Bid for Lead Service Lines Replacements for Year 1 - Fiscal Note
Yes
Public Works
07400 6900920
Yes
Aug 12, 2024 - Dec 31, 2024
$0
Minnesota Public Facilities Authority
The grant agreement will cover 100% of these costs in 2024. There is no operating impact nor commitment needed after these lead service lines are replaced with copper. They will be privately owned.
Funding available in project budget which is then expected to be 100% reimbursable through the Minnesota Public Facilities Authority grant funding.
BUDGET IMPACT
List of revenues and expenditures related to this request
| Request Financing | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Revenue Sources | |||||
| Grant Funding | $1,382,246 | ||||
| Total Revenues | $1,382,246 | $0 | $0 | $0 | $0 |
| Expenditures | |||||
| Green Zones Lead Service Lines Replacements for Year 1 | $1,382,246 | ||||
| Total Expenditures | $1,382,246 | $0 | $0 | $0 | $0 |
| Net Budgetary Impact (Revenue-Exp.) | $0 | $0 | $0 | $0 | $0 |
Not Applicable
Not Applicable