Lake Placid utility advisory board approves water asset-management, fiscal sustainability plan

The Town of Lake Placid Utility Advisory Board voted to approve Resolution 2025-11, the Town of Lake Placid Water System Asset Management and Fiscal Sustainability Plan, and will forward the recommendation to town commission for consideration.

The plan documents the town’s water-system assets and the fiscal approach to maintain them, and board members said approving the resolution lets the town pursue state funding opportunities administered by the Florida Department of Environmental Protection (DEP).

Utility Director Hector Berg said the water-system plan “gives us the ability to apply for further grants” and includes detailed inventories of plants and other assets. Berg also told the board the water-side plan complements an earlier wastewater plan the board received in December.

Board members were shown the document and given time to review the technical appendices and data tables before the vote. A motion to approve Resolution 2025-11 passed during the meeting; the board chair called the roll and recorded affirmative votes from Jack Conley, Pam Brewer and Matt Elliott. The motion was carried and the recommendation will be transmitted to the town commission for final action.

The plan’s chief purpose, staff said, is to document assets and put the town in a position to qualify for DEP grants and low-interest loans tied to formal asset-management and fiscal-sustainability policies. The board did not adopt any amendments to the document at the meeting.

Next steps: staff will forward the approved resolution and plan to the town commission and continue to work with DEP on grant eligibility and application timelines.