How Well Has IPUD Maintained the Inverness Water System’s Infrastructure?
OVERVIEW (IPUD capital improvements since 1980)
Here is an overview of how much of the Inverness Water System’s current infrastructure has been built or updated by the Inverness Public Utility District since 1980 when the IPUD bought the approximately 100-year-old Inverness Water Co. from Citizens Utilities of California.
COLLECTION POINTS BUILT BY IPUD: 100%
TREATMENT CAPACITY BUILT BY IPUD: 100%
STORAGE CAPACITY IN TANKS BUILT OR REFURBISHED BY IPUD: 98%
- Built by IPUD: 75%
- Refurbished by IPUD: 23%
WATER MAINS WELL WITHIN MINIMUM LIFE EXPECTANCY: 98.9%
Mains built by IPUD (since 1981): 68.3% (exclusively PVC or equivalent)
Mains built by Citizens Utilities (during 1970s): 30.6% (exclusively Transite)
Mains that predate 1970s: 1.1% (exclusively galvanized iron)
At no time during the 41 years the IPUD has owned the Water System has the District not been actively involved in capital projects for improving and upgrading the system’s infrastructure. The most intensive period of this work was the early 1980s, when the decrepit system acquired by IPUD was largely rebuilt. The District spent some $2.5 million on capital improvements during the 1980s. Of this, $290,000 was borrowed money (from the 1979 bond issue, which was paid off in 2011); all of the remainder (more than
$2.2 million) was from grants and from Federal and State disaster recovery and mitigation funds (from flooding events in 1982, 1983, and 1986).
All subsequent District capital projects have been paid for entirely out of customer revenue (for the Water System) and property tax proceeds (for the Fire Department). The $800,000 loan for the upcoming Tenney Tanks Replacement Project will be the first time the District has borrowed money (for any purpose) since the voter-approved 1979 bond issue that financed the purchase and rehabilitation of the Water System.
To read the entire 3-page report, click on the link below:Infrastructure maintenance.pdf