20260714 Special Village Board Meeting Packet

Post Date: July 10, 2026 Village of Somers 7511 12th Street Somers, WI 53171 Village Special Board Meeting Agenda Tuesday, July 14, 2026 4:00 p.m. Village Board Meeting: Item # 1 Call to order 2 Pledge of Allegiance 3 Citizens Comments 4 Review and discuss the financial management plan. No action will be taken. 5 Possible action on the submission of the Public Services Commission (PSC) Rate Case application: a) Payment in Lieu of Taxes (PILOT) fee b) Conversion to a direct public fire protection fee 6 Review and consider possible action on funding options for the Pike Creek Lift Station upgrades and vault pit on Highway E and 39th Avenue through TID funds 7 Adjourn I hereby certify that as the designee of the chief elected official of the Village of Somers, I posted this notice of the July 14th, 2026 Special Village Board Meeting Agenda in 1 public place & on the Village website. Dated this Tenth day of July, 2026 Wendy Burnette , Clerk-Treasurer Requests from person with disabilities who need assistance to participate in this meeting should be made to the Clerk’s Offic e at 262- 859-2822 with as much notice as possible. Notice is hereby given that members of the Village Board may participate telephonically. Notice is hereby given that members of the Town Board may be in attendance for the sole purpose of gathering information. A quorum may be present. However, no Town Board action will be taken. 1/41 Village of Somers Financial Management Plan & Water Rate Update July 14, 2026 2/41 2 Operating Budget Deficit Actual/Estimated Operating Deficit 2026 540,805 2028 618,832 2030 833,755 *Currently using fund balance or abated debt capacity to addres s the defi ci t. 3/41 3 Proposed TID Closure Analysis and Levy Limit Benefit Represents the amount of existing incremental value shown in the year that each TID may close Proposed Year of Closure TID Closure 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 TID 1 - - - - - - - 123,834,000 - - TID 2 - 143,496,100 - - - - - - - - TID 3 - - - - 159,916,000 - - - - - TID 4 - - - - - - - - - - TID 5 - - - - - - - - - - TID 6 - - - - - - - - - - 4/41 4 Levy Limit Analysis – TID 2 Closure Levy Year 2024 2025 2026 2027 2028 2029 Calendar/Budget Year 2025 2026 2027 2028 2029 2030 Line Actual Projected Projected Projected Projected Projected I Will Close a TID Before April 15 in This Calendar Year No Yes No Yes No No Enter Projected TID Increment Value in Shaded Cell 143,496,100 Enter Projected Total TID OUT EV in Closure Year in Shaded Cell 1,233,691,152 Terminated TID % (50% of increment value as a percentage of TID OUT EV) #DIV/0! 0.07% #DIV/0! 5.82% #DIV/0! #DIV/0! Applied to Prior Year Adjusted Actual Levy #DIV/0! 2,459 #DIV/0! 204,866 #DIV/0! #DIV/0! Net New Construction Enter Assumed Net New Construction Percentage 13.363% 2.473% 2.000% 2.000% 2.000% 2.000% Applied to Prior Year Adjusted Actual Levy 396,991 83,286 69,071 70,453 75,959 77,478 Less: Next Year's Personal Property Aid (35,851) (35,851) (35,851) (35,851) (35,851) (35,851) Levy Limit Before Adjustments 3,331,963 3,417,708 3,486,779 3,762,098 3,838,057 3,915,535 Line 5 - 6 Adjustments •$204,866 (in current dollars) is estimated one time levy limit increase for closing TID 2 5/41 5 Other Alternative Revenues Reviewed the conversion of garbage collection to a direct charge and concluded it would not increase levy capacity Converting recycling to a direct charge would help free approximately $218,000 in levy capacity 6/41 6 PILOT (Option 1): Maximum Amount •$535,296 is the full PILOT Payment •26.70% = Rate increase with PILOT •Rate Inc. 100% caused by PILOT 7/41 7 PILOT (Option 2): 50 Percent •$267,648 is 50% allocated to PILOT •13.31% Rate Increase due to PILOT 8/41 8 Option 3 (PILOT): Percentage Based • $235,530 is 44% allocated to PILOT. Calculated % = number of total Village parcels as a % of total Water Customers. • 11.70% rate increase due to PILOT 9/41 9 PILOT Comparison (Option 1, 2, and 3) 10/41 10 217k PFP Conversion Estimated Impact PFP Proposed Current 217,077.00$ Additional Conversion Quarterly Annual Quarterly Plus Current Meter Size Charge Totals Rate Rate Rate Rates 5/8" $0.00 647 12.00 $ 74.44 18.61 30.61 $ 3/4" $0.00 290 12.00 $ 74.44 18.61 30.61 $ 1" $0.00 426 30.00 $ 186.11 46.53 76.53 $ 1 1/4" $0.00 0 44.00 $ 275.44 68.86 112.86 $ 1 1/2" $0.00 54 60.00 $ 372.22 93.05 153.05 $ 2" $0.00 53 96.00 $ 595.55 148.89 244.89 $ 3" $0.00 3 180.00 $ 1,116.65 279.16 459.16 $ 4" $0.00 3 300.00 $ 1,861.09 465.27 765.27 $ 6" $0.00 2 600.00 $ 3,722.17 930.54 1,530.54 $ Notes: 1) This is based on the most recent count from the Village, this does not include non-customers. 11/41 11 PFP Impact to Sample Resident Water Bills • PFP Notice only shows water bill change and not total cost of water change • Non-customers are not included Quarterly Water Bill (Current) $74.83 $0.00 $0.00 Quarterly Water Bill (After Increase) 0 $94.81 $94.81 Water Bill PFP $12.00 $30.61 $30.61 Water Bill Charges $86.83 $125.42 $125.42 $ over Current Water Bill $38.59 % over Current Water Bill 44% Quarterly Levy PFP $17.67 $0.00 Current Cost of Water $104.49 $125.42 $125.42 $ over Current Cost of Water $20.92 % over Current Cost of Water 20% Quarterly Utlity Bill Comparison Current with PFP on Levy What Communication from PSC will Reflect Total Change in Water Charges 12/41 12 217k PFP Conversion Estimated Impact - Non-Customers Included PFP Proposed Current 217,077.00$ Additional Conversion Quarterly Annual Quarterly Plus Current Meter Size Totals Rate Rate Rate Rates 5/8" 2,438 12.00 $ 46.12 11.53 23.53 $ 3/4" 290 12.00 $ 46.12 11.53 23.53 $ 1" 426 30.00 $ 115.29 28.82 58.82 $ 1 1/4" 0 44.00 $ 170.64 42.66 86.66 $ 1 1/2" 54 60.00 $ 230.59 57.65 117.65 $ 2" 53 96.00 $ 368.94 92.24 188.24 $ 3" 3 180.00 $ 691.77 172.94 352.94 $ 4" 3 300.00 $ 1,152.95 288.24 588.24 $ 6" 2 600.00 $ 2,305.90 576.47 1,176.47 $ Notes: 1) This is based on the most recent count from the Village, this includes water customers and non-customers 13/41 13 PFP Impact to Sample Resident Water Bills (Includes Non-Customers) • PFP Notice only shows water bill change and not total cost of water change • Includes both water utility customers and non-customers Quarterly Water Bill (Current) $74.83 $0.00 $0.00 Quarterly Water Bill (After Increase) 0 $94.81 $94.81 Water Bill PFP $12.00 $23.53 $23.53 Water Bill Charges $86.83 $118.34 $118.34 $ over Current Water Bill $31.51 % over Current Water Bill 36% Quarterly Levy PFP $17.67 $0.00 Current Cost of Water $104.49 $118.34 $118.34 $ over Current Cost of Water $13.84 % over Current Cost of Water 13% Quarterly Utlity Bill Comparison Current with PFP on Levy What Communication from PSC will Reflect Total Change in Water Charges 14/41 14 • Village will need to provide direction by JULY 31, 2026 on:  PILOT payment  Public Fire Protection Charge Conversion • Water Rate Application filed with the PSC  PSC auditor and rate analyst assigned Water Rate Case Timeline 15/41 15 Questions? 16/41 VILLAGE OF SOMERS SPECIAL VILLAGE BOARD MEETING ITEM MEMORANDUM MEETING DATE: July 14, 2026 TO: Village President Stoner and Village Trustees PREPARED BY: Jim Hurley, Village Administrator REVIEWED BY: Kevin Poirier, Assistant Administrator AGENDA ITEM: #5 Possible action on the submission of the Public Services Commission (PSC) Rate Case application: a. Payment in Lieu of Taxes (PILOT) fee b. Conversion to a direct public fire protection fee BACKGROUND: In May, Ehlers presented an analysis of fire/EMS staffing, and the Village’s levy limit. The Board discussed the Village’s use of abated debt, and projected deficit going forward. In June, Ehlers updated its analysis and discussed options to improve the financial stability of the Village. Particularly, we discussed possibly closing some of the TIDs in the near future, and a payment in lieu of taxes (PILOT), and conversion to a direct public fire protection (PFP) fee. Both fees require the approval of the public services commission (PSC), and must be submitted by the end of July. UPDATES: Ehlers has prepared a presentation with options for a PILOT and PFP, and estimated increases for ratepayers. Additional information is available about a direct recycling fee, and the estimated cash flow of the TIDs if the Village approves the approximate $3.8M Pike Creek Lift Station improvement. SUGGESTED ACTION/ACTION REQUESTED/COMMENTS: In the event that the Village Board agrees, a suggested motion to approve would be as follows: 17/41 “Motion to approve submission of the Rate Case application to the Public Service Commission of Wisconsin with a PILOT amount of XX and conversion of the public fire protection fee as discussed.” ATTACHMENTS: Financial Management Plan & Water Rate Update 18/41 VILLAGE OF SOMERS SPECIAL VILLAGE BOARD MEETING ITEM MEMORANDUM MEETING DATE: July 14, 2026 TO: Village President Stoner and Board of Trustees PREPARED BY: Kevin Poirier, Assistant Administrator Josh Fugate, Utilities Manager REVIEWED BY: Jim Hurley, Village Administrator AGENDA ITEM: #6 Discuss and review funding sources for the Pike Creek Lift Station Upgrades, and vault pit on Highway E and 39 th Avenue BACKGROUND: The Pike Creek Lift Station is a critical sanitary sewer facility serving existing development and multiple Tax Increment Districts (TIDs) within the Village. The station is currently near its available wastewater capacity. The lift station and associated 14-inch force main have experienced operational limitations related to pump capacity, force main velocity, and solids deposits. The current system does not provide adequate long-term flexibility to accept additional development flows while also maintaining reliable operation of the existing sanitary sewer system. Improvements are needed to increase operational capacity, improve force main hydraulics, and allow the Village to continue supporting planned development within the affected TID areas. The Village engineers estimate the cost of these improvements to be $3,835,000. UPDATE: Because the station serves both existing non-TID wastewater flows and future development areas within multiple TIDs, staff has reviewed a funding allocation that separates the cost between the existing sewer utility share and the TID-supported development share. Based on current inflow to the station, approximately 25 percent of 19/41 the project cost should be allocated to the non-TID Sewer Utility share. The remaining 75 percent could be allocated to the affected TIDs as follows: TID 1 Share, 31%: $1,188,850 TID 2 Share, 32%: $1,227,200 TID 5 Share, 4%: $153,400 TID 3 Share, 2%: $76,700 TID 6 Share, 2%: $76,700 TID 4 Share, 4%: $153,400 Non-TID / Sewer Utility Share, 25%: $958,750 __________________________________________________________ Total Project Cost: $3,835,000 An option to fund the non-TID sewer utility portion is to include in the next borrowing. The sewer utility currently has an outstanding loan to the water utility that is scheduled to be repaid over 10 years in the amount of approximately $2,100,000, plus 4.5% interest. This repayment amount represents a majority of the proposed non-TID allocation for the Pike Creek improvements and could be used as a comparison point when evaluating the sewer utility’s ability to fund the non-TID share over time. The timing of this project is critical because TID project costs must be committed within the required expenditure period prior to district closure. The majority of the project would be funded by TIDs 1 & 2. TID 2 has been a very successful district for the Village. Even with the contribution outline above, it would be able to close with a positive balance as early as 2027. At this time, the Village does not have any additional qualifying projects for the use of funds from TID 2. SUGGESTED ACTION/ACTION REQUESTED/COMMENTS: In the event that the Village Board agrees: “Direct Staff to prepare a proposal for the funding of the Pike Creek Lift Station Upgrades, and vault pit using TIF funds as outlined.” ATTACHMENTS: Opinion of Cost Financial Management Plan – June 23, 2026 Polymer concrete features Armorock vault design Armorock Quote 20/41 21/41 Project 1 Pike Creek Lift Station Interim Upgrade Unit Two feet per second velocity in entire 14-inch force main Price Amount New Sewage Pumps 1 LS 400,000 $ $400,000 New Generator 1 LS 400,000 $ $400,000 New Motor Controls 1 LS 500,000 $ $500,000 Mechanical Modifications and Flushing Capability 1 LS 600,000 $ $600,000 LS Building Modifications 1 EA 200,000 $ $200,000 Juntion Manhole Delivered and Mark-up 1 EA 200,000 $ $200,000 Junction Manhole Installation with Removal and Bypass Pump 1 ea 200,000 $ $200,000 Air Release Chambers - Larger Equipment 3 EA 50,000 $ $150,000 Interceptor Sewer Inflow Reduction 1 LS 300,000 $ $300,000 Construction Cost $2,950,000 Contingencies and Engineering (30%) $885,000 Project Cost $3,835,000 Improvement Description - Project 1 Project Description and Preliminary Opinion of Probable Cost Future Sanitary Sewer Improvements Downstream of TID 1 Village of Somers, WI Approximate Quantity Replace the two existing 1500 gpm pumps shown on Page 2 with larger pumps that produce a minimum of two feet per second for the entire length of 14-inch force main. Modifications to the existing process piping is needed in addition to replacement of the motor controls and generator for the larger pumps. Fitting modifications are needed to allow flushing of the force main and air release modifications and end junction manhole needed due to H2S degregation. This project will likely be needed before TID 1 closes. 7/1/2026 OPC Page 1 of 1 22/41 Village of Somers Financial Management Planning Update June 23, 2026 23/41 2 • Financial Management Plan General Fund Review • Debt Levy and Upcoming Issues  Managing debt levy drop in 2027 • TID Closures and Pike Creek Lift Station Project Overview 24/41 3 Projected Tax Levy, Rate, & Fund Balance – 5-Year Summary Budget Budget 2025 2026 2027 2028 2029 2030 GENERAL FUND TOTAL REVENUES 8,719,802 8,027,226 9,540,744 9,861,468 9,968,770 10,081,553 TOTAL EXPENDITURES 7,008,143 8,536,262 9,540,744 10,112,922 10,521,261 10,972,201 Net Revenues over Expenditures 1,711,659 (509,036) - (251,454) (552,491) (890,648) TOTAL VILLAGE PROPERTY TAX LEVY 4,813,605 4,444,545 5,968,893 6,299,625 6,416,150 6,537,408 Change in Levy 6.89% -7.67% 34.30% 5.54% 1.85% 1.89% TAX RATE $3.75 $3.43 $4.56 $4.28 $4.32 $4.35 Taxes on a $350,000 property $1,312.37 $1,199.75 $1,595.28 $1,497.85 $1,510.45 $1,523.76 Taxes Delta ($) $84.63 ($112.62) $395.53 ($97.42) $12.60 $13.31 Total Ending Fund Balance $8,364,359 $7,855,323 $7,855,323 $7,603,869 $7,051,378 $6,160,730 Unassigned Fund Bal as % of Expenses 131% 98% 92% 85% 75% 62% Projected 25/41 4 Projected Tax Levy, Rate, & Fund Balance Budget Budget 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 GENERAL FUND REVENUES Taxes Property Taxes General - Village 3,854,331 3,449,476 4,430,815 4,552,572 4,653,384 4,749,290 5,036,464 5,118,312 5,112,189 5,359,871 5,486,641 Property Taxes General - Town 302,047 237,465 225,592 214,312 203,597 193,417 183,746 174,559 165,831 157,539 - Propety Taxes Debt Service - Village 959,274 995,069 1,538,079 1,747,053 1,762,765 1,788,118 1,987,337 2,039,351 2,041,317 2,240,440 2,275,806 Propety Taxes Debt Service - Town 69,678 72,843 69,201 65,741 62,454 59,331 56,365 53,546 50,869 48,326 - Other Taxes 55,896 45,200 45,200 45,200 45,200 45,200 45,200 45,200 45,200 45,200 45,200 Special Assessments 163,588 - - - - - - - - - - Intergovernmental Revenues 1,236,915 1,249,031 1,253,716 1,258,448 1,263,228 1,268,055 1,272,931 1,277,855 1,282,828 1,287,852 1,292,925 Licenses & Permits 630,199 380,125 380,125 380,125 380,125 380,125 380,125 380,125 380,125 380,125 380,125 Fines, Forfeitures & Penalties 224,215 190,025 190,025 190,025 190,025 190,025 190,025 190,025 190,025 190,025 190,025 Public Charges for Services 598,988 922,280 922,280 922,280 922,280 922,280 922,280 922,280 922,280 922,280 922,280 Miscellaneous Revenues 544,000 485,712 485,712 485,712 485,712 485,712 485,712 485,712 485,712 485,712 485,712 Other Financing Sources 80,671 - - - - - - - - - - TOTAL REVENUES 8,719,802 8,027,226 9,540,744 9,861,468 9,968,770 10,081,553 10,560,184 10,686,965 10,676,377 11,117,369 11,078,713 EXPENDITURES General Administration 1,348,526 1,662,964 1,693,636 1,758,498 1,828,025 1,902,757 1,983,311 2,070,393 2,164,806 2,267,471 2,379,439 Public Safety 3,464,293 4,297,460 4,669,610 4,904,941 5,160,214 5,437,911 5,740,869 6,072,332 6,436,014 6,836,165 7,277,656 Public Works 1,006,852 1,290,389 1,343,208 1,399,572 1,459,875 1,524,569 1,594,164 1,669,248 1,750,488 1,838,648 1,934,601 Parks & Recreation 9,741 19,016 20,052 21,184 22,425 23,789 25,293 26,955 28,797 30,843 33,122 Neighborhood Services/Planning 149,779 198,521 206,959 215,934 225,502 235,727 246,679 258,440 271,104 284,777 299,578 Transfers - - - - - - - - - - - Debt Service 1,028,952 1,067,912 1,607,279 1,812,794 1,825,219 1,847,449 2,043,702 2,092,897 2,092,186 2,288,766 2,275,806 Contingencies TOTAL EXPENDITURES 7,008,143 8,536,262 9,540,744 10,112,922 10,521,261 10,972,201 11,634,018 12,190,265 12,743,395 13,546,668 14,200,201 Net Revenues over Expenditures 1,711,659 (509,036) - (251,454) (552,491) (890,648) (1,073,834) (1,503,301) (2,067,018) (2,429,300) (3,121,488) Change in General Fund levy from prior year 7.95% -10.50% 28.45% 2.75% 2.21% 2.06% 6.05% 1.63% -0.12% 4.84% 2.37% Change in Debt Service levy from prior year 2.84% 3.73% 54.57% 13.59% 0.90% 1.44% 11.14% 2.62% 0.10% 9.75% 1.58% TOTAL VILLAGE PROPERTY TAX LEVY 4,813,605 4,444,545 5,968,893 6,299,625 6,416,150 6,537,408 7,023,801 7,157,663 7,153,507 7,600,311 7,762,446 Change in Levy 6.89% -7.67% 34.30% 5.54% 1.85% 1.89% 7.44% 1.91% -0.06% 6.25% 2.13% ASESSED VALUE (TID OUT) 1,283,758,100 1,296,595,681 1,309,561,638 1,472,020,499 1,486,740,704 1,501,608,112 1,516,624,193 1,531,790,435 1,547,108,339 1,677,169,876 1,693,941,575 TAX RATE $3.75 $3.43 $4.56 $4.28 $4.32 $4.35 $4.63 $4.67 $4.62 $4.53 $4.58 TAX RATE DELTA ($) $0.24 ($0.32) $1.13 ($0.28) $0.04 $0.04 $0.28 $0.04 ($0.05) ($0.09) $0.05 Taxes on a $350,000 property $1,312.37 $1,199.75 $1,595.28 $1,497.85 $1,510.45 $1,523.76 $1,620.92 $1,635.46 $1,618.33 $1,586.07 $1,603.87 Taxes Delta ($) $84.63 ($112.62) $395.53 ($97.42) $12.60 $13.31 $97.16 $14.54 ($17.13) ($32.26) $17.80 Total Ending Fund Balance $8,364,359 $7,855,323 $7,855,323 $7,603,869 $7,051,378 $6,160,730 $5,086,896 $3,583,595 $1,516,577 ($912,723) ($4,034,211) Unassigned Fund Bal as % of Expenses 131% 98% 92% 85% 75% 62% 47% 30% 14% -8% -34% Projected 26/41 5 FMP Future Debt Sizings 2026 2028 2031 2032 G.O. Notes G.O. Notes G .O. Notes G.O. Notes Net Borrowing Requirement 13, 375,000 1,509,000 1,405,000 10,000,000 Estimated Issuance Expenses 300,388 82,850 79,650 269,738 TOTAL TO BE FINANCED 13,675,388 1,591,850 1,484,650 10,269,738 Estimated Interest Earnings 3.00% (100,313) 3.00% (11,317.50) 3.00% (10,537.50) 3.00% (75,000) Assumed spend down (months) 3.00 3.00 3.00 3.00 Rounding 99,925 4,468 888 263 NET BOND SIZE 13,675,000 1,585,000 1,475,000 10,195,000 27/41 6 Future GO Debt Levy Analysis Total Total Total Tax Levy Change T ax on a Change on a Year Tax Rate CIP Estimated Net Debt Rate for from Prior $350, 000 $350,000 Year Ending Per $1,000 Principal and Interest Pymts Service Levy Debt Service Year P roperty Property Ending 2026 1,067,912 1,197,758,400 $0. 89 0 1,067,912 $0.89 $312 2026 2027 882,549 1,233,691,152 $0.72 724,730 1,607,279 $1.30 539,367 456 $144 2027 2028 713,643 1,414,197,987 $0.50 1,099,151 1,812,794 $1.28 205,514 449 (7) 2028 2029 637,193 1,456,623,926 $0.44 1,188,026 1,825,219 $1.25 12,425 439 (10) 2029 2030 635,643 1,500,322,644 $0.42 1,211,806 1,847,449 $1.23 22,230 431 (8) 2030 2031 489,843 1,705,248,323 $0.29 1,553,859 2,043,702 $1.20 196,253 419 (12) 2031 2032 472,118 1,756,405,773 $0.27 1,620,779 2,092,897 $1.19 49,195 417 (2) 2032 2033 466,018 1,809,097,946 $0.26 1,626,168 2,092,186 $1.16 (711) 405 (12) 2033 2034 87,168 1,987,204,885 $0.04 2,201,598 2,288,766 $1.15 196,579 403 (2) 2034 2035 85,768 2,046,821,031 $0.04 2,190,038 2,275,806 $1.11 (12,960) 389 (14) 2035 2036 89,318 2,108,225,662 $0.04 2,171,775 2,261,093 $1.07 (14,713) 375 (14) 2036 2037 87,818 2,171,472,432 $0.04 2,136,766 2,224,584 $1.02 (36,509) 359 (17) 2037 2038 86,318 2,236,616,605 $0.04 1,933,100 2,019,418 $0.90 (205,166) 316 (43) 2038 2039 89,768 2,303,715,103 $0.04 1,920,545 2,010,313 $0.87 (9,105) 305 (11) 2039 2040 88,168 2,372,826,556 $0.04 1,920,393 2,008,561 $0.85 (1,753) 296 (9) 2040 2041 96,468 2,444,011,353 $0.04 1,922,110 2,018,578 $0.83 10,018 289 (7) 2041 2042 0 2,517,331,693 $0.00 1,920,626 1,920,626 $0.76 (97,952) 267 (22) 2042 2043 0 2,592,851,644 $0.00 1,920,779 1,920,779 $0.74 153 259 (8) 2043 2044 0 2,670,637,193 $0.00 1,760,400 1,760,400 $0.66 (160,379) 231 (29) 2044 2045 0 2,750,756,309 $0.00 1,769,418 1,769,418 $0.64 9,018 225 (6) 2045 2046 0 2,833,278,999 $0.00 1,794,219 1,794,219 $0.63 24,801 222 (3) 2046 2047 0 2,918,277,368 $0.00 635,256 635,256 $0.22 (1,158,963) 76 (145) 2047 2048 0 3,005,825,690 $0.00 634,268 634,268 $0.21 (989) 74 (2) 2048 2049 0 3,096,000,460 $0.00 632,196 632,196 $0.20 (2,071) 71 (2) 2049 2050 0 3,188,880,474 $0.00 633,918 633,918 $0.20 1,721 70 (2) 2050 2051 0 3,284,546,888 $0.00 634,304 634,304 $0.19 386 68 (2) 2051 2052 0 3,383,083,295 $0.00 633,330 633,330 $0.19 (974) 66 (2) 2052 2053 0 3,484,575,794 $0.00 0 0 $0.00 (633,330) 0 (66) 2053 Total 6,075,714 38,389,556 44,465,269 Total Levy and Tax Rate Existing Debt Net Tax Levy Equalized Value (TID OUT) 28/41 7 Pike Creek Lift Station Analysis Pike Creek Lift Station Interim Upgrade $3,835,000 Funding Breakdown Source of Funding Non-TID (Sewer Utility Funded) 25% $958,750 Sewer Reserves TID 1 31% $1,188,850 TID cash balance TID 2 32% $1,227,200 TID cash balance TID 5 4% $153,400 TID cash balance TID 3 2% $76, 700 TID cash balance TID 6 2% $76,700 TID cash balance TID 4 4% $153,400 TID cash balance Total 100% $3,835,000 Notes: 1. Funding percentages provided by Village of Somers staff, 5/8/26. 29/41 8 • Additional Revenue Options  Wheel tax  Establish a Payment in Lieu of Tax from the Water Utility to the General Fund (through conventional rate case)  Further water convert public fire protection charge to a fixed charge on water bill. $217,077 billed annually to the general fund • Conversion of garbage and recycling services to a direct charge on the tax bill  Negative adjustment for garbage service conversion • Hotel room tax revenues • Net new construction does not keep pace with projected cost inflation Additional Revenue Options? 30/41 9 Questions? 31/41 10 TID 1 Cash Flow Village of Somers, Wisconsin Tax Increment District #1 Cash Flow Projection Year Dated Date: Dated Date: Dated Date: Dated Date: Dated Date: Principal Interest Principal Interest Principal Interest Principal Interest Principal Interest 2022 1,959,407 125,000 58,813 130,000 83,019 90,000 $78,068 $70,000 15,725 69,098 722,868 9,841 1,452,432 506,975 3,946,748 8,523,530 2023 1,289,081 125,000 55,063 135,000 79,044 110,000 51,600 $75,000 10,811 $29,980 7,410 11,924 690,831 598,250 4,265,793 8,078,530 2024 1,311,925 130,000 51,888 140,000 74,919 125,000 48,075 $80,000 10,340 $25,469 8,115 10,272 704,077 607,848 4,873,641 7,603,530 2025 1,322,048 130,000 49,206 145,000 70,644 130,000 44,250 $80,000 9,660 $25,469 9,190 693,419 628,629 5,502,270 7,118,530 2026 1,808,633 140,000 46,338 145,000 66,294 140,000 40,200 $80,000 8,880 $25,469 1,188,850 9,190 1,890,220 (81,587) 5,420,683 6,613,530 2027 1,822,621 125,000 42,975 150,000 61,869 150,000 35,850 $80,000 7,900 $808,530 $12,734 250,000 9,190 1,734,048 88,573 5,509,256 5,300,000 2028 1,841,878 125,000 39,225 155,000 56,519 155,000 32,050 $80,000 6,740 750,000 9,190 1,408,724 433,154 5,942,410 4,785,000 2029 1,871,639 150,000 35,100 165,000 50,119 160,000 28,900 $85,000 5,419 750,000 9,190 1,438,728 432,911 6,375,322 4,225,000 2030 1,901,560 150,000 30,600 170,000 44,269 170,000 25,600 $85,000 3,974 750,000 9,190 1,438,633 462,927 6,838,249 3,650,000 2031 1,932,551 150,000 26,100 175,000 39,094 180,000 22,100 $85,000 2,444 1,000,000 9,190 1,688,928 243,623 7,081,872 3,060,000 2032 1,957,133 150,000 21,600 180,000 33,769 190,000 18,400 $85,000 829 1,000,000 9,190 1,688,788 268,346 7,350,218 2,455,000 2033 1,982,631 150,000 17,100 185,000 28,294 200,000 14,500 750,000 9,190 1,354,084 628,547 7,978,765 1,920,000 2034 2,019,108 150,000 12,600 190,000 22,550 205,000 10,450 9,190 599,790 1,419,318 9,398,083 1,375,000 2035 2,079,485 150,000 8,100 195,000 16,534 210,000 6,300 9,190 595,124 1,484,361 10,882,444 820,000 2036 2,141,991 195,000 2,925 205,000 10,156 210,000 2,100 9,190 634,371 1,507,620 12,390,064 210,000 2037 0 210,000 3,413 213,413 (213,413) 12,176,652 Total 30,532,699 2,605,000 857,521 3,165,000 1,098,246 2,425,000 458,443 885,000 82,722 808,530 119,120 5,250,000 1,257,948 738,393 142,317 19,893,239 Notes: 1. Interest earnings are based on a 3.00% interest rate. 2. The MRO is paid out starting in the year in which the cumulative fund balance exceeds the total principal balance of all outstanding debt within TID 1. 3. The 2026 capital item is the TID 1 share of the Pike Creek Lift Station Project. ojected Revenu Total Revenues Balances G.O. Notes 1,100,000 05/04/22 Captial Professional Services Admin. Expenditures G.O. Bond 2,425,000 03/30/21 Taxable G.O. Refunding Bonds 885,000 03/30/21 G.O. Bond 2,605,000 02/01/16 Water Revenue Bonds 3,165,000 11/15/17 Total Expenditures Annual Cumulative Principal Outstanding Municipal Revenue Obligation ( MRO) $5,250,000 Projected TID Closure 32/41 11 TID 2 Cashflow Village of Somers, Wisconsin Tax Increment District #2 Cash Flow Projection Year Dated Date: Dated Date: Dated Date: Principal Est. Rate Interest Principal Est. Rate Interest Principal Est. Rate Interest Year 2023 1,238,192 224,662 1,462,854 100,000 3.00% 42,069 100,000 3.450% 56,325 190,000 3.900% 147,553 1,622 16,348 12,668 666,584 796,270 2,891,612 5,810,000 2023 2024 1,244,877 386,250 1,631,127 105,000 2.00% 39,519 100,000 3.500% 52,850 200,000 3.900% 139,948 1,772 7,399 12,203 658,690 972,437 3,864,049 5,405,000 2024 2025 1,188,057 115,921 1,303,979 100,000 2.13% 37,406 100,000 3.800% 49,200 200,000 4.100% 131,948 9,190 627,744 676,235 4,540,284 5,005,000 2025 2026 1,889,442 136,209 2,025,651 115,000 2.13% 35,122 100,000 3.800% 45,400 200,000 4.100% 123,748 1,227,200 9,190 1,855,659 169,991 4,710,275 4,590,000 2026 2027 1,908,336 141,308 2,049,645 100,000 3.00% 32,400 100,000 4.000% 41,500 225,000 5.000% 114,023 9,190 622,113 1,427,532 6,137,807 4,165,000 2027 2028 1,927,420 184,134 2,111,554 100,000 3.00% 29,400 100,000 4.000% 37,500 250,000 5.000% 102,148 9,190 628,238 1,483,317 7,621,124 3,715,000 2028 2029 1,946,694 228,634 2,175,328 100,000 3.00% 26,400 100,000 4.375% 33,313 250,000 5.000% 89,648 9,190 608,550 1,566,778 9,187,902 3,265,000 2029 2030 1,966,161 275,637 2,241,798 125,000 3.00% 23,025 100,000 4.375% 28,938 250,000 4.700% 77,523 9,190 613,675 1,628,123 10,816,025 2,790,000 2030 2031 1,985,823 324,481 2,310,303 125,000 3.00% 19,275 100,000 4.375% 24,563 250,000 4.700% 65,773 9,190 593,800 1,716,503 12,532,528 2,315,000 2031 2032 2,005,681 375,976 2,381,657 125,000 3.00% 15,525 100,000 4.375% 20,188 250,000 4.850% 53,835 9,190 573,738 1,807,919 14,340,447 1,840,000 2032 2033 2,025,738 430,213 2,455,951 125,000 3.00% 11,775 100,000 4.500% 15,750 250,000 4.850% 41,710 9,190 553,425 1,902,526 16,242,973 1,365,000 2033 2034 2,045,995 487,289 2,533,284 125,000 3.00% 8,025 100,000 4.500% 11,250 250,000 4.850% 29,585 9,190 533,050 2,000,234 18,243,208 890,000 2034 2035 2,066,455 547,296 2,613,751 125,000 3.00% 4,275 100,000 4.500% 6,750 250,000 4.850% 17,460 9,190 512,675 2,101,076 20,344,284 415,000 2035 2036 2,087,120 610,329 2,697,448 80,000 3.00% 1,200 100,000 4.500% 2,250 235,000 4.850% 5,699 9,190 433,339 2,264,109 22,608,393 0 2036 Total 29,778,166 4,520,052 34,298,218 2,025,000 648,517 1,675,000 682,140 3,515,000 1,775,151 1,232,116 38,336 144,341 12,535,601 Total Notes: 1. Payments due to developer pursant to the Phase I Market Square Apartments Developer Agreement. 2. Interest earnings are based on an assumed 3.00% interest earnings rate. 3. The captial cost shown in 2026 is the TID 2 share of the Pike Creek Lift Station project. 03/01/16 Taxable G.O. Bond 1,675,000 11/28/18 Total Expenditures Annual Cumulative Principal Outstanding Balances Other Professional Services Admin. Expenditures Tax Increment Revenue Bond 3,515,000 11/28/18 G.O. Bond 2,025,000 Projected Revenues Tax Increments Interest Earnings/ (Cost) Total Revenues Projected TID Closure 33/41 12 TID 3 Cashflow Village of Somers, Wisconsin Tax Increment District #3 Cash Flow Projection Year Dated Date: Principal Est. Rate Interest Year 2022 23,422 477,583 686,377 680,420 25,836 22,750 729,006 (42,629) (558,528) 134,076 2022 2023 25,282 25,282 - - 4,972 30,766 27,061 62,799 (37,517) (350,999) 134,076 2023 2024 692,444 2,054 694,498 - - 3,949 16,187 20,787 40,923 653,575 302,576 134,076 2024 2025 1,475,231 1,475,231 - - 3,949 1,000,000 1,003,949 471,282 773,858 134,076 2025 2026 2,079,901 2,079,901 - - 3,949 796,700 1,500,000 2,300,649 (220,748) 553,110 134,076 2026 2027 2,079,901 2,079,901 134,076 3.150 2,112 250,000 1,500,000 1,886,188 193,713 746,823 0 2027 2028 2,079,901 2,079,901 250,000 1,750,000 2,000,000 79,901 826,724 0 2028 2029 2,079,901 2,079,901 250,000 1,750,000 2,000,000 79,901 906,626 0 2029 2030 2,079,901 2,079,901 250,000 1,110,430 1,360,430 719,471 1,626,097 0 2030 2031 2,079,901 2,079,901 0 2,079,901 3,705,998 0 2031 2032 2,079,901 2,079,901 0 2,079,901 5,785,899 0 2032 2033 2,079,901 2,079,901 0 2,079,901 7,865,801 0 2033 2034 2,079,901 2,079,901 0 2,079,901 9,945,702 0 2034 2035 2,079,901 2,079,901 0 2,079,901 12,025,603 0 2035 2036 2,079,901 2,079,901 0 2,079,901 14,105,504 0 2036 2037 2,079,901 2,079,901 0 2,079,901 16,185,406 0 2037 2038 2,079,901 2,079,901 0 2,079,901 18,265,307 0 2038 2039 2,079,901 2,079,901 0 2,079,901 20,345,208 0 2039 Total 31,334,996 479,637 32,000,005 134,076 18,931 1,477,120 1,000,000 8,610,430 72,789 70,598 11,383,944 Total Notes: 1. The total Village repayment to Tawani by 2031 is equal t 5,720,462TIDs 3 & 6 assigned portion 3,839,968Deferred Assessment portion 9,560,430 This total cost is shared between TIDs 3 and 6, and as of 2025 deposited into an escrow account as a set aside to repay the obligation in 2031. As of 2025, TID 6 is estimated to contribute $950,000 by the end of 2030. 2. The captial expenses shown in 2026 include $720,000 for watermain extension expenses and $76,700 for a portion of the Pike Creek Lift Station project. 3. The Somers/Paris payment is equal to $1,000,000 and is per the terms of the Intermunicipal Agreement between the Village of Somers and the Town of Paris, 2017 and for the "Hwy S" Planning Area. 05/04/22 Total Expenditures Annual Cumulative Principal Outstanding Tawani Infrastructure Escrow Deposit Somers/Paris Payment Balances Capital Expenses Other Admin. Expenditures G.O. Notes 1,100,000 Projected Revenues Tax Increments Developer Reimbursements Total Revenues Projected TID Closure 34/41 13 TID 4 Cashflow Village of Somers, Wisconsin Tax Increment District #4 Cash Flow Projection Year Year 2022 688,596 8,133 696,729 13,197 266,952 280,149 416,580 329,055 2022 2023 626,177 626,177 4,478 267,355 271,833 354,344 683,399 2023 2024 597,248 597,248 122,862 11,441 140,984 275,287 321,961 1,005,360 2024 2025 499,578 499,578 324,150 9,500 333,650 165,928 1,171,288 2025 2026 780,456 780,456 324,150 153,400 9,500 487,050 293,406 1,464,694 2026 2027 780,456 780,456 324,150 9,500 333,650 446,806 1,911,499 2027 2028 780,456 780,456 324,150 9,500 333,650 446,806 2,358,305 2028 2029 780,456 780,456 442,037 9,500 451,537 328,919 2,687,224 2029 2030 780,456 780,456 128,464 9,500 137,964 642,492 3,329,716 2030 2031 780,456 780,456 9,500 9,500 770,956 4,100,672 2031 2032 780,456 780,456 9,500 9,500 770,956 4,871,628 2032 2033 780,456 780,456 9,500 9,500 770,956 5,642,584 2033 2034 780,456 780,456 9,500 9,500 770,956 6, 413,540 2034 2035 780,456 780,456 9,500 9,500 770,956 7,184,496 2035 2036 780,456 780,456 9,500 9,500 770,956 7,955,452 2036 2037 780,456 780,456 9,500 9,500 770,956 8,726,407 2037 2038 780,456 780,456 9,500 9,500 770,956 9,497,363 2038 2039 780,456 780,456 9,500 9,500 770,956 10,268,319 2039 Total 13,337,982 0 8,133 13,346,115 1,989,963 182,516 817,791 2,990,270 Total Notes: 1. The capital expense shown in 2026 is for the TID 4 portion of the Pike Creek Lift Station project. Projected Revenues Tax Increments Interest Earnings/ (Cost) Developer Rembursement Total Revenues Balances MRO - Ravine Park Other/Capital Admin. Expenditures Total Expenditures Annual Cumulative Principal Outstanding Projected TID Closure 35/41 14 TID 5 Cashflow Village of Somers, Wisconsin Tax Increment District #5 Cash Flow Projection Year Dated Date: Principal Year 2022 447 42, 150 42,597 40,076 10,338 18,230 68,644 (26,047) (83,295) 2022 2023 6,060 6,060 21,735 20,070 41,805 (35,745) (119,040) 2023 2024 10,006 43,858 53,864 150 63,536 23,037 86,723 (32,859) (151,900) 2024 2025 138,635 138,635 9,500 9,500 129,135 (22,765) 2025 2026 308,533 308,533 291,132 153,400 9,500 454,032 (145,499) (168,264) 2026 2027 503,627 503,627 494,127 9,500 503,627 0 (168,264) 2027 2028 672,707 672,707 663,207 9,500 672,707 0 (168,264) 2028 2029 672,707 672,707 663,207 9,500 672,707 0 (168,264) 2029 2030 672,707 672,707 663,207 9,500 672,707 0 (168,264) 2030 2031 672,707 672,707 663,207 9,500 672,707 0 (168,264) 2031 2032 672,707 672,707 663,207 9,500 672,707 0 (168,264) 2032 2033 672,707 672,707 663,207 9,500 672,707 0 (168,264) 2033 2034 672,707 672,707 235,498 9,500 244,998 427,710 259,445 2034 2035 672,707 672,707 9,500 9,500 663,207 922,653 2035 2036 672,707 672,707 9,500 9,500 663,207 1,585,860 2036 2037 672,707 672,707 9,500 9,500 663,207 2,249,067 2037 2038 672,707 672,707 9,500 9,500 663,207 2,912,274 2038 2039 672,707 672,707 9,500 9,500 663,207 3,575,482 2039 Total 9,039,794 86,008 9,125,802 5,000,000 0 193,626 95,609 203,837 5,493,072 Total Notes: 1. The 2026 cash expense under the capital column is the TID 5 share of the Pike Creek Lift Station Project. Total Expenditures Annual Cumulative Principal Outstanding Balances Municipal Revenue Obligation 5,000,000 Other/Capital Prof. Services Admin. ExpendituresProjected Revenues Tax Increments Developer Reimbursements Total Revenues Projected TID Closure 36/41 15 TID 6 Cashflow Village of Somers, Wisconsin Tax Increment District #6 Cash Flow Projection Year Dated Date: Dated Date: Principal Est. Rate Interest Principal Est. Rate Interest Year 2023 15,266 497,319 512,585 - - 5,836 141,866 103,884 18,474 21,456 291,516 221,069 204,907 157,394 2023 2024 75,698 683 76,381 - - 4,636 10,190 19,819 34,645 41,736 246,643 157,394 2024 2025 123,680 123,680 - - 4,958 9,500 14,458 109,222 355,865 157,394 2025 2026 263,131 263,131 - - 4,958 76,700 200,000 9,500 291,158 (28,027) 327,838 1,345,394 2026 2027 265,762 265,762 157,394 3.150 2,479 40,000 4.50% 79,290 0 9,500 288,663 (22,901) 304,938 1,148,000 2027 2028 268,420 268,420 70,000 4.50% 50,085 250,000 9,500 379,585 (111,165) 193,773 1,078,000 2028 2029 271,104 271,104 75,000 4.50% 46,823 250,000 9,500 381,323 (110,218) 83,555 1,003,000 2029 2030 273,815 273,815 0 4.50% 45,135 250,000 9,500 304,635 (30,820) 52,735 1,003,000 2030 2031 276,553 276,553 100,000 4.50% 42,885 9,500 152,385 124,168 176,904 903,000 2031 2032 279,319 279,319 100,000 4.50% 38,385 9,500 147,885 131,434 308,338 803,000 2032 2033 282,112 282,112 100,000 4.50% 33,885 9,500 143,385 138,727 447,065 703,000 2033 2034 284,933 284,933 105,000 4.50% 29,273 9,500 143,773 141,161 588,226 598,000 2034 2035 287,783 287,783 110,000 4.50% 24,435 9,500 143,935 143,848 732,073 488,000 2035 2036 290,661 290,661 120,000 4.50% 19,260 9,500 148,760 141,901 873,974 368,000 2036 2037 293,567 293,567 120,000 4.50% 13,860 9,500 143,360 150,207 1,024,181 248,000 2037 2038 296,503 296,503 120,000 4.50% 8,460 9,500 137,960 158,543 1,182,724 128,000 2038 2039 299,468 299,468 128,000 4.50% 2,880 9,500 140,380 159,088 1,341,811 0 2039 Total 4,162,180 497,319 13,606 6,918,784 157,394 22,867 1,188,000 434,655 141,866 1,477,639 950,000 53,828 206,525 4,632,774 Total Notes: 1. The total Village repayment to Tawani by 2031 is equal to 5,720,462TIDs 3 & 6 assigned portion 3,839,968Deferred Assessment portion 9,560,430 This cost is shared between TIDs 3 and 6, and as of 2025 deposited into an escrow account as a set aside to repay the obligation in 2031. As of 2025, TID 6 is estimated to contribute $8,610,430 by the end of 2030. 2. The advance from the sewer utility is for the portion of costs related to funding the 12th street water main project. 3. The capital expense in 2026 is for the TID 6 portion of costs related to the Pike Creek Lift Station project. 05/04/22 Sewer Advance 1,188,000 02/24/26 Total Expenditures Annual Cumulative Principal Outstanding Developer Grant - Tawani Tawani Infrastructure Escrow Deposit Balances Capital Expenses Prof. Services Admin. Expenditures G.O. Note 1,100,000 Projected Revenues Tax Increments Developer Reimbursements Total RevenuesDebt Proceeds Projected TID Closure 37/41 (702) 824-9702 INFO@ARMOROCK.COM ACI HAS SPECIFIED POLYMER CONCRETE ACI 548.17-25 Circular Precast Polymer-Concrete Manholes—Specification WHAT IS ACI? The American Concrete Institute is the global authority for the development, dissemination, and adoption of consensus-based standards and technical resources in the concrete industry. For the first time in the history of polymer concrete, there is a document that establishes unified, national standards of compliance. This milestone isn’t just a win for individual suppliers, but for the entire industry. This is a collective achievement for everyone who designs, implements, and supplies polymer concrete in the market. By setting clear expectations and raising the bar together, we’re strengthening quality, trust, and innovation across the entire community, paving the way for a stronger future in the industry we all share. This specification provides requirements for circular precast polymer-concrete manholes for use in sanitary and storm sewer systems. It includes ordering information as well as minimum physical and chemical requirements for the polymer concrete mixture. It established criteria for designing the manhole components, manufacturing and quality control requirements, and documentation to certify the adequacy of the design. WHAT IS ARMOROCK POLYMER CONCRETE? Polymer concrete is a sustainable, corrosion-proof alternative to traditional precast concrete. With a mixture of resin, aggregate, sand, and rebar for enhanced structure, polymer concrete blends stand up to corrosive environments. WHY IS THIS IMPORTANT? Property of Armorock CONNECT WITH OUR TEAM 38/41 Elevation (View A-A) Openings Plan View BOM For Stack APPROVED BY: _________________________________________________ Structure: JUNCTION VAULT #100 (ROUND) Job Number: Job Name: CTH E Sewer & Water Extensions B - Village of Somers, WI Job Location: Somers, WI Kenosha County Contractor: Agency: Engineer: Based on: Take Off By: 3/2/2026 AndrewGaines Ship Date: Ring: 36" Frame and Cover by Others Channel: FULL DEPTH TROUGHING Reduction: Notes: VERIFY INVERTS AND ELEVATIONS VERIFY PIPE TYPES AND CLASS VERIFY RING/COVER - SIZE/TYPE ***CAD DRAWING WILL BE NEEDED DURING SUBMITTALS-SUBJECT TO CHANGE*** BUOYANCY COLLAR (IF REQUIRED) TO BE POURED IN FIELD BY OTHERS. ARMOROCK TO PROVIDE DRILLED HOLES IN BASE AND FRP REBAR TO BE EPOXIED IN FIELD BY CONTRACTOR Design Build Height Rim + 682.00' Lowest Invert - 674.51' Design Height = 7.49' Stack Build Height Adjustment + 1.07' Eccentric Slab + 1.00' Base Gain + 5.42' Design Height = 7.49' Floor Thickness + 1.08' Outside Height = 8.57' ID Invert Pipe Size Connector Hole Size Angle To CL Top to Top Hole Former #1 674.90' 42" C900 DR-18 S206-48 Boot 48" Ø 0° 37.39" 16.61" #2 674.92' 24" C900 DR-21 S206-30 NPC Boot 30" Ø 180° 29.52" 33.48" 24 C900 DR21 #3 674.92' 14" Boot C900 DR-21 S106-20BWS NPC Boot 20" Ø 180° 24.77" 43.23" #4 674.92' 24" C900 DR-21 S206-30 NPC Boot 30" Ø 180° 29.52" 33.48" 24 C900 DR21 #5 674.51' 6" PVC C900 150 S106-12BWS Boot 12" Ø 270° 16" 56" 06 C900 150 ID Description Part Number Qty. Weight 14' X 1 1/4" JOINT MASTIC MASJ 10 POLYMER GROUT KIT PGROUT 2 1.25 IN X 14 FT JOINT MASTIC ROLL MASJ 12 120" JOINT GASKET 120" Joint Gasket 1 A 36 IN X 2 IN FINISH PRO-RING PR36X2FN 1 B 36 IN X 4 IN GRADE PRO-RING PR36X4G 1 C 36 IN X 6 IN GRADE PRO-RING PR36X6G 1 D 120 IN ECC POLYMER LID FLAT W/ 36" ACCESS MHL12036 1 13,500 E 120 IN X 6 FT 6 IN POLYMER PRECAST BASE FULL DEPTH TROUGHING MHB12078.1 1 42,600 Totals (precast, lbs.) 5 56,100 3/2/20261 of 1 PageSubmittal 7.5.78.00 39/41 Page 1 of 2 3/2/2026 Notes: 1. Quote is subject to our standard terms, conditions, and shipping policies. 2. Payment is due at Net 30. Late Payment service charge for over 30 days will be charged at 18% APR 3. Quote is valid for 30 days from issue date to receipt of PO after 30 days quote is subject to change based off market value of materials. 4. Sales tax not included. All applicable taxes are to be paid by purchaser 5. If owner requires items to be grouted in field contractor is responsible for materials and labor costs incurred. 6. All loads will be billed at $5,500 for each oversized load at 133" out of Sulphur Springs,TX. Total of 2 oversized load(s) at 133" needed for job. Customer will only be billed for trucks used. Additional trucks will be billed at market rate. 7. Freight requested under 3 days notice may be subject to increased freight rates 8. Products will be billed at unit pricing per quotation 9. Rush orders will be priced accordingly. 10. Contractor shall be responsible for joint sealing and performance. 11. Miscellaneous items such as grout, epoxy, and hardware are not included with the structures unless a specific line item is shown on this quote. Additional charges will apply for any extra items that are not shown on this quote. 12. Final lead time is determined at date of approved submittal. 13. Project retention is not allowed. 14. Summation of structure price is for convenience of bidding only. Structures will be billed by components.Customer purchase order needs to match up to component pricing. Q U O T A T I O N Quotation 7.5.78.00 Quote Date: 3/2/2026 To: Reference: CTH E Sewer & Water Extensions B - Village of Somers, WI Somers, WI Kenosha County Sales Manager: Matthew Bustin From: AGaines 40/41 JUNCTION VAULT #100 (ROUND) 120" Polymer Manhole 7.49' 56,100 $119,095 1 PR36X2FN 36 IN X 2 IN FINISH PRO-RING 1 PR36X4G 36 IN X 4 IN GRADE PRO-RING 1 PR36X6G 36 IN X 6 IN GRADE PRO-RING 1 MHL12036 120 IN ECC POLYMER LID FLAT W/ 36" ACCESS 1 MHB12078.1 120 IN X 6 FT 6 IN POLYMER PRECAST BASE FULL DEPTH TROUGHING 1 S106-12BWS BOOT 1 S106-20BWS NPC BOOT 2 S206-30 NPC BOOT 1 S206-48 BOOT 12 MASJ 1.25 IN X 14 FT JOINT MASTIC ROLL 1 120" Joint Gasket 120" JOINT GASKET 10 MASJ 14' X 1 1/4" JOINT MASTIC 1 PGROUT POLYMER GROUT KIT 1 PGROUT POLYMER GROUT KIT Sub-Total $119,095 Freight/Delivery $11,000 $130,095Total Price for CTH E Sewer & Water Extensions B - Village of Somers, WI Structure Description Height Weight Price For: Ref: CTH E Sewer & Water Extensions B - Village of Somers, WI Somers, WI Kenosha County Quote Date: 3/2/2026 Page 2 of 2 3/2/2026Quotation 7.5.78.00 41/41