There is a movement in Cape Coral, Fl. to privatize the public water system.
Does this movement reflect true public sentiment? Or is it based in Demagoguery?
This blog site is dedicated to informing the citizens of Cape Coral about how privatization would NOT be in their best interests.
From Cape Coral Watchdogs written by self professed mayoral candidate John Sullivan:
If our administration can’t deliver the same services at the same price as other communities in Florida by taking these projects in-house and/or by getting rid
of manager at risk (MWH Montgomery Watson Harza)...
then the utilities need to be privatized in order to curb the financial destruction brought on by these projects as they exist today.
If the city refuses to take these (water system expansion) projects in-house, then there is only one other alternative and that is to privatize the utilities.
The cost of the utilities is breaking the backs of the residents financially and this is going to affect the economy in Cape Coral for many years to come.
From Cape Coral Minutemen written by John Sullivan.
There is one other alternative, that would be to sell the utilities and pay down the debt and privatize it. It would be regulated and we would have experts running it.
We don't appear to be able to run this ourselves without the prospect of huge rate increases each year.
We need to get the utilities out of the hands of the city because it is too expensive and will only make it unaffordable to stay in Cape Coral.
COVID 19: Everything's Jim Dandy?
4 years ago
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The city is good at spending other peoples money, $615.9 million in debt. They are not into saving money! They are not attracting retiring residents or a industrial base to the city. The Cape worked well as a retirement community for years. The people that relocated here had fat pensions and large retirement savings accounts. I myself would not want to retire in Cape Coral. The city should not charge in advance for water services on vacant land, they should have a impact fee at the time of construction on a empty lot, per house. That way it could be all financed together at a fair interest rate over 30 years. Thousands of homes will be going into foreclosure, people who own vacant will default due to the pending water assessments. Will anyone want to bid on these property's at the tax deed auction, knowing they will have pay thousands of dollars in deferred water payments?
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