| |
|
THE FINANCE PLAN
The Capital Program Coordination, Management and Finance Plan (the Finance Plan) provides Cascade's
Board of Directors and its General Manager a management tool to
assist them in making decisions necessary to implement the water
supply purposes of the Interlocal Contract and Cascade's
2004 Transmission and Supply Plan (TSP). The Finance
Plan describes financing elements necessary to implement the TSP
and the capital improvements described herein as the "cooperative
undertaking" that Members intend to implement through Cascade's
"watershed management partnership". The Finance Plan is Cascade's
"watershed management plan" and it enables Cascade to carry out
cooperative undertakings.
The Finance Plan contemplates that the financing options needed
to implement the Interlocal Contract and the TSP must be fiscally
sufficient and programmatically diverse so that Cascade can meet
its current and anticipated obligations. As a management tool, the
Finance Plan provides a summary description of Cascade's service
area and its current system, an outline of Cascade's projected supply
and demand forecasts, and the financing options to meet current
and projected need.
The Finance Plan does not authorize or constitute separate action
or approval by Cascade with regard to any project, activity or program
that has not been separately and expressly approved by Cascade after
compliance with all applicable SEPA environmental review requirements.
Until Cascade's TSP receives final approval, adoption of this Plan
does not authorize Cascade to make expenditures for capital projects,
except to fulfill contractual obligations for the purchase of water
supply, to pay for the purchase of existing capital improvements,
or to purchase water supply.
The Finance Plan describes the water system, water supply strategy,
system analysis, infrastructure needs, capital improvement and financial
programs.
Download
the Finance Plan
|
