Richard Adams, Palm Coast’s towering but famously modest utility director since 2003 and a presence in the city’s water infrastructure for 43 years, retired at the end of last week to remote accolades and an honorary flush.
palm coast utilities
Palm Coast Will Refinance $41 Million Utility Loan for Big Savings, But Don’t Expect Lower Rates
The Palm Coast City Council is holding a special meeting Tuesday morning, when it is expected to sign off on the deal. The nearly $600,000 in annual savings will not, however, lower utility rates.
Palm Coast Will Borrow $30 Million to Build New Sewer Plant, Pledging No Rate Increase For 5 Years
The new plant would be financed with a 20-year loan at less than 1 percent interest, and the city’s total debt load would rise to around $200 million. It also depends on steady growth in coming years.
Shanghaied Water Rates: What Palm Coast Has in Common With China’s Largest City
A seemingly outlandish comparison between the two cities turns out to be much less so–and much more instructive–when comparing the similarities of the two cities’ utility challenges, and the limited ways they can go about addressing them without, in the end, making the rate-payer pay.
Palm Coast Approves 17.6% Water-Rate Hike, Pleasing Bond-Holders More Than Residents
Palm Coast residents will see their water bills jump 8 percent in April, 4 percent in October and another 4 percent in October 2014 as the city grapples with a combination of debt and capital obligations for its utility.
Readying for Showdown With Residents, Palm Coast Nudges Slightly on Water Rates
Rather than impose a 22 percent water-rate increase over the next three years, the Palm Coast City Council might scale that back to 16 percent, but only by shifting increases to later years. The council is scheduled to approve a plan on Feb. 19 as public opposition builds.
Palm Coast Council Heavily Criticized Over Planned 22% Water Rate Hike
The Palm Coast City Council Tuesday evening weathered a verbal barrage of questions and criticism from 15 people upset at the city’s plan to finance $78 million in water and sewer charges over the next five years, in part by raising water rates 22 percent in the next three years. But little change is expected.
Only Mild Opposition as Palm Coast Council Prepares to Raise Utility Rates 22% in 3 Years
To avert a crisis with its creditors, Palm Coast will raise water and sewer rates 22 percent over the next three years, beginning with an 8 percent increase this March. Residents’ rates are increasing to ensure that the city’s debts can be paid.
How a Stumble Saddled Palm Coast Water Rate Payers With $500,000 in Additional Costs
Overeager to get going on a $2.6 million wellfield project during the boom years, Palm Coast never secured an agreement between a land company and FPL to power the wells. When talks broke down between the companies, Palm Coast decided to pay an extra $500,000 to power the wells with a different contractor, a cost it will pass down to rate-payers, even though the need for the water is non-existent.
Palm Coast Water Tower Free of Contaminants After Break-In, Tests Reveal; Questions Remain
The 500,00-gallon water tank along I-95 was broken into on May 17 by unknown vandals. It was isolated from the rest of the system. It’ll remain isolated pending a week’s worth of maintenance.