afternoon it is just past five thirty on may fourth two thousand and fifteen we are here for the town of richmond water and sewer commissioners meeting we have a number of agenda items before the select board meet seven i it's unfair to ask you to do this today but perhaps what we can do is put together a list of cost it had actually been incurred that we incurred  budget were a future budget we do have fifty three thousand dollars remaining unspent from the jericho road project from four years ago the remaining is essentially three hundred fifty care so if you want to take bill if you want this built this year you have to come up with three hundred fifty thousand in cash and i think we can do it with a combination of the reserves we have now think it's difficult to do that and show that you're actually accomplishing things because you might be able to say you're going to do that next year you're going to reduce the rates because you're going to reduce  equity for this project experience that it's the only way to come up with a carriage you know in a sense that if we think of the research says saving for a rainy day it's raining in nobody's good rates if this goes back to a redesign it's not going to be the same size it is now we all know that there's no reason to redesign the take beyond what pete's already come up with so if you send this back to the drawing board you're going for smaller testing to try to effect some other savings which who knows what that might be a couple of hundred dollars probably still looking more than what we still a question mark over again it has to pay for itself and generate some benefit to existing users so we have sort of there all this is what somewhat difficult we have three projects that each with a total life we talk about this and we could return to it and part of the serious business plan for each meaning is not just what it would cost to replace the lines but then there's the cost savings from the future reduced not being funded through the state one right  annual meeting route to we want to be able to have a brand new water line that crosses that road so that when they come through on there's no disruption they don't break any lines if the more like twenty or thirty minutes so we can walk through the actual document when maybe the agenda is cleared a little bit so it makes sense today as it does and i preach a candle you putting it together it feels kind two to three percent rate increase every year going forward on so i think as we sort of two separate issues the first issue is are you do what you want to do about the level of capital funding year i'm thinking we could take the water capital reserve and increase that by twenty thousand combination of things right for a capital fund is the capital fund versus you can't use the east maine for something else right  so i think you could forward to skip a year because we're dealing with the ta heels of the conversation we just had about i'm struck that we need the history of the research funds has been up and down it was not and then recently it's been more down in the last ten years have somewhat struck at it you know at least for the next several years to not under fund our piece or because of things like the i don't want to go out that day after we vote on spending the money that we have to really been on this specific reserve mine clinician is to suggest that we carry this forward as kendall presented it for a conversation that day and it will mean it's close to the consumer price index it seems unfortunate but also responsible to start building some of our reserves we have tended to deplete them over the last ten or fifteen years and they're not there and they're not they are justice where now engaging in substantial close to our time limit but let me go to the i gender for may eleventh discussion of water system this is the agenda for the annual customer users meeting may eleventh at the library scheduled for seven to nine pm discussion of the water system some ones i think would fall into sort of a superintendent's report that is larger if you tend to look where we are system adopt the budget which we just discussed upcoming projects which are really the three and i would recommend we deal i'm thinking in light of time we'll have to take that a little bit off line between now and monday but be able to talk specifically because i think you're right it would be transparent what does it really mean for me right th treat capital as a cost in the base rate it would be a higher increase your base rate but then that would say what it would look like for your total cost would be back to the two percent or three