Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Tequesta plans major water projects, cites SRF loans and $10 capital charge to fund work
Summary
Utilities Director Marjorie Craig said Tequesta plans several major water capital projects funded with a combination of SRF loans, reserves and a $10 annual capital charge estimated to raise about $845,000 annually.
Utilities Director Marjorie Craig told council the water utility is moving from planning to implementation and expects several large projects to proceed in the coming year, some funded with State Revolving Fund (SRF) loans. "We are expecting over $10,000,000 in the SRF funds," Craig said, and staff described a mix of pay-as-you-go and SRF-supported capital funding. (Marjorie Craig, Utilities Director)
Highlighted projects Craig and Manager Jeremy Allen discussed included the Beach Road Phase 2 water-main work (estimated about $5.9 million, partly offset by a developer agreement and SRF funding),…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
