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Developer-funded infrastructure for Regatta Luxury Apartments approved; about 250 customers expected
Summary
FPUA approved a Contribution in Aid project for Regatta Luxury Apartments: developer-paid infrastructure will serve roughly 250 customers and include about 16 transformers; staff confirmed funds were received and FPUA will install lines.
The Fort Pierce Utilities Authority board approved a developer-funded infrastructure project for Regatta Luxury Apartments, which staff said will serve approximately 250 customers and require roughly 16 transformers and associated distribution work along South Jenkins/Graham Road. Keith Stevens, director of gas and electric, told the board the developer paid the required contribution in aid (CIA) funds up front and FPUA will proceed with construction.
"Post-budget means it happened after our original budget last year, but this is a CIA project. The money has already been received from the developer paying this, and it's approximately 250 customers," Stevens said, describing the scope and confirming no additional FPUA funding is required. Board members asked staff to clarify the location, and staff identified the site along Jenkins Road just north of the noted local business entrance. The item was on the consent agenda and approved by roll call.
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