1040.33 SEWER RENTAL FUND.
   (a)   The Sewer Rental Fund is an account into which collections from sewer service charges are deposited. The Sewer Rental Fund shall be used to pay the costs of management, administration, operation and maintenance (including replacement) of the sewage works; the debt service resulting from capital improvements to the sewage works; land acquisition costs; and additions to the sinking fund for retirement of the debt.
   (b)   That portion of sewer service charges collected for operation, maintenance and replacement (OM&R) costs shall be accounted for separately and shall be utilized only for those costs associated with OM&R. A portion of the funds collected for OM&R, but not less than one hundred and fifty thousand dollars ($150,000) per annum, shall be deposited in an interest bearing account (Sewerage Works Replacement), the principal and interest from which shall be restricted in use to offset major maintenance and/or replacement costs associated with; but not necessarily limited to, the major equipment items set forth in subsection (c) hereof.
   (c)   Major equipment items are as provided in the following table.
 
Cost To Replace
Estimated Useful Life (Yrs.)
Cost Per Year To Replace
Cost To Replace
Estimated Useful Life (Yrs.)
Cost Per Year To Replace
Bar Screen Drive Equipment
$ 5,000
$ 20
$ 250
Dry Pit Sewage Pumps (Influent-Raw Sewage)
170,000
20
8,500
Submersible Sewage (Influent-Raw Sewage)
50,000
20
2,500
Grit Classifier
68,000
10
6,800
Grit and Scum Removal
162,000
20
8,100
Scum Concentrator
78,000
20
3,900
Scum Skimming Equipment
14,000
10
1,400
Grit and Scum Pumps
4,000
5
800
Primary Clarifier Equipment
200,000
20
10,000
Centrifugal Air Blowers
255,000
20
12,750
Rotary Positive Disp. Blowers
10,000
20
5,000
Air Life Pumps
40,000
20
2,000
Final Clarifier Equipment
300,000
20
15,000
Chlorination Equipment
58,000
20
2,900
Submersible Effluent Pump
150,000
20
7,500
Recessed Impeller Sludge Pumps
134,000
20
6,700
Belt Thickeners
130,000
20
6,500
Submersible Mixers
50,000
20
2,500
Fixed Digester Cover
110,000
30
3,667
Gas Bolding Digester Cover
200,000
30
6,667
Digester-Mixing and Beating
330,000
20
16,500
Gas Handling and Safety Equip.
53,000
20
2,650
Screw Centrifugal Pumps
120,000
20
6,000
In-Line Grinders
63,000
10
6,300
Hydroneumatic Tank System
48,000
20
2,400
Polymer Feed System
128,000
20
6,400
Screw Conveyers
23,000
20
1,150
Average (in 1988 dollars)
2,953,000
154,834
(Ord. 91-59. Passed 10-21-91.)