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New utilities director stresses long‑term investments; estimates system replacement cost up to $1 billion
Summary
Lane Young, Carmel's new director for water and sewer utilities, described the utility's operational model, said the system relies on rates rather than taxes, and estimated a full system replacement cost between $750 million and $1 billion; he also discussed water softening and seasonal demand swings.
Lane Young, the newly introduced director for Carmel’s water and sewer utilities, outlined the utility’s priorities and highlighted the scale of long‑term infrastructure needs, funding via rates and seasonal demand patterns.
Young said the utility is not tax‑funded and must cover capital and operating costs through customer rates. "If we had to replace our system, Carmel system today, it would cost somewhere between $750,000,000 and a billion dollars," Young said, adding the utility is preparing asset management and rate plans to avoid sudden large…
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