over by more than 25%, as required under State Law, it would come back to the TCEDC for additional consideration.