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HomeMy WebLinkAboutMidAmerican Refundable Advance forCES Extension Proposal - 8.7.2023Micamerican ENERGY OBSESSIVELY. RELENTLESSLY AT roam SIRVICf. May 8, 2023 City of Waterloo Attn: Noel Anderson noel.anderson@waterloo-ia.org MidAmerican Energy Attn: Amy M Adams - DMGF PO Box 657 Des Moines, IA 50306 Reference: Electric distribution to serve future development(s) along Warp Dr., Waterloo, IA. WMIS: 3006919 — City Portion Revision II Dear Noel: We are pleased to submit the Refundable Advance for Construction Underground Electric Service Extension Proposal for Speculative Use for the above project. This proposal is valid for 90 days and if MidAmerican Energy construction has not commenced within 12 months it may be voided. Please sign and return the proposal as soon as you are ready to commit to the work. You may withhold payment until 30 days before MidAmerican Energy Company is ready to schedule the work. In the meantime, please keep me informed of your schedule. After we have received your payment, we will sign and return a copy of the proposal for your records. If you have any questions, please call me at (515) 252-6701. Sincerely, MidAmerican Energy Company Amy M Adams Customer Project Coordinator Enclosures MidAmerican ENERGY OBSESSIVELY. RELENTLESSLY AT roam SIRVICf. MidAmerican Energy Attn: Amy M Adams - DMGF PO Box 657 Des Moines, IA 50306 REFUNDABLE ADVANCE FOR CONSTRUCTION UNDERGROUND ELECTRIC DISTRIBUTION EXTENSION PROPOSAL FOR SPECULATIVE USE — WMIS: 3006919 — City Portion Revision II MidAmerican Energy Company, an Iowa corporation and the City of Waterloo ("Applicant"), agree as follows: 1. MidAmerican Energy Company will extend its electric lines underground to serve 3PHS, 120/208V service to future development(s) along Warp Dr., Waterloo, IA as shown on the attached drawings. 2. MidAmerican Energy Company will furnish the necessary labor and materials required to fulfill its undertaking, as specified above, and will commence such work as soon as reasonable and practicable after the execution of this Proposal and receipt of Applicant's cash deposit indicated below and will prosecute such work to completion with reasonable diligence. 3. In consideration of the receipt of a payment in the amount of $24,374.56 which is a refundable Advance for Construction, MidAmerican Energy Company agrees to construct necessary electric facilities as set forth above. Please submit payment with Applicant's signed acceptance of this Proposal. If MidAmerican Energy Company is required to work during the winter construction season, Applicant agrees to pay an additional sum of $4.93 per trench foot as a refundable Advance for Construction for all required trenching. 4. The Advance for Construction to the transformer North of 108 Warp Dr., Waterloo, IA shall be subject to refund by MidAmerican Energy Company to Applicant based upon the following terms and conditions: a. Advances shall not accrue interest and shall be subject to refund from the date of original advance payment. This will span a six -year period at the rate of fifty percent (50%) of the annual metered electric service bill of the above Applicant. Base revenue shall be estimated annual kilowatt hours based on similarly situated customers, less the cost of fuel. b. If additional customers are connected to the above described line extension, the above Applicant shall receive refunds equal to three times estimated base revenue for each additional new customer to the extent the base revenue exceeds the additional distribution construction costs incurred by MidAmerican Energy Company. Base revenue shall be estimated annual kilowatt hours based on similarly situated customers, less the cost of fuel. Micamerican ENERGY OBSESSIVELY. RELENTLESSLY AT roam SIRVICf. MidAmerican Energy Attn: Amy M Adams - DMGF PO Box 657 Des Moines, IA 50306 c. Refunds shall be made on the anniversary date of the original advance payment or sooner at the option of MidAmerican Energy Company. d. Revenue for un-metered private lighting shall not be included in any refund. e. No refunds shall be made for revenue received after six (6) years from the date of the original advance payment. f. Never shall the total of refunds exceed the refundable portion of the payment stated above. g. No refunds shall be made for customers served from a further extension of the above described electric line extension. 5. This section refers to any connection made to the primary line extension. Pursuant to MidAmerican Energy Company's electric tariff, Refundable Advances are paid by the customer prior to construction, and may be refunded in whole or in part based upon the following terms and conditions. a. Refundable Advance shall be subject to refund to the Applicant for a ten- year period from the date of the original Refundable Advance payment. b. Refundable Advance shall not accrue interest. c. Refunds shall be made annually on or about the anniversary date of the original advance payment. d. Annual refunds will be based on the number of new customers at the identified lots that have directly connected to the electric distribution expansion in the prior year. The amount refunded will be equal to the estimated three-year base revenue from those customers less any additional costs to extend service to them. Base revenue is equal to estimated annual revenue, less fuel expenses and energy efficiency cost recovery charges, based on revenue received from similarly situated customers. Base revenue amounts to be applied to new customers are re -estimated each year using the most current information available, and may adjust upward or downward depending on the circumstances. e. No refunds shall be made for revenue received after ten (10) years from the date of the original advance payment. Micamerican ENERGY OBSESSIVELY, RELENTLESSLY AT roam SIRVICf. MidAmerican Energy Attn: Amy M Adams - DMGF PO Box 657 Des Moines, IA 50306 f. At no time shall the total of refunds exceed the original Refundable Advance payment. g• No refunds shall be made for customers served from a further extension of the above described electric line extension. Distribution System Expansions without end -user attachments shall not be eligible for refunds unless the following circumstances are met: If a Distribution System Expansion connected during the ten year period off of an already existing Distribution System Expansion, the Revenue Credit shall be applied to the new Expansion first. Any Revenue Credit remaining shall be applied to the connected existing Expansions provided that they have not received a full reimbursements for its Refundable Advance and are within the ten year attachment period. The Revenue Credit will continue to apply to connected existing Expansions until the Revenue Credit is either exhausted, the ten year attachment period has closed, or all Refundable Advances have been reimbursed in full. Total refunds for any Expansion shall not exceed the original Refundable Advance. 6. Except as may hereinafter be provided, MidAmerican Energy Company shall: a. Not tamp the backfill. Applicant agrees to indemnify and hold MidAmerican Energy Company harmless from any and all damages that may result from the non -tamping of backfill operations conducted by MidAmerican Energy Company. In case any action is brought against MidAmerican Energy Company, or any of its agents or employees, relative to such backfill operations, the Applicant shall assume full responsibility for the defense thereof. Upon failure to do so on proper notice, MidAmerican Energy Company reserves the right to defend such action and charge all costs to the Applicant provided, however, that nothing herein shall be construed as an assumption of liability by the Applicant for damages and claims attributable to MidAmerican Energy Company negligence. 7. Applicant shall provide, without cost to MidAmerican Energy Company, such easements as are necessary and incidental to such installation and use of MidAmerican Energy's facilities on private property within the area served. If a 3rd party easement is required any cost associated in obtaining the easement will be paid by the applicant. Micamerican ENERGY OBSESSIVELY, RELENTLESSLY AT roam SIRVICf. MidAmerican Energy Attn: Amy M Adams - DMGF PO Box 657 Des Moines, IA 50306 8. Pursuant to MidAmerican's tariff, the Applicant is required to pay actual permit fees. Permit fees may not be offset by Revenue Credit and are to be paid regardless of whether the applicant is required to pay a Refundable Advance or a Nonrefundable Contribution. 9. Applicant shall be responsible for complying with all aspects of compliance as required by any local, state, or federal permit or plan associated with storm water pollution prevention or erosion control. It is specifically understood and agreed that MidAmerican Energy Company is providing the service requested by the Applicant solely for the Applicant. MidAmerican Energy Company will not become or agree to become a co-permittee or operator for the purpose of applicants' compliance with any local, state or federal permit or plan associated with storm water pollution prevention or erosion control. 10. Applicant shall be responsible for locating and marking all privately owned systems such as water services, culverts, irrigation systems, drainpipes, septic lines, and underground wiring before MidAmerican Energy Company's construction. 11 It is specifically understood and agreed that any distribution systems, or other facilities constructed or installed by MidAmerican Energy Company under terms of this Proposal shall remain the sole property of MidAmerican Energy Company and MidAmerican Energy Company shall determine, as its own judgment indicates, the manner and method of utilization thereof and to extend the same or connect other facilities there to and serve other customers there from as it shall see fit, subject only to such obligations as MidAmerican Energy Company shall have assumed in this Proposal; and no other person shall have any right, title, interest or claim, in or to the said distribution system or other facilities by virtue of any provision of this Proposal. 12. Furnish and install the transformer pad with moat including specified elbows and ducts, according to the enclosed transformer pad drawings and minimum specifications. A level graded, 10-foot minimum clearance is to be maintained from the front of the pad to the nearest fixed structure. 13. Furnish and install an additional secondary duct for temporary service (if required). 14. All duct elbows shall be fiberglass, forty-eight inches in radius, heavy wall, with factory assembled plastic couplings on each end to mate with schedule 40 PVC duct. MidAmerican ENERGY OBSESSIVELY. RELENTLESSLY AT roam SIRVIc . MidAmerican Energy Attn: Amy M Adams - DMGF PO Box 657 Des Moines, IA 50306 15. Furnish and install barrier walls around the transformer that may be required by the governing authorities' standards to shield windows, doors, and other building openings. 16. Furnish and install guard post around transformer (if needed). 17. Notify MidAmerican Energy Company 48 hours before pouring the concrete transformer pad. Please contact me at (515) 252-6701 to arrange for an inspection. 18. Furnish, install, own, and maintain all secondary cable between the transformer and metering point. 19. Install metering instrument transformers sized and furnished by MidAmerican Energy Company, furnish and install the meter socket and test switch for all instrument transformer services. 20. Furnish and install an electric meter setting for each tenant, applicable sockets, conduit, cabinets and wiring according to MidAmerican Energy Company's standards. Please contact your local customer project coordinator to complete the service application to initiate new meter and service connection. 21. Applicant shall furnish, install, own and maintain all 4-inch ducts as shown on attached prints. All ducts shall be black w/red stripe or grey in color, PVC type schedule 40 or schedule 40 HDPE coil -able. Applicant shall install ducts a minimum of forty-two (42) inches and a maximum of forty-eight (48) inches below finish grade with capped and staked ends and equipped with pull wires. MidAmerican Energy Company will provide marker balls for the duct ends. These are available at MidAmerican Energy Company's storeroom. Applicant is responsible for correct placement and depth of conduit. Note: No more than ten (10) conduits allowed within the secondary compartment of the transformer pad. MidAmerican ENERGY OBSESSIVELY, RELENTLESSLY AT YOUR SIAVICf. Proposed this 9th day of May, 2023 MIDAMERICAN ENERGY COMPANY By: Title: APPLICANT: By: QuerEi/z J it Title: Mayor of Waterloo, IA MidAmerican Energy Attn: Amy M Adams - DMGF PO Box 657 Des Moines, IA 50306