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Rocketing water bills for ratepayers

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January 11, 2008

Hinze Dam
Hinze Dam
GOLD Coast ratepayers could face rocketing water bills after the State Government took control of the region’s dams for a fraction of what they’re worth.

With Brisbane-based bureaucrats at the Queensland Water Commission dictating the water grid roll-out, Mayor Ron Clarke fears that Gold Coasters could be left high and dry.

Gold Coast Water officials yesterday negotiated a $512 million windfall for the city’s bulk water assets, but in the process the council has lost all control of its lucrative water charges.

The transferred bulk assets include reservoirs, the Hinze and Little Nerang dams, pipelines and water pumps across the city.

According to Cr Clarke they have all been undervalued and the State Government has offered only a token figure for compensation.

Gold Coast Bulletin

Written by admin · Filed Under State & Local News 

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