City Government News

Mon
22
Aug
CapeCoral.com's picture

Membrane replacement at RO plant saves over $100K

The new membranes were installed in 2010 and have reduced energy consumption by $88,545 per year, the City’s largest energy reduction project. In addition to the energy savings, the City saved about $33,600 in labor costs by using in-house staff rather than an outside contractor to load and install the membranes.

Thu
18
Aug
CapeCoral.com's picture

Upgraded bond ratings expected to save Cape Coral millions

The Water and Sewer bonds went from a “BBB+” with a positive outlook to an “A-“ with a stable outlook. The Special Assessment bonds were upgraded from a “BBB-“ with a positive outlook to a “BBB” with a stable outlook. These improved bond ratings could save the City more than $750,000 in interest costs annually on an upcoming bond issue.

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