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Revised 1/84 PROPOSED CABARRUS COUNTY WATER sYsTEM WHAT'S BEING PROPOSED The Cabarrus County Board of Commissioners is proposing to construct Phase 1 water facilities of the Cabarrus County Water System. This first phase will serve seven separate areas, Proposed water lines are shown on the attached maps by area· WHERE IS THE WATER COMING FROM The county presently has a bulk water purchase agreement with the Concord Board of Water and Light for at least 1,O00,O00 gallons of water per day (MGD). (This is sufficient to serve approximately 5,000 customers or 12,500 people) Concord pre- sently has treatment capacity of approximately 10 MGD with an average daily demand of about 5 to 6 MGD. WHO IS GOING TO OWN/OPERATE THE SYSTEM The Board of Commissioners have voted to establish a County Water and Sewer District to provide water in the seven service areas. Cabarrus County will maintain, own and operate all water facilities in these seven areas. WHEN WILL THE SYSTEM BE DEVELOPED Tentatively construction would begin in the later part of 1984 and would be completed in the later part of 1985. WHATS ALL THIS GOING TD COST The total cost of the proposed first phase of the Cabarrus County Water System is $11,060,000. A breakdown of expenditures and customers served is in a project cost summary. Cabarrus County has received a loan/grant from the Farmer's Home Administration and a state grant to defray the major portion of this expense. The planned funding is as follows: -Farmers Home Administration $ 7,000,000 -$5,574,000 loan at 9.125% interest for 40 years · -$1,426,000 grant ~ -State of North Carolina-Clean Water Bond $ 863,000 .v~j .~ Grant · ~ 06L~ -Cabarrus County $ 3,197,000 \~ ~.x~.~x "~lliSO0'o00 c°unty'Oesignated!i-$1,697,000 GOB ~ ~ ~.'~>'~)~OC-.. '~C~'"~",~'~e~ $ 11,060,000 ) In addition to these costs $660,000 in county ~unds is also needed to extend a transmission line to the Mid]and service area along U.S. 601 from its intersection with Flowe Store Road.