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Crystal Springs Water Company Options

Crystal Springs Water Company Options. Ashley J. Lucht, Capacity Development Coordinator State of Vermont Water Supply Division March 10, 2010. The Options. Fire District Homeowners Association Cooperative Sell to private owner Do nothing Connect to Montpelier. Fire District. Pros.

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Crystal Springs Water Company Options

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  1. Crystal Springs Water Company Options Ashley J. Lucht, Capacity Development Coordinator State of Vermont Water Supply Division March 10, 2010

  2. The Options • Fire District • Homeowners Association • Cooperative • Sell to private owner • Do nothing • Connect to Montpelier

  3. Fire District Pros Cons • Requires minimum number of voters to create • Functions like a municipality • Needs the support of the town • Must be a registered voter in the town to vote on FD matters • All users have a vote • Functions like a municipality • Eligible for favorable loan terms from funding agencies • Eligible for more funding options • Transparent • Support of the Town • Protected by State Statute • Not regulated by PSB & DPS

  4. Homeowners Association Pros Cons • Requires all users to agree and be members • Functions similarly to a municipality • Is not protected by Statute • Not all users can vote • All property owners have ownership and vote • Functions similarly to a municipality • Eligible for favorable loan terms from some funding agencies • Eligible for more funding options • Transparent • Does not need town approval • Not regulated by PSB & DPS

  5. Cooperatives Pros Cons • Requires all users to agree and be members • Functions similarly to a municipality • Is not protected by Statute • Not all users can vote • All property owners have equal ownership • Functions similarly to a municipality • Eligible for favorable loan terms from some funding agencies • Eligible for more funding options • Transparent • Does not need town approval • Not regulated by PSB & DPS

  6. Remain in Private Ownership Pros Cons • Needs a willing buyer • Uncontrollable user rates • Owners are allowed to profit from system • Not eligible for favorable loan programs or terms • Regulated by DPS & PSB • Users have no say in how water system is run • Closed door • Users don’t have to do anything

  7. Do Nothing Pros Cons • Responsibility will revert to a willing and legal entity • DPS may revoke CPG • Decisions on future may be made quickly and without public input • Future is unknown • Public health may be risked • Users don’t have to do anything

  8. Connect to Montpelier Pros Cons • Need to be organized somehow • Will have to upgrade distribution system • Need entity to collect payment, pay bills, etc. • May have to sample in system • May still be regulated by WSD • Expensive to connect • Reliable source of water

  9. Discussion of Options

  10. Contact me:Ashley J. Lucht,Capacity Development CoordinatorState of VermontDepartment of Environmental Conservation- Water Supply DivisionOld Pantry Building103 South Main St.Waterbury, VT 05671-0403802 241 3424- direct line802 241 3284- faxashley.lucht@state.vt.uswww.vermontdrinkingwater.org

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