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Wellington council creates $6 million environmental reserve, directs $3.3 million to pump-station upgrades
Summary
Council approved a new Environmental Resilience and Open Space reserve funded from settlement proceeds and moved $3.3 million to the Acme Improvement District stormwater pump station improvement plan, voting 5-0.
The Village of Wellington council on Tuesday created an Environmental Resilience and Open Space reserve funded from settlement proceeds and approved a budget amendment directing $3,300,000 to stormwater pump-station improvements in the Acme Improvement District.
Council members voted unanimously, 5-0, to establish the reserve and to appropriate funds from a $9,300,000 settlement tied to the Palm Beach Polo foreclosure and related violations case. The council initially set aside $6,000,000 for the reserve and allocated the remaining $3,300,000 to the Acme stormwater pump stations improvement plan.
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