CKWSD MET IN DECEMBER2024 December 9
The Cedar Key Water and Sewer District met on Monday, December 9, 2024, at 5 pm, at the Cedar Key City Hall, due to Hurricane Helene’s damage to its office on Third Street.
LINE OF CREDIT
CKWSD has entered into a bridge loan with Seacoast Bank for a $1.5 million line of credit at a fixed interest rate of 4.96% for 48 months. This line of credit will be activated if federal, state, grants or other funding recompense is not received before bills for projects are due.
Seacoast Bank requires bond counsel. The firm, Nabors Giblin and Nickerson, a colleague of CKWSD General Counsel Evan Rosenthal’s firm, initially quoted a $20,000 price tag and reduced that figure to $18,000.
CKWSD has entered into a bridge loan with Seacoast Bank for a $1.5 million line of credit at a fixed interest rate of 4.96% for 48 months. This line of credit will be activated if federal, state, grants or other funding recompense is not received before bills for projects are due.
Seacoast Bank requires bond counsel. The firm, Nabors Giblin and Nickerson, a colleague of CKWSD General Counsel Evan Rosenthal’s firm, initially quoted a $20,000 price tag and reduced that figure to $18,000.
FLORIDA RECOVERY OBLIGATION CALCULATION
General Manager Rittenhouse is working with the he Florida Department of Emergency Management’s FROC program, which is designed to “standardize, streamline, and simplify” the public assistance process for debris removal and emergency measures taken. Mr. Rittenhouse seeks to recover expenses incurred after Hurricane Helene for potable water, sewage facilities provided during recovery, and other expenses incurred.
LIFT STATION REHABILITATION PHASE ONE
The Florida Department of Environmental Protection Lift Station Rehabilitation Phase One is experiencing supply chain issues due to Hurricane Milton and are running 45 days behind schedule. The start date is now January 15, and the end date is June 2024.
The Florida Department of Environmental Protection Lift Station Rehabilitation Phase One is experiencing supply chain issues due to Hurricane Milton and are running 45 days behind schedule. The start date is now January 15, and the end date is June 2024.
OFFICE AND WASTEWAATER PLANT RELOCATION
General Manage Rittenhouse is currently investigating possible relocation funding and property opportunities to relocate offices, which include a laboratory, and wastewater plant so that they are not in the path of the next major storm.
NOTICE OF CKWSD ELECTION
Mr. Rittenhouse announced the upcoming April 1 election of the CKWSD’s two open commissioner seats, currently occupied by Mr. Rosenthal and Mr. Ferguson. Qualifying is scheduled for January; the election is April 1.
IN ATTENDANCE:
Present were Chair Mike Borelli, Secretary Leslie Sturmer, and Commissioners Joe Hand, Steve Rosenthal, and Johnathan Ferguson.
Staff in attendance included General Manager John
Rittenhouse, Consultant James McCain, and Clerk Alicia Johns. General Counsel Evan Rosenthal was not in attendance.
Among those in the audience were: Cedar Key Mayor Sue Colson, Darrell McCormick, and the Cedar Key News’ Mandy and Frank Offerle.
ADJOURNMENT
The meeting adjourned at 6:50 pm.
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