"While you were watching the debate Monday night, Roswell voted without your input to drop $16.1 million more debt on the shoulders of their water customers, oh and this has nothing to do with the other $14.7 they want from you on Nov. 6.
Are Roswell’s water customers ready to shoulder almost $30 million in less than two weeks from the Roswell Government?"
Here are the basic facts:
No cost analysis has ever been performed by the City or any City contractors to determine how the new loan for this water plant will be repaid. Having requested ROI analysis since the Water System Master Plan was issued in July 2010, I can tell you that none Exists.
No one from the City has visited a single operating water plant designed by the outside consultants to verify operating cost estimates.
The $900,000 annual cost of the bond on this plant is, according to the City, is going to be repaid by undocumented cost decreases and only $72,000 per year in additional revenue from current water customers. The numbers don't add up.
Roswell currently charges 22 percent-150 percent more for residential customers than Fulton County.
Even though the City used the 2010 Comprehensive Governors Water Taskforce report to justify this unnecessary project, they chose to completely ignore 2 of the 3 funding sources recommended by the Taskforce.
The City has not conducted, or even attempted to conduct, a single meeting with Atlanta-Fulton County Water Authority to negotiate a long term water deal to eliminate the need for a new plant.