STOP FGUA

FGUA has issued 25 million dollars of more debt for the citizens of Lehigh Acres
&
7.5 million dollars of special assessment bonds for Woodridge Preserve


In FGUA 2006 approved budget has the following items

New Mirror Lakes Water Treatment Plant 2.5 Million dollars
Reuse Pipeline Expansion 2 Million dollars
Wastewater Collection System Improvements 1 Million dollars
Homestead Force Main Installation 844 Thousand dollars
&
6.6 Million dollars for a Deep Well Injection Plant

BUT THE WORSE OF IT ALL IS
Mr. Robert Sheets &
Government Services Group

Receives per contract a 3 to 4.5 % management fee on all projects

This means Government Services Group
for the fiscal year 2006 will receive

$ 985,000 of your bonded money

Also Government Services Group Bonding Company will
receive a 3% fee for issuing the bonds for the 2005
which equals to –

On the 25 million 2005 revenue bonds – GSG received $750,000
On the 7.5 million 2005 special assessment bonds -- GSG received $225,000

GSG and their other companies will receive 1.96 Million dollars in fees alone this year WHY?????

These fees above does not include yearly operations contract amount that Government Services Group charges FGUA