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FISCAL YEAR 2002 TO FISCAL YEAR 2006 rr rr rr �■■ r r rr r r rr r � r r r r r r �r Town of Agawam, Massachusetts Capital Improvement Program Fiscal Year 2002—Fiscal year 2006 Advancement Through The Ages �+ A � I .;r Agawam Senior Center Agawam Senior Center (196N-1977) (1977— 2003) Submitted by Richard A. Cohen, Mayor (� w r wr w w w r w� r w r■� w� ■■ir ■w �r■r r r► �r i Town of Agawam Capital Improvement Program Fiscal Year 2002 Fiscal Year 2006J1 TABU OF CONTENTS I PAGE NUMBER (1) Cover Memorandum to Town Council 1 (2) Introduction 2 (3) List of Projects (Bonding &Appropriation Schedules) (FY2002 - FY2006) 5 (4) Project Descriptions is (5) Bond Payment Spreadsheet 21 (6) Chart - Existing Bond Costs 22 (7) Chart - Budget Appropriations 23 (8) Chart - Projected New Bond Costs 24 (9) Chart - Projected Total Bond Costs (before grants and reimbursement) 25 CO (10) Chart - Projected Total Bond Costs (after grants and reimbursement) 26 Town of Agawam 36 Main Street, Agawam, Massachusetts 01001 Telephone (41S) 786-459,0 1 FAX (415) 786-9997 Richard A. Cohen, Mayor Memorand To: Agawam Town Council From: Richard A. Cohen, Mayor Re: Capital.Improvement Program (Fiscal Year 2002 - Fiscal Year 2006) Date: April 12, 2001 ----------------------------------------------------------------------------------------------------------------------- Pursuant to Section 5-3 of the Agawam Home Rule Charter, I hereby submit the Capital Improvement Program for Fiscal Year 2002 to Fiscal Year 2006 to the Agawam Town Council. The Capital Improvement Program is a prioritized plan of proposed capital improvements over the next five fiscal years. The major purposes of the Capital Improvement Program are as follows: (a) to develop and prioritize needed proposed capital improvement projects; (b) to research and estimate the revenue necessary to fund proposed capital improvement projects; (c) to set parameters on the revenue dedicated to fund proposed capital improvement projects; and (d) to forecast future principal and interest expenditures. The program presented represents a realistic financially feasible long term program. With the fiscal uncertainty presented by the Education Reform Act, as well as, diminishing state grant and project reimbursement money, the proposed plan may be delayed in its implementation. As revenue estimates become available, revisions shall be made and incorporated in the capital budget portion of the annual budget. Please call with any questions. Respectfully submitted, Richard A. Cohen, Mayor 1 4„ Town of Agawam Capital Improvement Program Fiscal Year 2002 - Fiscal Year 2006 INTRODUCTION For the purposes of this Capital Improvement Program, a capital improvement is a project or undertaking which provides for(i)the planning, design, construction,reconstruction,renovation or replacement of a public building or facility; (ii) an addition to a public building or facility; (iii)the purchase of land,buildings or facilities for a public purpose; or (iv) a long range development study. While the type of improvement is the basic criteria, a project costing at least $20,000 that has a life expectancy of ten (10) years or more is generally considered to be a capital improvement. The Capital Improvement Program is designed to accomplish the following purposes: 1. To utilize town funds for capital improvements which are compatible with the town's mission of effective and efficient provision of quality services to the citizens and businesses of Agawam which in turn enhance the quality of life in our community; 2. To undertake Capital Improvement Projects on a coordinated basis; 3. To inform the community when needed and planned Capital Improvement Projects and corresponding expenditures are to be expected and initiated in the future; 4. To utilize town funds on the basis of community priorities in coordination with the availability of grants and/or other state, federal or private reimbursements; and 5. To undertake Capital Improvements after careful planning and financial analysis to avoid an undue burden on the town's fiscal capacity now and in the future. 2 r rr a� rr rr r■F rr ■r r � r r r rr �r r r r r After many years of limited capital investment, the town was faced with many desperately needed projects which had to be undertaken in spite of projected limited revenue growth. Fiscal restraint and careful planning are required to assure long term stability, and care must be taken in project development and implementation in order that bond sales are timed so that principal and interest costs occur in the year scheduled. In addition, the funding requirements of the Education Reform Bill have placed severe limits on the Towns ability to undertake needed capital improvements. In developing this Capital Improvement Program the following general assumptions on fiscal capacity were assumed and applied: 1. Growth in total property tax revenues will continue to be limited by the restraints of Proposition 2 % and no debt exclusion overrides are contemplated in this plan; 2. The town will pursue the maximum property tax revenue allowed by Proposition 2 112; 3. For the upcoming fiscal year and future years, the Administration is continuing to recommend a greater emphasis be placed on capital improvements; and 4. During the next five years, the town should: a. Limit General Fund principal and interest payments to approximately $1 million dollars per year; b. Appropriate as much funding as possible annually from the general fund for capital improvements on a pay as you go basis while maintaining existing service levels; and C. Utilize the Stabilization Fund to assist in meeting the above referenced goal for level principal and interest payments. The process of capital planning involves setting priorities within the fiscal capability of the town. Each year the entire plan is reviewed in light of changing needs and requirements. There are more needs for improvements by town departments that can be included in a five year time period, and certainly the net school spending requirements of the Education Reform Bill may cause further delays in making capital improvements. 3 In developing the recommended Capital Improvement Program, the following priorities were addressed: 1. Growth - The town must meet the needs of a growing population and at the same time direct and manage growth through the timing of public utility expansion; 2. Improve or Assist Service Deliverk - Projects that will reduce the need for staff increases or make staff operations more efficient have been given priority; 3. Facilities New and Maintenance of Existing Facilities - When Proposition 2 Yz was implemented communities were forced to delay constructing new facilities and defer maintenance on existing facilities which has led to the current backlog of need for new facilities and the provision of maintenance to existing facilities; and 4. . Prior commitments - The Town is bound by commitments made in prior years. The commitments were considered in the proposed budget and program. The attached Capital Improvement Program was developed around the previously cited constraints and program objectives. It includes a bonding and appropriation plan for each of the five program years, a brief description of each project item, spread sheets and charts showing existing and proposed bond payments and graphical representations of these payments. 4 Town of Agawam . . . Capital Improvement Program Fiscal Year 2002 - Fiscal Year 2006 Fiscal Year 2002 Appropriation Schedule General Fund AR.12roRrivthons Projected Project DUcription Amount Agawam Public Schools- Technology Education $125,000.00 Annex Removal/Town Hall and Middle School Parking Lot $94,000.00 Perry Lane Pool Renovations $25,000.00 Real Estate Revaluation $350,600.00 Senior Center Addition -Design and Land Acquisition $350,000.00 Sidewalk Rehabilitation and Extension $20,000.00 Street Improvement Program $175,000.00 TOTAL $1139 600.00 5 �r rr �r rr ■r ■r r� � ■r � r r r rf r r � � rr Town of Agawam Capital Improvement Program Fiscal Year.2002 - Fiscal Year 2006 Fiscal Year 2002 Bonding Schedule General Fund Projects Projected First Year Project Description Amount Principal& Interest Public Works Facility $4,000,000.00 $410,000.00 Middle School Roof $400,000.00 $41,000.00 Revenue Fund Projects Projected First Year Proji Description Amount Principal& Interest Sewer Fund: Feeding Hills Trunk Sewer South-Design $2,017,500.00 $206,793.75 6 Town of Agawam Capital Improvement Program Fiscal Year 2002 -,Fiscal Year 2006 Fiscal Year 2003 Appropriation h dule General Fund Appropriations Projected Project Description Amount Agawam Public Schools -Technology Education $125,000.00 Junior High Intercom & Clocks $50,000.00 Park Improvement Program $20,000.00 Sidewalk Rehabilitation and Extension $20,000.00 Street Improvement Program $250,000.00 TOTAL S465,000.QQ 7 �r � � r r � r � r ■r r. r r} r �r r■ �r r ,r Town of Agawam Capital Improvement Program Fiscal Year 2002 - Fiscal Year 2006 Fiscal Year 2003 Bonding Schedule General Fund Projects Projected First Year Project Description Amount Principal & Intuest Senior Center Addition Construction $1,114,000.00 $114,185.00 Revenue Fund Projects Projected First Year Project Description Amount Principal& Interest Water Fund: Suffield and Main Streets Water Loop $590,000.00 $60,475.00 8 Town of Agawam Capital improvement Program Fiscal Year 2002 - Fiscal Year 2006 Fiscal YQar 2004 Appropriation Schedule General Fund Appropriations Projected Protect Description Amount Agawam Public Schools- Technology Education $125,000.00 North Agawam Drainage Phase 1 $35,000.00 Park Improvement Program $20,000.00 Sidewalk Rehabilitation and Extension $20,000.00 Street Improvement Program $250,000.00 Town Hall Preliminary Design S30,0Q0.00 TOTAL lium0.00 9 Town of Agawam Capital Improvement Program Fiscal Year 2002 Fiscal Year 2006 Fiscal Year 2004 Bonding Schedule General Fund Projects Projected First Year Project tion Amount Principal& Interest Recreation Improvement Program-School Street Park $1,000,000.00 $107,500.00 School Department Additional High School Gym $200,000.00 $20,500.00 10 Town of Agawam Capital Improvement Program Fiscal Year 2002 - Fiscal Year 2006 JEiscal Year 2005 Av=priation Schedule General Fund-Appropriations Projected Project Description Amount Agawam Public Schools -Technology Education $125,000.00 Agawam Town Hall Design $175,000.00 North Agawam Drainage Phase 2 $45,000.00 Park Improvement Program $20,000.00 Sidewalk Rehabilitation and Extension $20,000.00 Street Improvement Program $250,000.00 TOTAL 1�0,00 11 Town of Agawam Capital Improvement Program Fiscal.Year 2002 - Fiscal Year 2006 Fiscal Year 2005 Bonding Schedule General Fund Projects Projected First Year Project DescriRtion Amount Principal& Interest School Department All Weather Track $400,000.00 $41,000.00 Revenue Fund PrQ-jects Projected First Year Project Description Amount Princip l& InIgrest Sewer Fund: Feeding Hills Trunk Sewer South Construction $18,158,000.00 $1,861,195.00 Sewer Fund: Feeding Hills West Sewer Extension Design $935,000.00 $95,837.50 12 r� r r r r r r■r rr rr r rr rr err rr rr rr rr ■r rr Town of Agawam Capital Improvement Program Fiscal Year 2002 Fiscal Year 2006 Fiscal Year 2006 Appropriation Schedule Guneral Fund_Appropriafl4ns Projected Project Descdption AMflun Agawam Public Schools-Technology Education $125,000.00 Park Improvement Program $20,000.00 Sidewalk Rehabilitation and Extension $20,000.00 Street Improvement Program $250,000,,00 TOTAL $415,000.00 13 Town of Agawam Capital Improvement Program. Fiscal Year 2002 - Fiscal Year 2006 Fiscal Year 2006 Bonding Schedule General Fund Projects Projected First Year Project Description Amount Principal& Interest Town Hall Construction $2,500,000.00 $256,250.00 Revenue Turd Proiccts Projected First Year Project Description Amount Principal&Inigrest Sewer Fund: Feeding Hills West Sewer Extension Construction $8,145,000.00 $862,537.50 14 Town of Agawam Capital Improvement Program : - Fiscal Year 2002 - Fiscal Year 2006 PROJECT DESCRIPTIONS I. MUNICIPAL BUILDINGS D.P.W. Garage NEW DEPT. PUBLIC WORKS FACILITY Feeding Hills where roads freeze up first. Response time to The present Public Works facility is: these problem spots would be cut in half with a centrally located site. (1) poorly located for efficient operation; (2) antiquated and unsafe; The DPW Site Study Committee has recommended a facility (3) insufficient in land and building size; location near the geographic center of the community (4) poorly designed; and which is scheduled to be brought to the Council for (5) not energy efficient. acquisition in 2001. Design of a facility will be undertaken in FY2002 with construction to begin in FY2003. The location of the present garage means that I to Temporary bonding would be utilized to fund the project 1.5 man years of time are lost in transportation versus a during development and permanent principal and interest centrally located facility. This represents $25,000 to payments would begin in FY2004 when the town has paid $45,000 per year in additional labor costs at the current off some existing bonds. pay scale. In addition to basic transportation savings, response AGAWAM SENIOR CENTER EXPANSION time in emergency situations and sanding/salting operations would also be reduced. Currently the DPW is An addition to the senior center is sought to provide very remote from the areas in space for Agawam's growing elderly population. The present over 60 population in Agawam is 6,100 +/-. The permitted capacity of the present facility is 185. Existing 15 space has been utilized as efficiently as possible but no The new or expanded facility would also be fully room is available for additional programs or activities. The handicap accessible for residents and employees. The Council on Aging recently finished an interior facelift existing town hall structure is too small to meet existing program for the center which helped alleviate some needs which has led to productivity problems. The new or potential overcrowding, but expansion is needed to meet expanded facility would include adequate office space, anticipated future needs. Land acquisition and design of conference room space, bathroom facilities and meeting the addition is scheduled for FY2002 with construction to space. Construction would be slated to begin in FY2006. follow as State Funding allows. The addition will allow for _ greater client privacy, additional health programs and more classroom and activity space. - rl MEN aiag�A Agawam Historical & Fire House Museum Public Library Construction 11. PUBLIC WORKS AGAWAM TOWN HALL SIDEWALK IMPROVEMENT PROGRAM The first phase of this project would involve a preliminary design study to determine whether a new town Funding is continued to rehabilitate sidewalks hall facility should be built or whether the existing facility throughout the community. The DPW highway division, can be enlarged. This preliminary design study would be recently reorganized its manpower allocation to create a funded in FY2004 with full design of the project to follow sidewalk construction and repair team, which is making in FY2005. The project would encompass either the substantial progress with this work. Portions of the construction of a new town hall building or the expansion sidewalks on Main Street, Bridge Street, Walnut Street, and of the existing facility. A new facility could be centrally Suffield Street have been replaced. In addition, when located within the community to provide easy access for all critical repairs are complete, certain sidewalk systems residents. should be extended to increase walking areas to schools 16 and eventually reduce transportation costs. service to the south west section of the town where there are some areas of moderately drained soils and Health Department reports problems with septic system failures. STREET IMPROVEMENT PROGRAM Recently a petition has been received from one neighborhood in this area requesting sewer service. A plan Funding for the improvement and maintenance of of study for the evaluation of sewage disposal alternatives our local roadways. Improvements include the construction, for the area has been funded and recently approved by DEP. reconstruction, widening and resurfacing of roads and the This is the first step in developing grant eligibility for the installation and repair of drainage structures and systems. project. Funds will be utilized in combination with state Chapter 94 Sewage Disposal Study Area funding to meet routine maintenance and improvement requirements. NORTH AGAWAM DRAINAGE PHASE I & H I � - An old private drainage system has deteriorated which is resulting in water surfacing in yards and possible _ damage to structures. Phase I of the project would _ intercept the pond discharge that the old pipe system = currently handles and divert it down Meadow Window to the High Street storm drain. In addition existing catch ' basins on Howard Street would be diverted to the Moore Street - Ottawa Street drain system. Phase II of this project ' would improve capacity of the storm drain system serving ;.� ; " �`•I High Street and lower Moore Street and is related to the above project. f III. PUBLIC WORKS -WASTEWATER ' FEEDING HR S TRUNK SOUTH This project involves extension of the sewer system FIGURE t RO"d wo.VSOS IDPW� LOCUS M" southerly to the Police Academy on South Westfield Street, MV fiX Y&M CT Duman" SS7L1511Y1lgf ARIA the construction of a sewer pump station and extension of .. I ,o'�e.,. :.www w6ac+�SgYa sewer service to the remainder of South Westfield Street 1 TWh- and Barry Street. This is the first step in providing sewer 7 17 IV. PUBLIC WORKS - WATER MAIN/SUFFIELD STREETS WATER MAIN LOOP Funds are included to construct a water main at the southern boundary of Town connecting the current dead end water mains on both Main Street and Suffield Street. This connection was a priority in our water distribution and will improve system reliability as well as water quality for people residing on the dead end mains . With over 20,000 people a day visiting Six Flags it is important for public health reasons that there be more then one way to deliver - public water to that Park. The elimination of dead end water mains is a goal urged by the Mass DEP in their annual review of our water operations. IV. ASSESSOR PROPERTY REVALUATION Recent Maim Street 12" Water Main Construction The Assessor and staff are able to inspect/view only some 600 properties a year. There are 11,500 properties in FEEDING HILLS TRUNK SEWER - WEST Town. A revaluation is necessary to insure that our real estate taxes are applied equitably. The Town will benefit This project involves extension of the sewer system from an increase in assessments over the years to come. westerly along Southwick Street to the town line; to the southerly portion of North West and the northerly portion of South West Streets and the surrounding areas. The V. MISCELLANEOUS project would likely include a sewer pump station in the vicinity of Pheasant Hill Drive. A petition has been received PARK IMPROVEMENT PROGRAM from residents in the area requesting sewer service. A plan of study for the evaluation of sewage disposal alternatives In FY1996, the town began the process of annual has been funded and recently approved by DER This is the appropriation of funding to repair and rehabilitate its first step in developing grant eligibility for the project. existing parks and recreation facilities. The funding would be utilized to replace existing outdated recreational equipment such as swings, slides, basketball hoops, backstops, etc. The funding can also be utilized to leverage 18 additional state and federal funding via competitive grants. growth and includes funding to meet the current and For FY2002 the requested funds will be used to renovate projected demand for recreational facilities and services. the Perry Lane Park swimming pool. PUBLIC SCHOOLS TECHNOLOGY EDUCATION Funding for continued implementation of Agawam "`"'Kill"K ""' _ Public Schools Local Technology Plan which was developed by a team of teachers, administrators, school committee ti '` •,.°, members and community representatives. The Agawam • Yam. Public Schools Local Technology Plan has been approved by the Commonwealth of Massachusetts Department of —ww•a 8 4 __._ Education. , .��.., WIS. •. Capital Improvement funding will be utilized to go °°°°°•° °� acquire new computer and communications hardware s:•.. �.. °� ' ° 'X=r. computer software, and for the provision of professional ' _• 6 .•r. ;' ° c•r�+rrls-.r development training for the successful implementation of -• ..ea.a new hardware and software. Local Technology Plan includes the creation of an academic network which will • eventually link all school buildings and all school classrooms together. School Street Recreation Plan JUNIOR HIGH CLOCK & INTERCOM SYSTEM RECREATION IMPROVEMENT PROJECT The present system is twenty-nine years old and parts are no longer available to make repairs. Many of the This program includes funding ($1,000,000.00) in room clocks suffer from numerous breakdowns of an FY2004 for a recreation improvement/sports field complex annual basis. The main intercom switches are worn and at the former County property on School Street. A suffering from poor reliability. The system needs to be development plan for the site is nearing completion which replaced before it suffers from total failure. will address the needs identified in the recent recreation study. HIGH SCHOOL GYMNASIUM The level of funding included in this program is based on a speculative estimate of what resources would be Funding has been requested by the School necessary to expand current recreation facilities and Department for an additional gymnasium at the High develop the School Street facility. Recreation is a vital part School due to the increase in students and athletic of the quality of life in our community and the current need programs being offered. is growing every year. This program recognizes that 19 ALL WEATHER TRACK - HIGH SCHOOL MIDDLE SCHOOL/TOWN HALL PARKING An all weather track and field event runways would There are several problems that exist at the Middle greatly improve conditions for this sport while reducing School and the Town Hall that, given their proximity, can be maintenance activities. Drainage facilities would be addressed by a single project. The problems are included. inadequate public parking at the Town Hall, unsafe/illegal student drop-off/pickup at the Middle School, and the unsafe and unsightly condition of the Town Hall annex and MIDDLE SCHOOL ROOF rear yard. It is proposed to demolish the Town Hall Annex, develop a parking area with landscaping enhancements to In order to protect the Middle School and prevent the rear of the Town Hall which would connect to the damage to the building's structure and contents, Building Middle School westerly drive, relocate teacher parking from Maintenance advises that a new roof is needed. the Reed Street lot to a new parking area between the school and Town Hall and convert the Reed Street lot to a student drop-off- pickup and visitor parking facility. The illegal parking of cars on Main Street, so posted by Mass Highway, which restricts vision of vehicles exiting drives and allows passengers to open doors into traffic will be eliminated. Town Hall Annex 20 Band Payment Schedule FISCAL ITEM AMOUNT IMPACT BONG PAYMENTS —� YEAR YEAR FY2004 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY=9 FY2010 FY2011 VZMSJ BONDS PHASE 1V SEWER S 176.250 S 165.750 S 156,250 —�— YVESTT70 RIV.PUMP 3TA S 50,094 S 51,100 ; 52,i58 ; 53,2� S 54432 S 55,880 S 58,954 S 58,325 $ 59782 -—61320 JR.HIGH HEATING S 117,600 s 109,125 S 105,683 $ 104164 $ 06,986 3 _95,326 $ 01,399 S 8T357 $ 15w 79099 COLT ITRY CLUB S 122.510 S 118AX S 115,078 $ 111237 S 107,313 S _ 102,784 S 98,521 i 94,164 $ M,744 85282 FIRE STATION 03 $ 1 72 172.360 f 167.110 $ 16ZI75 $ 157,5 5 ; 141.843 S 14$855 S 137,763 I S 127,115 122740 COUNTRY CLUB IRRIG. i 35.5% S 34,345 S 33.170 $ 3ZOW ; 30 920 $ 29,758 S 28,570 S 22,480 S 21.495 20500 TUCKAHOE TURF FARM i W390 S 93.390 S 90.570 S 87,900 $ 95.170 S 82,300 S 19.530 $ 7600 S 7305 70880 SCHOOL AMMON 01 S W9,138 S 8MWO $ 865.475 S M406 s 813.094 _>i790,781 S 7 ASO $ 748.156 $ 723,644 701400 SCHOOL AMMONS*2 6 991 S 950,770 $ 91%370 $ 894,070 $ W4,863 $ 840'.rFO S 815,683 $ 7W.M $ 783 T88 737W3 WFLD.RIV.POL-ELOAJ= is201,511 S__.199XA $ 196,899 $ 194.504 S 192,064 S _189,571 S 187,015 $ 184.V0 $ 181.701 177382 TITLE 5 SEPTIC SYSTEM S 4.842 S_ 4.733 ; 4,624 $ 4.616 $ 4.407 $` 4,284 S 4,149 $ 4,023 $ 3,885 Y SUBTOTAL $ 2A07. f x,787.712 S 47011 O $ 2A74022 S 2,40%576 S 2,330,11" S 2,273.123 S 2,20 M $ 2.129,066 $ 2,05$936 WELD.RIV.POL.ELIMJCS0IOCAL $ aM.241 2002 S 23,159 S 91533 S 69.095 $ 88,667 $ 84219 $ 81,7.81 _$ 79.344 $ 78.906 ; 74.466 $ 72,030 FLORIDA DR,SEWER IMPR. S 490.D00 2D02 S _ 400 $ 50,836 $ 49,484 $ 46.130 $ 46.778 S 45,422 i "AN $ 42,714 $ 41.3W $ 40.OW PUB.LIBRARY ADD.Net $ 4250,000 2002 111 111563 S 440,939 S 429,195 $ 417,452 S 405.709 S 393,965 S 382222 $ 370.478 $ 368,735 S 346.991 HIGH SCHOOL LIBRARY S T50.000 2002 6 19,888 $ 77,813 $ 75,740 $ 73,888 S 71.595 S 69,5n $ 67.451 $ W378 i 63,3o8 S 61�234 FIRE DPT,AERIAL PLAT.TRK. S 750.000 2002 = 19,6W S 120,522 S 114,147 i 111,772,S 107,397 S 103,022 1 S 90,647 3 94272 $ 09,897 i 85.5v SUBTOTAL $ 7,122,241 6 /W0 W S 7111,944111 759.661 $ 737A79 I; 715.11H $ 803.713 i S 671,731 $ 049.748 $ WHO S 005,707 2002 SO.F.H,TRUNK 3£Y4EIi DES. f 2,017.SW- 20M $ 2E}6,794 S 201.496 i'S 196,202 $ 190,906 $ 195.1110.1 1W.314 1$ 175.010 5 109,722 i 164A28 2092 MIDDLE SCHOOL ROOF S 406,DOD 2003 $ 41,0W S 39,9W S 3B.900 S 37,850 $ 3B,8W S 35.750 f 34,700 S 3&6W S 32,6W 2D02 PUB WRKS FAG. s L00G,9D0 2D04 S 0%000 S 399,500 S 389,ODO S 37SYM Pp356,000 8 357ZW f 347,000 6 336,50D 2003 SUFFIELDMWN ST9.WATER LOOP S 590,000 2005 S 6OA75 S W926 S 57,378 $ 55.829 $ 54200 S 52.731 i $1,183 2DD31 SR CEN.EXPANSIONS 1,114,000 2006 3 114,185 S 111201 S 108.337 S 105Al2 ; 102,488 S 99,564 i 93,716 2DO4 REC.IMPRVMNT.PROXCT S 1,000.000 2006 S 102.50G_ S 99.875 S 97,250 S 94.6Z S 92,000 S SONS 2004 ADD.HIGH SCHOOL GYM $ 2W OW 2008 $ 201500 s 17,875 S 19,460 $ 18,925 $ 18.400 S 17,816 2005 SO.F-H-TRUNK SEINER $ 18,158.000 2DOT S 1,881.195 5 1,813,530 S 1,765,866 S 1,718,201 $ 1 0,536 2D05 WEST F.H.SEWER DESIGN $ 935,0W 2000 $ 951635 $ 93.353 S 90,=9 1$ 88474 $ 00,020 _f 535611 2005 HIGH SCH.Alt-VYTHR TRACK $ 400.000 2008 $ 4100 1 S 38,375N��i f 37,850 S 36.800 S 35,750 2aoe TOWN HALL $ 2500.000 2008 S 249,688 $ 243,12b $ ,t36,563 2006 WEST F.H.SEWER CONSTR $ 8,415.DW 2008 $ 840A46 s 616.359 s 798,269 SUBTOTAL S 30,729.500 s S 247,794 $ 051AU S 6N.= $ 1,047.780 $ 2,577.32T $ %81%M S 3,715,572 S 3,608.350TOTAL B011D PAYMENTS S 3074,tl004,111.560 $ 4.049,503 S 4,167.053 $ 5.W%936 $ 6,67 A" i 6ArIA4 $ 6,2701010 POTENTIAL JUDKIRANTS WFLD RIV POL ELIMICSO $ 2,257,759 S Oa=k$ 100,586 $ (06. S 95,524) $ ,934} S 9020 S 87,571 i 89,753 S 81.9241 3 _._V�T9,01 SR.CEN,IFXPANSION $ 1,114,OW ;$ 114.185 S 111,261 S 106.33 f 105Al2) 11 10$488 S ,564 S 961840 F.H.TRUNK SEWER DES. $ 504,375 f 51,698',S 50,3741 $ 40.050 $ 47,T28 S %403) S 45,0 S t43.75M S 42A31 S 41,1 9040OLAODMONS#2:f 8,851.500 $ H07f S (87f► $ B52.043 $ 834,790 $ 614,06 S LSQ�, S (579,121 S 560, S 512,27 $ 523563) MIDDLE SC%.ROOFIHIGH SCH.LIB. $ $4.500 S (43") $ 83.611 S $1,304 $ ,176 $ ,981 $ (74,744 S (72,5 $ 1 $ 894" EXISTING SCHOOL BONDS S A$A39. S 1 356, S 1,341,565)I$ 1,300,464 $ 1.261,34 $ 1 225,91 ; 1,189,62 S 1,152, $ (I.IM31D S 1,077,Bt SO.F.H.TRUNK SEWF-Rj S 4,5n.SW $ 485 S 453.383 S 441,496 $ $ 4171634 WEST F.H.SEWER DESIGN S 233.750 $ 23,959 S .348 ; $ 119 $ $ .801 WEST F.H.SEWER CONSTR S 2,103.750 $ 15.634 $ 10.11 $ RX ; 199 Tam a SEPTIC SYSTEM S ,f $ 014 S 1 i 1, $ 1,088 S 1,986 $ 1,431 $ 1304 S 1.1 S (1-an SUBTOTAL $ S 1 S S $ZM.100 S� 834 $ 774. S 002,123 i 096. S 024,001 NETBONDPAYMENTS S 026.743 $1,687,950 $ 1AS3.995 $ 1,742,358 $ 1,934.003 S 3,276.087 S 4.044.274 S 3, M747 S 3,0a1,591 S 3.748.1ii WATER FUND PAYMENTS S S $ S 60,47 $ 58,926 $ 7,3 S 6 .280 $ 131 S 1.1 SEWER FUND PAYMENTS S 911 $ 61 $ 506, S 434,183 $ 499,015) $ 1.WtZ $ $ $ gWW4j S 2,307,824 COUNTRY CLUB PAYMENTS S 1Ss 1 S 1 161 $ 148 $ 1 S 138 2 S 132,51 $ 127,001 $ 116.644 $ 111 $ 105 STABILIZATION FUND USE, 3197827 04VESTED 0 5 0% f 000 $ 550, $ 500, $ 000 S 500, $ S S $ 5W.000 GEN,FUND BOND PAYMENTS $ 300,7z9 f 571.784 1$ 50SAUS OX4061$ 608,119 1 S 697 $ 721 O62 11 TW 7 S 719,9741 S 700]47 Pep@ 21 Existing Bond Costs (FY2002 - FY2006) PROJECT FY2002 FY2003 FY2004 FY2005 FY2006 Jr. High Heating $117,600 $109,125 $105,683 $102,164 $98,568 Phase IV Sewer $176,250 $165,750 $155,250 $0 $0 Main Street Pump Station $50,094 $51,100 $52,156 $53,265 $54,432 Agawam Country Club $122,510 $118,836 $115,078 $111,237 $107,313 Fire Headquarters $172,360 $167,110 $162,175 $157,503 $152,725 Tuckahoe Turf Farm $96,390 $93,390 $90,570 $87,900 $85,170 Agawam CC Irrigation $35,595 $34,345 $33,170 $32,058 $30,920 School Projects I $919,138 $893,300 $865,475 $835,406 $813.094 School Projects II' $991,270 $950,770 $918,370 $894,070 $864,883 Westfield River CSO $201,571 $199,254 $196,899 $194,504 $192,064 Title V Community Septic Management $4,842 $4,733 $4,624 $4,516 $4,407 Westfield River CSO" $23,159 $91,533 $89,095 $86,657 $84,219 Florida Drive Sewer" $12,863 $50,838 $48,449 $48,130 $46,T76 Public Library Expansion" $111,563 $440,939 $429,195 $417,452 W.709 Agawam High School Library Expansion" $19,688 $77,813 $75,740 $73,668 $71,595 Fire Dept Aerial Platform Truck $19,688 $120,522 $116,147 $111,772 $107,397 F.H Trunk Sewer So (Design) $0 $206,794 $201,498 $196,202 $190,906 Middle School Roof $0 $41,000 $39,950 $38,900 $37,850 Public Works Facility $0 $0 $410,000 $399,500 $389,000 Suffield & Main Sts Water Loop $0 $0 $0 $60,475 $58,926 Senior Center Expansion $0 $0 $0 $114,185 $111,261 Recreation Improvement Project $0 $0 $0 $0 $102,500 Additional High School Gym $0 $0 $0 $0 $20,500 High School All Weather Track $0 $0 $0 $0 $95.838 Town Hall Expansion $0 $0 $0 $0 $41,000 TOTAL $3,074,581 $3,817,152 $4,109,524 $4,019,564 $4,167,053 (' denotes project which is authorized but not yet permanently bondea3 ("denotes project which is planned but not yet authorized) Existing Bond Costs (FY2002-FY2006) $6,000,000 $4,000,000 $2,000,000 $0 FY2002 FY2003 FY2004 FY200 FY2006 22 m Budget Appropriations (FY2002 - FY2006) Category FY2002 FY2003 FY2004 FY2005 FY2006 General Fund $1,139,600 $465,000 $480,000 $635,000 $415,000 Sewer Fund $0 $O $0 $0 $0 Water Fund $0 $0 $0 $0 $0 Golf Fund $0 $0 $0 $0 $0 TOTAL $1,139,600 $465,000 $480,000 $635,000 $415,000 Budget Appropriations (FY2002 - FY2006) $1,200,000 $1.000.000 $800,000 $600,000 $400.0 $200,000 $0 FY2002 FY2003 FY2004 FY2005 FY2006 23 rr ar r r r r r r� r r r r� rr r �■ rr � r rr Projected_ New Bond Costs (FY2002 - FY2006) FY2002 FY2003 FY2004 FY2005 FY2006 Public Works Facility $0 $0 $410,000 $399,500 $389,000 Middle School Roof $0 $41,000 $39,950 $38,900 $37,850 Feeding Hills Trunck Sewer So Design $0 $0 $0 $0 $0 Senior Center Addition Construction $0 $0 $0 $114,185 $111,262 Suffield & Main Streets Water Loop $0 $0 $0 $60,475 $58,926 Recreation Improvement Program $0 $0 $0 $0 $102,500 Additional High School Gym $0 $0 $0 $0 $20,500 School Department All Weather Track $0 $0 $0 $0 $41,000 Feeding Hills Trunk Sewer So $0 $206,794 $201,498 $196,202 $190,906 Feeding Hills West Sewer Design $0 $0 $0 $0 $95,838 Town Hall Construction $0 $0 $0 $0 $0 Feeding Hills West Sewer $0 $0 $0 $0 $0 TOTAL $0 $247,794 $651,448 $809,262 $1,047,781 Projected New Bond Costs (FY2002 - FY2006) $1,5W,OOO $1,000.000 $5W,000 $0 FY2002 FY2003 FY2004 FY2005 FY2006 24 M IM M M M M M IM M M M M M PrgJected Total Bond Costs (FY2002 - FY2006) (before grants and reimbursements) FY2002 FY2003 FY2004 FY2005 FY2006 Existing Bond Costs $2,887,620 $2,787,712 $2,700,450 $2,472,622 $2,403,576 Projected New Bond Costs $186,960 $1,029,458 $1,411,109 $1,546,941 $1,763,476 TOTAL BOND COSTS $3,074,580 $3,817,170 $4,111,559 $4,019,563 $4,l67,052 Projected Total Bond Costs (FY2002 - FY2006) (before grants and reimbursements) $5,000,000 $4.000.000 $3,000,000 $2,000,000 $1,000.000. ems_' =.. - FY2002 FY2003 FY2004 FY2005 FY2006 25 rr rr rr r r �■ r rl ■r r r ■� �r rr ■■� ■r r r r Projected Total Bond Costs (FY2002 - FY2006) (after grants and reimbursements) FY2002 FY2003 FY2004 FY2005 FY2006 Existing Bond Costs $2,887,620 $2,787,712 $2,700,450 $2,472,622 $2,403,579 Projected New Bond Costs $186,960 $1,029,438 $1,411,109 $1,546,941 $1,763,476 Projected Grants A Reimb. ($2,248,836) ($2,259,182) ($2,227,565) ($2,277,205) ($2,232,160) NET ROM COSTS $825,744 $1,557,968 $1,883,994 $1,742,358 $1,934,895 Projected Total Bond Costs (FY2002 - FY2006) (after grants and reimbursements) $2,000,000 i $1,500,000 $1.000,000 $5W,0 $0 FY2002 FY2003 FY2004 FY2005 FY2006 26