THAT the Westside Regional Wastewater Treatment Plant Stakeholder Select Committee receive the Westside Sewer System Draft 2021-2025 Financial Plan Report for information; and
AND THAT the Committee recommends increasing reserve funding and capital levels from 45% to 50% of the recommended annual replacement amount, and to continue with 5% increases annually to continue to bridge the funding gap.
AND FURTHER THAT the Committee recommends the Westside Sewer System budgeted Draft 2021 – 2025 Financial Plans to the Board.