RE Close Circuit (CCTV) Sewer Inspection Service by xfa20788

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									                                                       APPENDIX 'A'
                                                                                                                  #07020

  Chair and Members                                                                                         March 9,2007
  Board of Control                                                                                       (Option to Extend)
  RE: Close Circuit (CCTV) Sewer Inspection Service
                                   -
       Capital Project ES1821 2006 Video Inspection
                                   -
       Capital Project ES1822 2007 Video Inspection
                               -
       Benko Sewer Service $350,000.00
  FINANCE AND CORPORATE SERVICES DEPARTMENT REPORT ON THE SOURCES OF FINANCING:
  Finance and Corporate Services confirms that the cost of this project can be accommodated within the financing
  available for it in the Capital Works Budget and that, subject to the adoption of the recommendations of the Director of
  Wastewater & Treatment, Environmental & Engineering Services, the detailed source of financing for this project is:

                                                        Approved         Committed           This            Balance for
  SUMMARY OF ESTIMATED EXPENDITURES                      Budget           to Date         Submission         Future Work
  ES1821-2006 Video InsDection
  Engineering                                             $520,446          $355,993          $164,453                 $0

  ES1822-2007 Video InsDection
  Engineering                                               480,000                            185,547            294,453
  NET ESTIMATED EXPENDITURES

  SUMMARY OF FINANCING:
  ES1821-2006 Video lnsoection
  Capital Sewer Rates                                      $450,000         $355,993           $94,007                 $0
  Drawdown from Sewage Works R.F.                            70,446                             70,446                  0
                                                            520,446           355,993          164,453                  0

   ES1822-2007 Video lnseection
   Capital Sewer Rates                                      480,000                            185,547            294,453

   TOTAL FINANCING

   -
   Notes:
1) The original contract awarded in Api 2-36carried a clause which provides the City with an opportunity to extend the
   contract for an additional year at the same price submitted in the original tender, meeting all terms, conditions and
   specifications.

2) There are no anticipated additional operating costs associated with the approval of this project.




   EH
                                                                  -_                      Scott Chambers

								
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