TO: Honorable Mayor & Members of the North Port Commission
FROM: A. Jerome Fletcher II, ICMA-CM, MPA
TITLE: Approve and Authorize the City Manager to Execute the Letter of Intent to Purchase an Additional Two Million Gallons per Day of Water Supply from Peace River Manasota Regional Water Supply Authority
Recommended Action
Approve and authorize the City Manager to execute the Letter of Intent to purchase an additional two million gallons per day (2 MGD) of water supply from Peace River Manasota Regional Water Supply Authority.
Background Information
Peace River Manasota Regional Water Supply Authority (PRMRWSA) is planning an 18 million gallons per day (MGD) expansion, which will include a new reservoir and a treatment plant expansion. PRMRWSA has offered capacity to all current water customers, including the City of North Port. Wellen Park development has expressed an interest in partnering with the City to purchase 2 MGD of capacity from PRMRWSA at this time. The 2 MGD would be dedicated to the Wellen Park development, and all costs associated with the PRMRWSA capital cost charges for the 2 MGD increase in capacity would be the responsibility of Wellen Park. Since the City of North Port is the existing PRMRWSA customer, the additional 2 MGD must be contracted through the City. The details of the payment(s) by Wellen Park will be included in an amendment to the existing Wellen Park Utility Agreement. At this time, the details of the amendment have not yet been finalized.
PRMRWSA has requested that a Letter of Intent be submitted by the City of North Port prior to the PRMRWSA meeting on June 5, 2024. This letter of Intent will allow PRMRWSA to include the City's intent to purchase an additional 2 MGD in the public meeting discussions on water quantity commitments and associated costs.
It is anticipated that a formal amendment to the existing agreement with PRMRWSA and an update of the 20-year water demand projection will be completed by mid-Sep...
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