Truckee PUD: Sale of old Glenshire water company building nearly complete
May 31, 2011
TRUCKEE, Calif. and#8212; A potential $360,000 sale of an old utility property may spell a slight decline in water fees for Glenshire residents, pending a Truckee Donner Public Utility District decision this month.
In a recent interview, TDPUD spokesman Steven Poncelet said a property formerly owned by Glenshire Mutual Water Company and#8212; most recently used as the temporary Glenshire firehouse for the Truckee Fire Protection District and#8212; is in the process of being sold and could slash Glenshire residentsand#8217; water surcharge by more than half.
and#8220;Assuming a successful close of escrow, the basic choice before the TDPUD board is to either lower the payment amount from $10.75 to approximately $4.75 per month, or adjust the end date of the (surcharge) from November 2017 to approximately March 2014,and#8221; Poncelet said.
Glenshire residents could see decreases to bills, pending a final sale, in a month or two, Poncelet said, should the TDPUD board decide to lower the surcharge and#8212; opposed to shortening the time of it.
Elaborating, Poncelet said the surcharge was added to Glenshire residents when they were incorporated into the district after Glenshire Mutual Water Company could not afford to meet state standards for safe drinking water in 2001, turning ownership of their facilities to the TDPUD.
and#8220;Part of the deal was that those (Glenshire) customers had to pay for all of those costs to join the system, just as if they were a new development coming in,and#8221; Poncelet said.
Recommended Stories For You
However, since it was agreed to use the sale of the Glenshire companyand#8217;s old facilities against the costs, Poncelet said the sale would decrease the surcharge cost to residents.