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water/wastewater demand ; the cost to connect the Town customers to the County utility system ; <br /> the proposed franchise with the Town ; and County ' s proposal of Countywide consolidation of <br /> utilities . <br /> Director Olson recommended the Board : ( 1 ) direct staff to present to Indian River Shores , <br /> that the County serve them for the next 30 years as their franchise provider for water and sewer, <br /> with reuse being negotiated with the City in such a way to work out the details to provide the <br /> total volume that they require , and (2) provide a direction in such a way that we present to the <br /> City, a proposal to purchase their infrastructure for $ 24 million± . <br /> Director Olson acknowledged that City residents would pay County rates under the <br /> proposal , and the Board debated whether a unified rate structure would be best for the County . <br /> Commissioner O ' Bryan felt the best approach would be to offer the Town the three <br /> options that Director Olson presented (page 3 of his presentation) , with Option 1 being the worst <br /> case scenario . He suggested staff go back to the Town after two years and reevaluate the intent <br /> of a better rate . <br /> Director Olson reminded the Board that even if a decision is made by the Town during <br /> the Joint Meeting with the City and Town, on April 29th , the "turning on of the valve" would not <br /> take place until the year 2016 , and the completion of the existing franchise . <br /> The Board engaged in discussion regarding County receiving the AAA utility rating ; <br /> inviting an auditor to attend the joint meeting with the City on April 29th , 2011 ; the Town paying <br /> the same County rates as the City under the proposed franchise ; concerns over the $ 109 , 000+ net <br /> revenues without surcharge, under Option 1 ; the significance of reuse water for the Town ; and <br /> the new franchise agreement . <br /> April 19 , 2011 13 <br />