Sauble Sewer Project Cost Details

The estimate for construction of the current Sauble Sewage System design is $12,735,867.31. As with most projects of this type, cost overruns can be expected.

The Town has an agreement with The Building Canada Fund - Community Component for a maximum of $6,240,000.00 in funding.

Users of the Sauble Sewage System will have to pay for the difference of $6,495,867.31 plus the non-funded costs.

Based on the current accrued costs and the original system design, the average cost per connection is $25,396.77.

In addition users will also be required to pay hookup costs.

The following table details the costs to date:

Date Amount Payee Project Cost  
07/16/2008 $2,109.19 Henderson Paddon $2,109.19 detail...
05/27/2009 $7,741.99 Genivar $9,851.18 detail...
06/10/2009 $11,371.73 Genivar $21,222.91 detail...
07/01/2009 $9,878.14 Genivar $31,101.05 detail...
07/01/2009 $5,000.00 Lendon $36,101.05 detail...
07/15/2009 $24,181.37 Genivar $60,282.42 detail...
08/12/2009 $2,380.95 Hewett Milne $62,663.37 detail...
08/26/2009 $27,857.94 Genivar $90,521.31 detail...
08/26/2009 $9,080.00 Harry Hendry $99,601.31 detail...
08/26/2009 $445,000.00 Harry Hendry $544,601.31 detail...
09/30/2009 $3,500.00 Connestoga Rovers $548,101.31 detail...
09/30/2009 $1,812.85 E.C.King $549,914.16 detail...
09/30/2009 $1,312.50 Interest $551,226.66 **
10/14/2009 $26,605.77 Genivar $577,832.43 detail...
10/31/2009 $1,312.50 Interest $579,144.93 **
11/11/2009 $46,020.40 Genivar $625,165.33 detail...
11/11/2009 $772.80 Sun Times $625,938.13 detail...
11/11/2009 $194.88 Wiarton Echo $626,133.01 detail...
11/30/2009 $1,312.50 Interest $627,445.51 **
12/10/2009 $102,197.24 Genivar $729,642.75 detail...
12/16/2009 $972.00 County of Grey $730,614.75 detail...
12/16/2009 $1,060.00 Bruce County Planning $731,674.75 detail...
12/31/2009 $1,312.50 Interest $732,987.25 **
01/13/2010 $96,501.37 Genivar $829,488.62 detail...
01/13/2010 $1,950.82 Greenfield Barrie $831,439.44 detail...
01/27/2010 $13,144.32 Genivar $844,583.76 detail...
01/27/2010 $33,270.00 Inspec-Sol Engineering $877,853.76 detail...
01/31/2010 $1,312.50 Interest $879,166.26 **
02/10/2010 $12.00 Greenfield Barrie $879,178.26 detail...
02/10/2010 $170.98 Greenfield Barrie $879,349.24 detail...
02/10/2010 $2,482.00 Ron Davidson $881,831.24 detail...
02/28/2010 $1,312.50 Interest $883,143.74 **
03/10/2010 $59,270.47 Genivar $942,414.21 detail...
03/10/2010 $360.50 Greenfield Barrie $942,774.71 detail...
03/31/2010 $1,312.50 Interest $944,087.21 **
04/14/2010 $187.46 Greenfield Barrie $944,274.67 detail...
04/14/2010 $103.00 Greenfield Barrie $944,377.67 detail...
04/30/2010 $1,312.50 Interest $945,690.17 **
05/12/2010 $1,079.44 Greenfield Barrie $946,769.61 detail...
05/21/2010 $25,798.20 Genivar $972,567.81 detail...
05/31/2010 $1,312.50 Interest $973,880.31 **
06/04/2010 $391.40 Greenfield Barrie $974,271.71 detail...
06/09/2010 $99.79 Royal Bank Visa $974,371.50 detail...
06/18/2010 $7,160.50 Genivar $981,532.00 detail...
06/30/2010 $1,312.50 Interest $982,844.50 **
07/14/2010 $13,495.17 Genivar $996,339.67 detail...
07/14/2010 $16.67 Clerk $996,356.34 detail...
07/29/2010 $54.19 Greenfield Barrie $996,410.53 detail...
07/31/2010 $1,312.50 Interest $997,723.03 **
08/31/2010 $1,312.50 Interest $999,035.53 **
09/01/2010 $29,184.39 Genivar $1,028,219.91 detail...
09/15/2010 $1,140.57 Greenfield Barrie $1,029,360.48 detail...
09/30/2010 $991.47 Greenfield Barrie $1,030,351.95 detail...
09/30/2010 $1,312.50 Interest $1,031,664.45 **
10/12/2010 $1,149.62 Greenfield Barrie $1,032,814.07 detail...
10/27/2010 $643.12 Ross Trask Const. $1,033,457.19 detail...
10/31/2010 $1,312.50 Interest $1,034,769.69 **
11/10/2010 $142.97 Sauble Bulletin $1,034,912.66 detail...
11/10/2010 $490.17 Greenfield Barrie $1,035,402.83 detail...
11/10/2010 $30,971.96 Genivar $1,066,374.79 detail...
11/30/2010 $1,052.02 Interest $1,067,426.81 **
12/22/2010 $5,990.50 Genivar $1,073,417.31 detail...
12/22/2010 $23,045.31 Greenfield Barrie $1,096,462.62 detail...
12/31/2010 $1,125.66 Interest $1,097,588.28 **
12/31/2010 $30,554.27 Adjust per Report $1,130,251.74 detail...
01/12/2011 $26,726.42 Genivar $1,156,978.16 detail...
01/12/2011 $4,440.73 Greenfield Barrie $1,161,418.89 detail...
01/26/2011 $29,184.77 Genivar $1,190,603.66 detail...
01/26/2011 $232.01 Sun Times $1,190,835.67 detail...
01/31/2011 $1,204.46 Interest $1,192,040.13 **
02/28/2011 $1,288.77 Interest $1,193,328.90 **
03/22/2011 $4,645.20 Genivar $1,197,974.10 detail...
03/31/2011 $1,378.98 Interest $1,199,353.08 **

** Interest costs are estimated based on $450,000.00 borrowed at an average annual interest rate of 3.5%

A summary of expenditures and sources of financing for the Sauble Sewer capital project that began in 2009. The total capital costs to December 31, 2010 has been revised to $1,125,964.87 as noted on the attachment.
Note: the document does not include interest for November-December 2010.