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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.”
A solution was made in 1991 when Pasco County was awarded the right to use their water first while allowing Pinellas County unlimited access to two well fields. Pinellas County continued to cause conflict by refusing to fund alternative water sources and prevented the development of such innovations.
“At the end of the day, we really need to just figure out what’s best for the city of Pasco.” ‘Sticker shock.’ New city council reconsiders Pasco’s 140% water rights fee increase
Here’s why your water bill keeps going up and what you can do to save water. See Our List: 100 Most Influential Money Experts Find Out: How To Build Your Savings From Scratch
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Home values are dropping in Seattle and beyond. Is that likely to happen in Tri-Cities?