3. 1. First SWIFT application submitted
2. First Water Conservation
application
3. First SWIFT project under
construction
4. SWIFT Related State Water Plan
Amendment (tied for first)
Pioneers
10. City of Keller
• $12.6 Million commitment
• $4.2 Million closed
• Interest rate = 1.1%
• Savings = $1.7 Million
11. City of Keller
• First non-native pioneers migrated from
Missouri i 8 ’s
• Railroad allowed town to prosper
• Population 47,000
• Aged water system
• Almost 286 miles of water mains, pipes range
fro ” to ”
• Consistently named one of the best cities to
live, raise a family, and safest cities of its size
12. Keller – The Problem
• Excessive Leakage in older,
problem pipe categories
• Aged, deteriorated water system
• Polybutylene Services
13. Replacement Mains
TYPE OF MAIN: LENGTH OF MAIN IN FEET:
Asbestos Cement (AC) 47,095
Cast Iron 944
Thin Wall PVC (Class Pipe) 13,139
Galvanized Steel 1,068
Polybutylene Services 1,560
TOTAL 63,806
15. From the most current state water plan:
A e ha ced ater loss co trol progra ay i clude
comprehensive water loss audits, active leak detection and repair,
pressure control, replacement of water mains that are a
significant source of water loss, implementation/installation of
automatic meter reading (AMR) technology,
implementation/installation of an advanced meter infrastructure
(AMI) system to significantly reduce water loss, or other measures
dee ed appropriate to pre e t or reduce ater loss.
Enhanced Water Loss Control Program
16. City of Keller Perspective
• Bedford vs. Keller Application
• Did not have to amend the State Water Plan
• Application Process is now On-Line
• Easy for various professionals to add their sections
(Finance, Engineering)
17. Keller vs. Bedford Application
KELLER: BEDFORD:
Amount: $12.6 million $90 million
Main Replacement: 12 miles 150 miles
AMR: No Yes
Design: Yes Yes
Program Management: Yes Yes
Planning: Yes Yes
Incremental Loan Closings: Yes Yes
Categorical Exclusion: Yes Yes
18. Advantages of SWIFT Funding
• Fast Approval
• Better Rules, no federal cross
cutters
• Flexible
• The TWDB has professionals who
are very helpful, responsive
• TWDB willing to work closely with
water systems
19. SWIFT Observations
The ale dar is our e e y…
Aug Sep Oct Nov Dec Jan Feb
Thanksgiving
SWIFT Abridged
Application Due
City Budget
Adopted
Christmas
New Year
20. SWIFT Observations
The ale dar is still our e e y…
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Full
Application
Abridged
Application
Closing
27. Savings Calculator Online
• Visit:
http://www.twdb.texas.gov/financial/programs/SWIFT/index.asp
• Savings is roughly 12% in repayment costs
• $10 million dollar 20 year SWIFT loan saves about $965,000 at
today’s rates
E tity saves roughly % of Boards’ ost of fu ds
30. Keep i i d…
• This program is only for water projects
• Your project must be listed in the most
current State Water Plan
• TWDB reviews bidding documents
• TWDB releases funds from your escrow
account based upon milestones of the project