Resolution #17-23: Resolution Endorsing the Commencement of an Asset Management Study

Date of Adoption: February 16, 2017

WHEREAS, the VTMUA is entrusted with the oversight and management of the sewer service system assets including, but not limited to, pipes, pump stations, etc.; and

WHEREAS, the VTMUA believes it to be in the best interest of the VTMUA rate users as well as the township to endorse and recommend the commencement of an evaluation of these assets; and

WHEREAS, the VTMUA believes such a valuation will result in future cost savings to the rate payers of the township; and

WHEREAS, the VTMUA believes that the administration of the township supports the actions undertaken by the VTMUA in this regard.

NOW THEREFORE BE IT RESOLVED by the commissioners of the Vernon Township Municipal Utilities Authority that evaluation of the assets managed by the VTMUA is hereby recommended to be performed.

BE IT FURTHER RESOLVED that the commissioners recommend that the VTMUA engineer perform said evaluation upon the submission of a proposal detailing the scope and services of said work.