Item E
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STOCK ISLAND WASTEWATER
The County can move ahead on Stock Island wastewater. On June 6,
2002, Bill Smith of Key West Resort Utilities offered the County a plan to
sewer Stock Island. This plan requires the COtmty to put up $4,049,077 and
a state match of $578,439 for a total cost of $4,627,516.
^ payback to the County of $1,000 on 1500 properties will generate
$1,500,000. The total cost to the County would be $2,549,077 for an
average cost of$1,699 per EDU. This is the lowest cost per EDU that has
ever been offered to the County.
Monthly fees would be $35.27 per month and would provide
advanced wastewater treatment by 2007.
This would provide A WT quality water (5-5-3-1) for most of the
people of Stock Island for the low cost of $1 ,600 per connection and $35.27
per month,
If 1,500 connections could be accomplished in two years, the County
would have $1,500,000 in cOlmection fees and $1,951,000 in infrastructure
dollars for a total of$3,451,000 to use for the next Lower Keys wastewater
project. ($6,000,000 - 2,549,077 = 3,451,000)
Low income families would have up to two years to payoff the
$1,600, and connections after two years would jump to $2,700, creating a
need to participate.
In summary, this would eliminate 1500 septic tanks and cesspits and
provide advanced wastewater treatment for Stock Island to help clean up our
near shore waters, It would also eliminate the # 1 hotspot in the Lower Keys
and the #3 hotspot in the entire Florida Keys.
If an agreement can be reached between the BOCC and Key West
Resort Utilities, the guidelines of the Master Wastewater Plan and the
Governor of Florida can be obtained.
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STOCK ISLAND W ASTEW A TER
PAGE 2
A payback to Key West Resort Utilities of$600.00 per connection
will provide $900,000 over two years to provide AWT upgrades by year
2007 and will offset increased operating costs generated by additional
connections and sludge haul out. Rate structure is evaluated on a yearly
basis to provide an equitable rate of return to operator (KWRU).
This project has current DEP permits and meets state match
requirements for readiness to proceed. The Florida Public Service
Commission, that insures low rates over a long period of time, regulates Key
West ReSOli Utilities.
This wastewater project would be the first of 5 projects to be
completed and has funding available along with Bay Point, Conch Key, Key
Largo and an EPA project of 4.75 million dollars.
The above figures are approximate and subject to evaluation, but are
certainly doable. It is time to stop talking about starting wastewater projects.
We need to use available flmds to address the most egregious hot spots first,
and complete other projects as funds become available.
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TOT AL COST OF PROJECT
$4,627,516 less state match $578,439
= $4,049,077.00
PAYBACK TO COUNTY @$1 ,600 PER EDU
$1,600 X 1,500
Less $600 pay back ERe to KWRU
= 2,400,000.00
- 900,000.00
= 1.500.000.00
2,549,077.00
TOTAL COST TO COUNTY
TOT AL COST PER EDU TO COUNTY
$2,549,077 DIVIDED BY 1,500
1,699.00 per ERe
TOT AL DOLLARS LEFT FOR NEXT PROJECT
$6,000,000 - 2,549,077 = $ 3,451,000.00
Change 5 years to pay to 2 years with $1,600 connection fee and monthly of
$35.27
All unconnected units after 2 years would pay $2,700 cOlmection fee