|Polk County Enterprise - Local News
Stories Added - August 2010
Copyright 2010 - Polk County Publishing Company
TRA board to vote on bonds for bigger water lines Aug. 25
Polk County Enterprise
LIVINGSTON — City council members approved a resolution Tuesday approving $2.6 million in revenue bonds to be issued by the Trinity River Authority to fund replacement of 12-inch transmission lines that have supplied the City of Livingston with drinking water since 1978 with 20-inch lines. City Manager Marilyn Sutton announced that bids came in $2 million below the anticipated project budget. Engineers estimated the project would cost $4 million, but a Houston firm submitted a bid of just over $1.6 million. TRA officials have reviewed the bid and has satisfactory experience with the company on a prior project. Standard & Poor’s, a bond rating company, recently affirmed the City of Livingston’s rating as A-plus, which will help hold down debt service costs. TRA’s Southern Regional Manager Jimmie Sims told city officials the project experienced some delays in acquiring easements but should be complete in less than a year. After the TRA board finalizes their decision, TRA and Southwest Securities will test market the bonds and should complete a negotiated sale within a month. The larger supply lines should improve pumping efficiency and alleviate some of the problems TRA has experienced with meeting the city’s water demands. Livingston has purchased water rights from TRA for up to 5 million gallons per day, but the water treatment plant capacity is limited to about three million gallons a day. When the 12-inch lines broke, TRA had to replace an entire joint of pipe, rather than just the damaged area. The new PVC is expected to simplify repairs if needed.