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Charleston Water System warns county road projects could raise rates; asks council to press for funding
Summary
Charleston Water System presented estimates that relocations for the Lowcountry Rapid Transit and Highway 17/Main Road projects could cost the utility roughly $112 million, urging City Council to support state and county funding changes rather than passing costs solely to ratepayers.
Charleston Water System (CWS) leaders told City Council on June 17 that planned county road and drainage projects — including the Lowcountry Rapid Transit (LCRT) corridor and the Highway 17/Main Road interchange — could require as much as $112 million in water and sewer relocations, work that CWS said would otherwise be borne by its ratepayers if not covered by other funding sources.
“Based on the current design plans ... our estimate is around $64,000,000 for our relocation costs” on the LCRT corridor, CWS CEO Mark Klein said, adding another “close to $20,000,000” in relocation costs for the Highway 17/Main Road interchange and related projects. Klein said the state’s 2019 Utility Relocation Act (Act 36) provides up to 4% of highway construction cost as offset for affected public…
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