+
3.12 TABLE 3.1 COMPARES WATER SYSTEMS ON A UNIT COST BASIS:

. ; One Two
(with reservoir) (without reservoir)

Housing Units 828 828

Cost of Initial Item 1A: 75 1/s Item 2A: 115 1/s
Phase Pump Station $175,000 Pump Station $225,000)

Cost for entire ;
- system ; 695,000 422,500

Cost per lot for .
initial phase $211 $271

Cost per lot for
“entire system $839 $510

Cost for 142 lots
in Camex $119,138 $ 72,420

The very simple analysis of cost vs benefit suggests that:

- system one initial phase has the lowest overall cost -
(175,000) and the cost would be apportioned 68 percent to
Camex, based on lot yield; ” ;

- system two initial phase has a larger overall? cost
(225,000) and the pumping station would be apportioned
32 percent to Camex, based on lot yield.

3.14 If. the specified area legislation were employed for the project,
.Phase-One of either system would be financed’ by the Municipality
and the: annual cost apportioned in accordance with the number of
lots serviced. Considering the borrowing costs:

Capital Recovery ;
(20 years -@ 12%): 175,000 X 0.1338 = 23,429 ~
225,000 X'0.1338 = 30,105

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