David Persinger
19:09 - 19:28
“we were able to cap our compensation at $600,000 a year with an adjustment for inflation, and that's going to save us about $600,000 a year. Currently, we spend about $1 million to $1.2 million per year on paying for lost power production.”
- Speaker
- David Persinger
- Timestamp
- 19:09 – 19:28
- Community
- Alaska News
- Location
- Anchorage
- Captured at
From the transcript
And then the water rights or the water supply agreement, and this is really the crux of this whole effort and has the most, I would say, the most benefit to the to Anchorage Water and Wastewater Utility over the length of these agreements. Like I said before, the Constitution gives us a preferential use, or, you know, the highest use under the state Constitution. It does not give us automatic water rights for drinking water. And what this agreement does is it gives us continued use of the infrastructure for public water supply, but we still have to compensate them However, we were able to cap our compensation at $600,000 a year with an adjustment for inflation, and that's going to save us about $600,000 a year. Currently, we spend about $1 million to $1.2 million per year on paying for lost power production.
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