Titletitle
Peace River Authority Allocation Discussion
end
recommendation
Utilities
Discussion and direction on the Peace River Manasota Regional Water Supply Authority Allocation.
Budgeted Action:
No action needed. Utilities Operations and Maintenance Fund - Operations Budget will be impacted based upon the decision. Currently this is not budgeted. Funding for the expenditure comes from rate revenues.
Background:
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The Authority is requesting verbal direction at their upcoming April Board Meeting regarding what allocation that Charlotte County may want from the proposed 18MGD Reservoir and Plant Upgrade Project. The County can commit from 0-3MGD at this time. Estimated Cost per MGD is approximately 20 Million Dollars per Million Gallons of Water or $20/gallon. We are requesting direction so that our Peace River Representative can answer this question at the Authority Board of Director’s meeting in April.