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Builders, real estate agents and property owners said they were caught off guard last year after the city council approved a 140% increase to its water rights acquisition fee in addition to the ...
The city council voted 5-2 last week to increase its water rights acquisition fee by more than 140%. Those extra dollars will go directly to a fund the city uses to buy water rights at market rate ...
“The need to adjust the fee comes down to the city’s ability to allow residential and commercial projects to continue to be developed.”
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The District encompasses approximately 10,000 square miles (30,000 km 2) in all or part of 16 counties in west-central Florida including Charlotte, Citrus, DeSoto, Hardee, Hernando, Highlands, Hillsborough, Lake, Levy, Manatee, Marion, Pasco, Pinellas, Polk, Sarasota, and Sumter counties, serving a population of more than 5.5 million people.
In 2003, a committee predominantly composed of real estate developers was appointed by Governor Jeb Bush to solve Florida's water disparity. Members were selected from the lobby group Council of 100 and in a 2003 report proposed "a system that enables water distribution from water-rich areas to water-poor areas," or the transfer of water through pipelines from the state's northern regions to ...
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