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r �-���� BOOK 90 f',1G <br />� <br />AUG � EO <br />Utilities Director Terry Pinto presented staff's <br />recommendation that the County purchase the General Development <br />Utilities facility in Vero Highlands/Shores: <br />DATE: AUGUST 91 1993 <br />TO: JAMES E. CHANDLER <br />COUNTY ADMINISTRATOR <br />THRU: TERRANCE G. PI <br />DIRECTOR OF UT LI SERVICES <br />FROM: HARRY E. ASHER <br />ASSISTANT DI R OF UTILITY SERVICES <br />SUBJECT: ACQUISITION OF GENERAL DEVELOPMENT UTILITIES, INC. <br />(GDU) VERO HIGHLANDS/SHORES UTILITY SYSTEM <br />On July 20, 19930 the Board of County Commissioners (BCC) <br />approved the scheduling of a public hearing on August 17, 1993" <br />as required by Florida Statute, Section 125.3401, to consider the <br />acquisition of General Development Utilities, Inc. (Vero <br />Highlands/Vero Shores utility system). <br />ANALYSIS <br />On April 17, 1990, the BCC authorized the Department of Utility <br />Services (Department) to pursue negotiations for the acquisition <br />of General Development Utilities, Inc. (an Indian River County <br />franchised utility) serving the Vero Highlands/Shores area. On <br />May 8, 1990, the BCC authorized the Department to engage the firm <br />of CH2M Hill to provide an independent evaluation of the GDU Vero <br />Highlands/ Shores Utility System. The evaluation was completed <br />and the Department met with GDU to discuss the possibility of the <br />purchase of the Vero Highlands/Shores utility system. GDU <br />advised that the Vero utility system was not for sale at that <br />time. <br />On May 3, 1993, the County received GDU's filing for a water and <br />sewer rate increase as allowed by the franchise. The rate <br />increase, as requested, would increase the average residential <br />bill approximately 81.5% for a water -only customer and 155% for a <br />sewer -only customer. <br />Analysis of Monthly Billing for a GDQ Combined Water and Bever <br />Customer at Current and Proposed Rates <br />Monthly Usage <br />Cost at *Cost at GDU <br />Current Rates Proposed Rates <br />*Cost at <br />Consultant <br />Recommendation <br />0 Gals(Min) <br />$18.35 $71.60 <br />$38.26 <br />5,000 Gals <br />$42.30 $90.35 <br />$81.81 <br />71000 Gals <br />$52.36 $98.33 <br />$99.71 <br />*Both GDU Proposed and Consultant Recommended Rates are subject <br />to Public Hearing. <br />28 <br />