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Maguire Iron proposes 12-year water-tower plan for Red Bud, citing $213,000 first-year rehab
Summary
Darren Clark of Maguire Iron presented a 12-year asset-management and warranty program to rehabilitate Red Bud's water towers, proposing about $213,000 to fully renovate one tower in year one and spreading remaining costs across subsequent years; staff were asked to return with financing options.
Darren Clark, representing Maguire Iron, told the Public Works committee that his company would fully rehabilitate Red Bud's water towers and manage their coatings under a 12-year asset-management plan that carries a full warranty while the city remains in the program.
"We assume the risk and liability of those tanks," Clark said while outlining the proposal, which he described as a capital improvement plan that brings tanks "back to new condition" in year one and spreads payment over subsequent years. Clark said the initial, full renovation for the larger tower is estimated at $213,000, with subsequent annual fees that decline after the intensive early years.
Clark said the program is designed to avoid unpredictable lump-sum costs in the future by performing preventive maintenance and by absorbing most unforeseen repair costs himself (he excluded "acts of God," terrorism and a small set of potential change orders from that guarantee). He explained the program would cover coatings and labor and includes engineering, permits and disposal of lead-based paint where necessary.
Josh (public works staff) and other committee members pressed for timing, financing and operational impact. Josh said the capital plan currently contains funds that could be used to start the program but asked for a formal spending plan. "We have money in the capital plan now to get us going," he said, urging staff to bring detailed financing options back to the committee.
Officials also asked which items were excluded: Clark identified three potential costly change orders—containment systems for sandblasting, expansion joints and riser-pipe work—and said those could require separate work or funding if they arose. He estimated the coating work itself would take roughly 3–8 weeks per tank (shorter estimates were offered when weather permits) and said the company had been holding the presented pricing for about 90 days while continuing to monitor market pressures such as steel and paint tariffs.
Committee members requested staff (Josh and Liz from finance) to prepare budget scenarios showing cash-flow impacts and potential rate effects before any formal authorization.
Next steps: staff will return to the committee with a financing plan and updated figures for committee consideration.
