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10/20/1994 - Packet ^iY^ii+:}.�::x::hii._:::5:;->:•i:;:•::i?j �::.;.;-::�':::.;:::jjyy::^:;F;ii:i:;._::::..:::::....•......:..:::::i:::...... .O .1.11,--11•11.1:11::.::.::.::.::: • ..:.......:. .........:.........: /i�",/k'%IPiglVlll���� MEMORANDUM CITY OF TIGARD CITY OF TIGARD, OREGON OREGON TO: Tigard Water District Board Members FROM: Ed Wegner DATE: October 13, 1994 SUBJECT: Re-Scheduled Meeting on October 20, 1994 The next meeting of the Tigard Water District Board has been scheduled for Thursday, October 20, 1994 at 7:00 p.m. This meeting is being held to discuss the Resolution adopting the Division of Assets. This meeting will be held in the conference room inside the office area at the Water Building. If you have any questions, you can contact me at 639-4171, extension 396. Thanks! 13125 SW Hall Blvd., Tigard, OR 97223 (503) 639-4171 TDD (503) 684-2772 CITY OF TIGARD, OREGON RESOLUTION NO. 94- A RESOLUTION OF THE TIGARD WATER DISTRICT, IN THE STATE OF OREGON, TO ADOPT THE TIGARD WATER DISTRICT SYSTEM ASSETS AND LIABILITY REPORT AS REVISED BY THE INTERGOVERNMENTAL WATER BOARD (IWB) WHEREAS, the Tigard Water District, in accordance with Section 4 of the Intergovernmental Agreement (hereinafter "Agreement") between the Cities of Tigard, King City and Durham and the Tigard Water District for delivery of water services to territories within the District boundaries has caused preparation of a System Assets and Liability Report; and WHEREAS, the Tigard Water District accepted the report with amendments and the Findings and Conclusions as submitted by Commissioner Morgan; and WHEREAS, the Intergovernmental Water Board reviewed the Tigard Water District's actions and further amendments as proposed by Tigard Water District and its consultants, Economic & Engineering Services, Inc. , and unanimously voted to recommend that the Cities of Durham, King City, and Tigard formally adopt the Plan; and WHEREAS, the Cities of Tigard, King City, Durham have reviewed and adopted Resolutions approving the revised (9-14-94) System Assets and Liabilities Report; and WHEREAS, the Tigard Water District has reviewed the report and amendments; NOW, THEREFORE, BE IT RESOLVED BY THE TIGARD WATER DISTRICT THAT: SECTION 1: The conclusions contained within the Tigard Water District System Assets and Liability Report as revised by the Intergovernmental Water Board (IWB) are accepted and adopted. PASSED: By 5-- 0 vote of all Board members present after being read by number and title only, this day of , 1994. APPROVED: This 20 day of O b e'2- , 1994. PASSED: This 20 day of Cacti ,e12- , 1994. vii vet �i- Ch rl of the/B•-: • ATTES • / Ed Wegner, 'Eity 'of Tigard Director of Maintenance Services RESOLUTION NO. 94- Page 1 CITY OF TIGARD MEMORANDUM OREGON CITY OF TIGARD, OREGON TO: Tigard City Council Durham City Council King City City Council Tigard Water District Board FROM: Ed Wegner DATE: September 16, 1994 SUBJECT: Division of Assets Enclosed is a revised System Assets and Liabilities Report from Economic and Engineering Services, Inc. We have also included a complete set of revised pages that can be inserted into each individual's book. These revisions reflect the changes approved by the Intergovernmental Water Board on September 14, 1994 and include revisions necessary to reflect the approved changes. We have also provided a copy of the Resolution to be adopted by your agency. Upon approval by all agencies, a final copy of the System Assets and Liabilities Allocations Report will be forwarded to each jurisdiction. If you have any questions, you may contact Ed Wegner. 13125 SW Hall Blvd., Tigard, OR 97223 (503) 639-4171 TDD (503) 684-2772 Table IV-2 Tigard Water District Asset Allocation Summary Utiltiy Plant Values are at Cost Net of Depreciation Tigard Water Icia I DiLkiq Tigard Durham King City ASSETS Current Assets: Cash and Cash Equivalents $3,711,838 $652,912 $2,723,747 $164,434 $170,745 Investments 102,875 18,096 75,490 4,557 4,732 Accounts Receivable 478,869 84,233 351,394 21,214 22,028 Inventory of Materials and Supplies 110,664 19,466 81,205 4,902 5,091 Other Current Assets 13,006 2,288 9,544 576 598 Total Current Assets $4,417,252 $776,995 $3,241,380 $195,684 $203,194 Deferred Compensation Investments,deignated for $331,059 $0 $331,059 $0 SO deferred compensation benefits Utility Plant in Service,at cost,net of accumulated depreciation: Land $692,559 $122,304 $510,209 $29,458 $30,589 Buildings 1,156,146 203,366 848,380 51,217 53,183 Improvements Wells,Reservoirs,Pump Stations 2,322,746 493,504 1,747,792 40,459 40,991 Pipelines 16,183,707 3,707,272 10,939,440 704,348 832,647 Machinery&Equipment 517,469 91,023 379,719 22,924 23,804 Total Utility Plant in Service $20,872,627 $4,617,468 S14,425,539 $848,407 $981,213 TOTAL ASSETS $25,620,938 $5,394,463 $17,997,977 51,044,091 S1,184,407 Percentages 100.00% 21.05% 70.25% 4.08% 4.62% The percentage of asset values compare reasonably well to the proportionate interests as computed by the forumla in the Integovemmental Agreement. For the readers'convenience,the two percentage values are: Jurisdiction Proportionate Interest Pornortion of Assets Tigard Water District 17.59% 21.05% Tigard 73.38% 70.25% Durham 4.43% 4.08% IGng City 4.60% 4.62% Table V-1 Tigard Water District Allocation Percentages of Liabilities and Agency Equity Tigard Water District Tigard Durham King City LIABILITIES Current Liabilities: Accounts Payable 17.59% 73.38% 4.43% 4.60% Other Accrued Liabilities 17.59% 73.38% 4.43% 4.60% Deferred Compensation Plan Liability 0.00% 100.00% 0.00% 0.00% EQUITY Agency Equity: Contributed Captial 23.77% 66.66% 4.34% 5.23% Retained Earnings -176.16% 330.00% -13.45% -40.39% TOTAL LIABILITIES AND 21.05% 70.25% 4.08% 4.62% AGENCY EQUITY Table V-2 Tigard Water District Allocation of Liabilities and Agency Equity Tigard Water TotalDistrict Tigard Durham King City LIABILITIES Current Liabilities: Accounts Payable $129,352 $22,753 S94,918 $5,730 $5,950 Other Accrued Liabilities 96,485 16,972 70,801 4,274 4,438 Total Current Liabilities $225,837 $39,725 $165,719 $10,005 $10,389 Deferred Compensation Plan Liability $331,059 SO $331,059 SO $0 Total Liabilities $556,896 $39,725 $496,778 $10,005 $10,389 EQUITY Agency Equity: Contributed Captial $24,762,704 $5,885,547 $16,506,682 $1,074,606 $1,295,868 Retained Earnings 301,338 (530,809) 994,519 (40,521) (121,851) Total Agency Equity $25,064,042 $5,354,738 $17,501,201 $1,034,085 $1,174,017 TOTAL LIABILITIES AND $25,620,938 $5,394,463 $17,997,979 $1,044,090 $1,184,406 AND AGENCY EQUITY Percentages 100.00% 21.05% 70.25% 4.08% 4.62% Appendix B Tigard Water District Allocation of Land Values Allocation Tigard King Site Cost Water District Tigard Durham City Future Reservoir $125,000 $21,987 $91,725 $5,538 $5,750 Scholls Ferry Road Reservoir No.3 6,000 1,160 4,840 0 0 Hi Tor Reservoirs 21,600 a "' 0 Administration Building 7,735 Reservoir No. 1 1,932 Reservoir No. 4(1) 662b 0 10 MG Reservoir / p 300 Baylor(1) -796 J/Uc-Afirvi 0 Future Reservoir on SW 150th 90 Reserovir No. 2(1) % 0 Less: Misc. Adjustment 1 Total Land Value $6$ (1) No recoreded land value at time of prod Value to be determined at such time as an act B:ITIGARDILAND.WB 1 09/16/94 Appendix C Tigard Water District Reservoirs,Wells and Pump Stations Utility Plant Values Net of Accumulated Depreciation Allocation Allocation Utility Plant Value Tigard Water King Site Asset# Net of Acc. Deo. District TigardDurham Ci_yt Reservoir#1 SE- 22RES _ $42,223 $7,427 $30,983 $1,870 $1,942 Hunziker Road Pump Station SE- 45PST 0 0 0 0 0 P.S.at 10 MG Reservoir SW- 13PST 98,836 19,115 79,721 0 0 Well#4 SW- 15WEL 2,998 552 2,302 0 144 Reservoir#4 SW- 16RES 21,040 3,873 16,154 0 1,012 Reservoir#3 SW- 7RES 480,949 93,016 387,934 0 0 Well#3 SW- 8WEL 863 167 696 0 0 132nd Pump Stat SW- 25PST 6,796 1,314 5,481 0 0 Well#2 SW- 20WEL 1,281 225 940 57 59 Station#2 Booster Pump SW- 21PST 7,361 1,424 5,937 0 0 10 MG Reservoir SW- 14RES 695,146 122,276 510,098 30,795 31,977 Hi Tor 1.0 MG Reservoir SW- 4RES 50,271 9,722 40,549 0 0 Hi Tor 1.1 MG Reservoir SW- 5RES 577,491 111,687 465,804 0 0 Hi Tor 0.2 MG Reservoir SW- 6RES 9,493 1,836 7,657 0 0 Hi Tor Pump Station SW-56PST 5,463 1,057 4,406 0 0 Reservoir#2 SW-55RES 4,051 713 2,972 179 186 Well#1 SE- 51WEL 3,339 587 2,450 148 154 Pump Station#1 SE- 50PST 3,772 730 3,042 0 0 Baylor Reservoir(1.0 MG) NE- 52RES 12,255 0 11,558 697 0 Baylor Reservoir(1.125 MG) NE- 53RES 24,603 0 23,203 1,400 0 Beaverton Tie-in at 121st and NW-1637,NW-1632, 4,578 885 3,693 0 0 Scholls Ferry NW 1643,NW-32MET 11 PRVs 165,000 98,440 65,206 664 690 Miscellaneous 104,936 18,458 77,002 4,649 4,827 Total Reservoirs,Wells and Pump Stations $2,322,746 $493,504 $1,747,792 $40,459 $40,991 B:\TIGARDIFACIL.WB1 08/30/94 • Appendix C Tigard Water District Summary Calculation of Reservoirs,Wells,and Pump Stations Utility Plant in Service Values Net of Accumulated Depreciation Plant Value 1993 Net of Asset Original Useful Accumulated Accum. Number Description Cost Life Depreciation Depreciation SE- 22RES Reservoir#1 $138,680 40 $96,457 $42,223 SE- 45PST Hunziker Road Pump Station 11,250 10 11,250 0 SW- 13PST P.S.at 10 MG Reservoir 116,316 10 17,480 98,836 SW- 15WEL Well#4 9,842 40 6,844 2,998 SW- 16RES Reservoir#4 67,043 40 46,003 21,040 SW- 7RES Reservoir#3 705,159 40 224,210 480,949 SW- 8WEL Well#3 5,314 40 4,451 863 SW- 25PST 132nd Pump Stat 19,432 10 12,636 6,796 SW- 20WEL Well#2 3,990 40 2,709 1,281 SW- 21PST Station#2 Booster Pump 23,265 10 15,904 7,361 SW- 14RES 10 MG Reservoir 1,135,061 40 439,915 695,146 SW- 4RES Hi Tor 1.0 MG Reservoir 115,031 40 64,760 50,271 SW- 5RES Hi Tor 1.1 MG Reservoir 616,036 40 38,545 577,491 SW- 6RES Hi Tor 0.2 MG Reservoir 38,298 40 28,805 9,493 SW-56PST Hi Tor Pump Station 82,746 10 77.283 5,463 SW-55RES Reservoir#2 26,243 40 22,192 4,051 SE- 51WEL Well#1 12,330 40 8,991 3,339 SE- 50PST Pump Station#1 45,335 10 41,563 3,772 NE- 52RES Baylor Reservoir(1.0 MG) 49,276 40 37,021 12,255 NE- 53RES Baylor Reservoir(1.125 MG) 63,504 40 38,901 24,603 NW-1637,NW-1632, Beaverton Tie-in at 121st and 6,541 50 1,963 4,578 NW 1643,NW-32ME1 Scholls Ferry 11 PRVs 165,000 Miscellaneous 104,936 Total Reservoirs,Wells and Pump Stations $3,290,692 $1,237,882 $2,322,746 • B:ITIGARD\FACIL.WB 1 08/30/94 Appendix D • Tigard Water District Supply Lines, Meters, & Pump Stations Allocation of Utility Plant In Service Net of Accumulated Depreciation Values Utility Plant Value Allocation Asset Net of Tigard King Number Description Accum. Deoreclatiort Water District Tigard Durham City SE-2206,SE-2264 Bonita R/R Crossing Casing $9,751 $1,715 $7,156 $432 $449 SE-2047,SE-1946 16"Di on Bonita west of Bridge to 6,253 1,100 4,588 277 288 Hall Blvd. SE-2206 16"Di on Bonita from 72nd Ave.to west 28,061 4,936 20,591 1,243 1,291 side of bridge SE-31 PST Bonita Pump Station 0 0 0 0 0 SE-2280 Pipeline&Meters-Meter Vault to 46,433 8,168 34,072 2,057 2,136 Walluga 16"and 10"meter NE-30MET Meter Vault Bradley Corners 15,716 2,764 11,533 696 723 NE-1870 36"casing under R/R on Tiedeman 3,407 599 2,500 151 157 NE-1644, NE-1871, NE-1779 36"casing under Hwy 217&Greenburg 12,224 2,150 8,970 542 562 SE-1946 16"DI Crossing of Hall at Bonita 30,991 5,451 22,741 1,373 1,426 SE-434 • 16"Di on McDonald from Hall to Pacific Hwy 82,578 14,526 60,596 3,058 3,799 NE-1644 Greenburg 16"DI 36,087 6,348 26,481 1,599 1,660 NE-1645 Tiedeman Vault 9,963 1,752 7,311 441 458 NE:1645 Tiedeman Vault(Elec) 3,276 576 2,404 145 151 SW-707 36"01 10 MG to No. 2 Res. 62,931 11,069 46,178 2,788 2,895 SE-1087 36"Casing on Pacific Hwy&McDonald 4,364 768 3,202 193 201 SE-2222 36"Casing on Bonita at RJR Tracks 1,756 309 1,288 78 81 SE-1072 16"DI on Pacific Hwy-McDonald to Gaarde 1,957 344 1,436 87 90 SE-476&SE-535&SE-1087&SE-1071 36"DI on Gaarde from Pacific Hwy to 121st 195,054 34,310 143,131 8,641 8,973 NE-1646 24"on Tiedeman from vault to south 38,878 6,839 28,528 1,722 1,788 of R/R Tracks NE-1656,NE-1776 24"DI on Tiedeman Tigard St.to Walnut St. 116,791 20,544 85,701 5,174 5,372 NE-1662,SW-471, SW-3026 24"Di on Tiedeman-Fonner-121st from 149,568 26,309 109,753 6,626 6,880 Walnut St.to Gaarde SE-1945,SE-2221 24"Di on Bonita from SW 74th Ave.west 8,238 1,449 6,045 365 379 to Bridge SE-2205 24"Di on Bonita from Sequioa 360'west 101,430 17,841 74,429 4,493 4,666 of 72nd NW-8MET Beaverton Tie-in at 135th Ave.and Scholls 3,160 556 2,319 140 145 Ferry Rd. (Bore for Casing)TWO Share- a Split w/Beaverton B:ITIGARD\DISTPIPE.WB1 08/30/94 Appendix D Tigard Water District Supply Lines, Meters, & Pump Stations Allocation of Utility Plant In Service Net of Accumulated Depreciation Values Utility Plant Value Allocation Asset Net of Tigard King Number Description Accum. Depredation Water District Tlcard purhan't CRY SE-33MET City of Tualatin Tie-in at 72nd Ave.and 22,449 3,949 16,473 995 1,033 Bridgeport Rd. SE-2280 24"on Bonita from Pump Station to Waluga 273,817 48,164 200,927 12,130 12,596 Reservoir SE-2280 16"Master Meter(east of 1-5) 8,533 1,501 6,261 378 392 SE-2222 24"DI under RJR Tracks on Bonita 28,885 5,081 21,196 1,280 1,329 SE-40MET,SE-41MET Lake Grove Inter-tie Carmen& 1-5 9,315 1,639 6,836 413 429 NW-8MET, NW-427 Beaverton Tie-in 135th&Scholls Ferry 3,790 667 2,781 168 174 Rd.TWD Share-Split w/Beaverton SW-707,SW-691 36"DI Connections from 10 MG Res.to No.2 85,908 15,111 63,039 3,806 3,952 Reservoir SE-2046 24"Di on Bonita from Bridge to McDonald St. 317,010 55,762 232,622 14,044 14,582 NE-1870 24"Dion Greenburg from Tiedeman to 137,277 24,147 100,734 6,081 6,315 Hwy 217 SE-433 24"DI on McDonald St. 397,980 70,005 292,037 17,630 18,307 Total Supply Lines, Meters and Pump Stations $2,253,829 $396,449 $1,653,860 $99,845 $103,676 p T, B:\TIGARD\DISTPIPE.WB1 08/30/94 Tigard Water District Allocation of Distribution Pipes Utility Plant Values Net of Accumulated Depreciation Allocation Total Asset Diam Length Asset Tigard City of Number (in) (ft) Value (S) Water District Durham King City Tigard SW- 194 16 140 3,998 ` 3,998 0 0 0 SW-202 16 510 14,565 14,565 0 0 0 SW-296 16 2,390 68,256 68,256 0 0 0 SW- 302 16 70 1,999 { 1,999 0 0 0 SW-314 16 250 7,140 7,140 0 0 0 SW-320 16 260 7,425 7.425 0 0 0 SW-323 16 250 7,140 7,140 0 0 0 SW- 325 16 290 8,282 8,282 0 0 0 SW-491 8 560 7,674 7,674 0 0 0 SW-525 8 310 4,248 2,124 0 2,124 0 SW-726 8 320 4,385 2,192 0 2,192 0 SW-730 8 190 2,604 1,302 0 1,302 0 SW- 732 8 130 1,781 891 0 891 0 SW- 15 12 470 9,598 j 4,799 0 4,799 0 SW- 16 12 720 14,704 7,352 0 7,352 0 SW- 82 12 180 3,676 ' 1,838 0 1.838 0 ** SW-489 12 230 4,697 2,349 0 2,349 0 SW-498 12 190 3,880 3 1,940 0 1,940 0 SW-528 12 490 10,007 ; 5,003 0 5,003 0 SW-536 12 930 18,992 j 9,496 0 9,496 0 SW-540 12 420 8,577 4,289 0 4,289 0 SW- 541 12 1,760 35,942 17,971 0 17,971 0 SW- 562 12 270 5,514 2,757 0 2,757 0 SW- 563 12 140 2,859 j 1,430 0 1,430 0 SW-582 12 250 5,105 2,553 0 2,553 0 SW-602 12 160 3,267 1,634 0 1,634 0 SW-603 12 180 3,676 1,838 0 1,838 0 SW-612 12 650 13,274 6,637 0 6,637 0 SW- 638 12 160 3.267 1,634 0 1,634 0 SW-677 12 110 2,246 1,123 0 1,123 0 SW-712 12 550 11,232 5,616 0 5,616 0 SW-724 12 960 19,605 9,802 0 9,802 0 SW-734 12 270 5,514 2,757 0 2,757 0 SW-767 12 430 8,781 4,391 0 4,391 0 SW-833 12 380 7,760 3,880 0 3,880 0 Total 965,730 $13,890.999 $3,357,760 $531,341 $718,697 $9,283,202 ** SEE ATTACHED REVISION FOR: SW-489 Through SW-734 C:\QPWWIPES.WB1 37 of 37 Tigard Water District Allocation of Distribution Pipes Utility Plant Values Net of Accumulated Depredation Allocation Total Asset Diam Length Asset Tigard City of Number (In) (ft) Value($) Water District Durham King City Tigard SW-489 12 230 4,592 . 2.296 0 2,296 0 SW-498 12 190 3.793 1,897 0 1,897 0 SW-540 12 420 8,385 4,193 0 4,193 0 SW-541 12 1,760 35,138 ' 17,569 0 17,569 0 SW-562 12 270 5,391 . 2,695 0 2.695 0 SW-563 12 140 2,795 ; 1,398 0 1,398 0 SW-582 12 250 4,991 ' 2,496 0 2,496 0 SW-602 12 160 3,194 ! 1,597 0 1,597 0 SW-603 12 180 3,594 1,797 0 1,797 0 SW-612 12 650 12,977 ° 6,489 0 6,489 0 SW-638 12 160 3,194 i 1,597 0 1,597 0 SW-677 12 110 2,196 '; 1,098 0 1,098 0 SW-724 12 960 19,166 I 9,583 0 9,583 0 SW-734 12 270 5,391 2,695 0 2,695 0 Total 979,430 $13,929,878 $3,310,824 $604,503 $728,970 $9,285,580 • tigard\pipes I.wb 1 08/31/94