Space Coast Progressive Alliance

The Future of the American Experiment is in Your Hands
Friday, 15 August 2014 10:42

$1.39 billion investment a bargain

Written by  Compiled by Team SCPA

Posted August 15, 2014 at 12:50pm

ISSUE: INDIAN RIVER LAGOON, continued

$1.39 billion over 15 years for $3.7 billion annual return is a bargain -- yes?

According to Jim Waymer in Florida Today on August 7, it will cost $1.39 billion OVER 15 YEARS for cities along the lagoon to put in place the prevention system required to meet current state limits on nitrogen.

Remembering that the lagoon contributes almost $4 billion EVERY YEAR to the economy along the lagoon, one would have to conclude there's only one logical action: we'd best get on with investing the $1.39 billion over 15 years without delay, to keep the $4 billion flowing. Actual figure is $3.7 billion, see below.

The Indian River Lagoon is a great and UNearned gift to us. Failure to maintain this national resource located in our neighborhood is inexcusable. The developer who owns multiple developments and then testifies that he should not have to contribute to stormwater treatment for multiple properties is simply an example of more short-sighted business as usual -- the kind of thinking that got us into this sad predicament.

-- Excerpt from Melbourne City Council passes weakened stormwater fee increase, link below

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LINKS + SOURCES

Cleaning Indian River Lagoon will cost $1.4 billion
By Jim Waymer, Florida Today, August 7, 2014

Cleaning up the Indian River Lagoon won't be cheap.

It could cost local governments from Fort Pierce to Volusia County about $1.4 billion over 15 years to meet new state limits on the nitrogen and phosphorus that enters the lagoon from soil erosion, fertilizers, septic tanks and other sources.

Florida wants the nutrients entering the lagoon cut by about half by 2028, to prevent the algae blooms that kill fish, seagrass and other marine life. …

More: http://www.floridatoday.com/story/news/local/environment/2014/08/06/cities-ponder-new-ponds-higher-fees-to-meet-lagoon-pollution-limits/13670487/

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Estimated economic value of the lagoon is $3.7 BILLION...
… supporting 15,000 full and part-time jobs and providing recreational opportunities for 11 million people per year.
http://floridaswater.com/itsyourlagoon/

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Melbourne City Council passes weakened stormwater fee increase
By Spence Guerin, Space Coast Progressive Alliance, August 14, 2014

On Tuesday evening, August 12, 2014, Melbourne City Council held a public hearing on a proposed increase for annual stormwater fee from $36 per residential unit to $52 per residential unit, to be followed in 2016 by increase to $64 per year. …

The city council opted for a reduced fee of $44 for one year only. …

More: http://www.scpaflorida.com/item/2899-melbourne-passes-weakened-stormwater-fee

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Compiled by Team SCPA

 

Last modified on Friday, 15 August 2014 11:01
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