The facility will encompass approximately 22,500 square feet and will house approximately 50 utility workers and 30 office personnel. The rationale for building this facility is that Georgetown is growing and most of the growth is on the west side of town. The city's current facility to house the utility personnel, vehicles and equipment is in the southeast part of town, beyond I-35. This makes the response time to utility issues extremely long and the work time is reduced due to the transport time for people and equipment to the west side.
It will cost $5,100,000 to build and equip this facility. $4,000,000 of these funds come from bonds issued in 2012-13. A question to ask is: How much interest was being earned over the last 3 years while paying the interest on the bonds? I would estimate interest earned at less than 1% while paying interest of 5% or more. Inquiring minds would like to know the answer.
An interesting side note is that this facility in not within the city limits.
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