The word is out. The City of Vero Beach’s combined Water, Wastewater, and Reclaimed Water Utility System, as of September 30, 2011, is valued at $105,900,000, (One Hundred Five Million Nine Hundred Thousand Dollars).
Hey Solari and gang, so much for the city accepting the counties $24 million offer. Bye- bye to regionalization and good riddance to Glenn Heran’s fuzzy math spread sheets.
City residents are waiting patiently for some figures and facts regarding the sale of the Electric Utility. I wonder how the $100 million offer from FPL will stack-up once we get the GAI report back regarding the value of Electric Utility. Hmmm.
Did you know that GAI is only one of two firms in the entire State of Florida who is qualified to value utility systems? And, did you know that a good amount of the figures we have been getting from Glenn Heron are not substantiated? Congratulations to the City of Vero Beach Elected officials for having the foresight to hire GAI to do these studies. Bring it on.
Remember to JUST SAY NO to any referendum until there is a clear indication that the City of Vero Beach will be financially better off with a sale of the Electric Utility.