Loading...
Resolution 1986-002 (CWS) aDaK 093 PAGE 3'86 April 22, 1986 RESOLUTION NO. CWS-86- 2 RESOLUTION BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUN'rY, FLORIDA, EX-OFFICIO THE GOVERNING BOARD OF THE COLLIER COUNTY WATER- SEWER DISTRICT, PURSUANT TO SECTION 125.3401 AND CHAPTER 153, PART II, FLORIDA STATUTES, FINDING THAT THE ACQUISI'l'ION OF THE WATER AND SEWER SYSTEMS OF EAST NAPLES WATER SYSTEMS, INC. IS IN THE PUBLIC INTEREST. WHEREAS, East Naples \olater Systems, Inc. and its predecessor in interest, The Glades, Inc., hereinafter referred to as the "Utility", has operated water and sewer utility systems within the boundaries of the Collier C.ounty Water-Sewer District, hereinafter referred to as the "Distric~", since the early 1970s; and WHEREAS, the Utility has been recognized .by the Courts as having a "de-facto franchise" for the areas in which it currently provides service; aad WHEREAS, the Utility hilS more than fifty percent (50%) excess " ~. capacity at its water and sewage treatment plants and has applied to the Florida Public Service Commission for authorization to utilize the excess sewage treatment capacity by serving areas outside the "de-facto franchise" area; and WHEREAS, the Florida Public Service Commission has pending before it a recommendation from its staff to authorize the Utility to greatly ex~and its service area beyond the boundaries of the "de-facto franchise"; and WHEREAS, such expansion would conflict with the plans of the District to provide a regional sewage treatment system by frag- ment:ing the service areas of the District, and reducing the customer base and bonding capability of the District, thusly jeopardizing the purposes fer which the District was created; and WHEREAS, the District i.s desirous of utilizing the Utility's excess capacity in furtherance of the District's plans; and WHEREAS, the District and Collier County are engaged in a series of lawsuits with Utility wherein it is alleged that certain actions of the District and the County have confiscated the pro- perty of the Utility and violated the civil rights of the Utility April 22. 1986 and its officers and directors, among other allegations and claims made by the Utility; and WHEREAS, the Utility has objected and appealed to the Florida Supreme Court validation of the County's water and sewer bonds; and WHEREAS, acquisition eof the Utility is the major part of the settlement .of the various lawsuits brought by the Utility, including the bond validation, and acquisition of the Utility and settlement of the lawsuits is in the public interest; and WHEREAS, acquisition l)f the Utility is consistent with the Collier County Comprehensive Plan. NOW THEREFORE, BE IT I~SOLVED BY THE BOARD OF COUNTY COMMIS- SIONERS OF COLLIER COUNTY, FLORIDA, EX-OFFICIO THE GOVERNING BOARD OF THE COLLIER COUNTY WATER-SEWER DISTRICT: 1. That certain agreement entitled "Agreement To Settle Litigation Between East Naples Water Systems, Inc., The Glades, Inc. , And Hubschman Associates, And The Board Of County Commissioners Of Collier Co:)unty, Florida, Through Acquisition Of Water And Sf_..~er Systems", hereinafter referred to as the "Agreement", a copy of which is attached hereto and incorporated by reference herein as Exhibit "A", is determined to be in the public interest and is hereby approved; and the Chairman of the County Commission is hereby authorized to execute said Agreement. 2. Pursuant to the provisions of Section 125.3401, Florida Statutes (Chapter 84-84, La.ws of Florida), the following findings are made with respect to the water and sewer systems which are the subject of the Agreement. A. The Utility's most recent available income and expense statement was filed with the Florida Public Service Commission as part of a pending rate case and is for a twelve (12) month period ending on September 30, 1985. A copy of the Utility's rate <:ase filing with the Florida Public Service Commission, hereinafter referred to as the .PSC Filing", is attached hereto and incorporated by reference 2 8001' 09:JP,l'~1 ~1R7 aODK 093 m1388 April 22, 1986 herein as Exhibit "8". The Utility had a net operating loss for the twelve (12) month period of app~oximately $192,530.00 and when adjusted for depreciation and taxes a net loss of approximately $65,584.00. The Utility's income and expense information, as contained i~ the PSC Filing, is summarized in a memorandum from the Di~;trict' s Utilities Administration Direct9r, a copy of which is attached hereto and incorporated by reference herein as Exhibit "CR. 8. The mas t re,::en t avai lable balance sheet for the Utility is contained in the PSC Filing and is also summarized in Exhibit "C". The PSC Filing reflects total assets of approximately $4,169,163.00 and total liabilities of approximately $3,906,448.00. The PSC. Filing reflects approximately $1,942,583.00 as contributions -in-aid-of- construction and approximately $372,127.00 as related accumulated depreciation. C. The PSC Filing reflects that the Utility claims a rate base of approximately $556,887.00 for the used and useful water system and $974,162.00 for the useJ and useful sewer system. On Marl::h 27, 1985, in CCURRB Case No. 84-1, the Collier County Utility Rate and Regulation Board found that the Utility had a rate base of $384,347.00 for the used and useful water sys1~em and $706,205.00 for the used and useful sewer system, for a twelve (12) month period ending March 31, 1984. A copy of the CCURRB Rate Order is attached hereto and incorporated by reference herein as Exhibit "D". D. The physical condition of the Utility's water and sewer systems is summarized in a memorandum from the District's Utilities Enginee=ing Director, a copy of which is attached hereto and incorporated by reference herein as Exhibit "E". The memorandu~ states that the sewer system is experiencing a problem with infiltration for which corrective repairs will be necensary, and that the water system is operating satisfactori.ly. The water plant has a total 3 1- April 22, 1986 permitted capacity of 1.25 MGD (..>ith a capability to be expanded in excess of 1.5 MGD), and the sewer plant has a total permitted capacity of 1.5 MGD. Both plants have ~re than fifty percent (50%) unused capacity. E. It is recogni.zed that the Utility's sewage treablent plant is the largest such privately owned and operated facility within the boundaries of the District and has excess capacity available which will enable the District to JIIOve forward at an earlier date in the District I s plans for a regional sewer system infrastructure. The pending action of the Florida Public Service Commission regarding the Utility's application for a greatly expended service area would seriously conflict wi.~h the District's reglonal sewer plans. This conflict would have great potential for additional litigation between thE! District and the Utility, the cost and outcome of which is uncertain. There presently exist seven (7) different adversarial proceedings between the Utility and the District pending before the Courts of the Twentieth Judicial Circuit of Florida, the Florida Supreme Court, the Florida Public Servi.::e Commission, and the United States District of Florida. All of these proceedings would be dismissed as part of the Agreement. Without regard to any consideration of poten.tial liability or damages in any of the pending proceedings, it remains difficult to quantify in terms of dollars th,:! ultimate cost to the District of defending these proceedings in terms of staff time, court and related costs, and attorney's fees. In the past year the District has incurred approximately $200,000.00 in costs and attorney's fees in the proceedings. The PSC Filing reflects that the Utility's original cost for the water system is $1,379,635.00 and $2,937,278.00 J:or the sewer system. A report prepared by the engineering J:irm Wilson, Miller, Barton, SolI & Peek, Inc., for the Uti1i ty states that the November, 1985 replacement value of the &O[IK 093' PA\~l3'8.9 4 ", .1 aDDK 093 mt 390 April 22, 1986 Utility's water and suwer systems, exclusive of any land or depreciation, would be $8,902,000.00. A copy of said report is attached hereto and incorporated by reference herein as Exhibit "F". In consideration of the foregoin~ factors, the purchase price of five million two hundred thousand dollars ($5,209,000.00) and the System Development Fee Credits and the other terms of th~ Agreement are reasonable and in the public interest. F. Purchase of the Utility by the County would have the following impacts on the Utility's customers: Positive 1. Improved opercltion, maintenance ana administration of the water and sewer systems. 2. Elimination of Public Service Commission regulatory fees. 3. Eventual connection to regional sewer system where larger custome,r base would help hold down user rates to reasonable levels. Negative No negative in~acts are foreseen. G. Additional investment will be required to repair and reconditi.on portions of the water and sewer systems which have not received prc:Jper maintenance in the past. The District must also con9truct additional sewer lines in order to connect new customers to the sewage treatment plant and fully utilize the excess capacity presently available. It is the plan of the District to discontinue use of the present sewage treatment plant within the next seven (7) years and to connect all customers to a regional sewage treatment plant owned and operated by the District. The District has the financial resources and has made the financial commitment through its wate~ and s~wer bond issue to make the additional investments as may be n.ecessary. 5 April 22, 1986 H. The alternatives to purchase by the District and potential impact on the Utility's customers if the purchase is not made are as follows: 1~ Continued lack of pr.oper operation, maintenance and rehabilitation of the water and sewer systems. 2. Increased user rates resulting in part from Utility's litigation expenses and rate case expenses which are passed through to users as a cost of doing business. 3. Exclusion of Utility's customers from District's regional sewer system. I. The District has the ability to provide and maintain high-quality and cost-effective water and sewer services as is summarized in a menorandum from the Distri<;;t' s Utilities Operations Director, a copy of which is attached hereto and incorporated by reference herein as Exhibit "G". J. The Distri,::t was originally established by referendum vote in 1969, pursuant to Chapter 153, Part II, Florida Statutes, and validated by a special act of the Legislature in 1978. The District has owned and operated a sewage treatment plant: in Area "A" of the District since 1977. The regional sewage treatment plant for Area "An has a rated capacity of 1.95 MGD. In 1985 the District acquired and assumed operation of a .3 MGD sewage treatment plant located in the Foxfire development to provide service in Area "C" of the District. In 1985 the District acquired and assumed operation of a 1.5 MGD sewage treatment plant located in the Lely development to provide service in Areas -C" and -D" of the District. In 1984 the District began operation of a regional water plant to serve Areas "C" and "D" of the District. The regional water plant has a rated capacity of 4.0 MGD, with an eventual planned expansion of capacity to 16.0 MGD. The financial ability and commitment of the District to provide a regional watE!r system and a regional sewer system is demonstrated by the District's action in seeking ;;11( db3 w.: 391 aOOK 093 Wol 392 April 22, 1986 validation of eighty two million five hundred thousand dollars ($82,500,000.00) in water and sewer revenue bonds. Acquisition of the Utility will terminate the appeal filed by the Utility against the bond validation and permit the District to proceed with its plans for the regional water and sewer systems, which will include intergration of the Utility's systems with those of the District. This Resolution adopted after motion, second and roll call voted as follows: Commissionel. Voss M:>t1oned and aye Commissioner Iblland Seconded and aye Commissioner Hasse Aye Commissioner Goodnight Aye Commissioner Pisto:c Aye 1986 BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, EX- OFFICIO THE GOVERNING BOARD OF THE COLLIER COUNTY WATER-SEWER DISTRIC: () ~ By: L (;f. )if:~M JOH A. PISTOR, Carman and 7