Buz Eddy

Unbilled, unpaid $285,000 allegedly owed by Gulf Breeze

Unbilled, unpaid $285,000 allegedly owed by Gulf Breeze

Apparently, the City of Gulf Breeze has not paid nearly $300,000 owed over the past 15 years. That’s understandable, since the fee was never billed to the city by Fairpoint Regional Utility System. Now the utility is seeking to collect, but the city is hesitant to pay up.   Read the full article in the […]

Fairpoint’s finances get big boost

Fairpoint’s finances get big boost

The collective of utilities that supplies Holley Navarre Water System has discovered a line of low-interest credit that can apparently be used to cover much of its infrastructure costs for years to come. John Grant, the volunteer president of Fairpoint Regional Utility System, told the Navarre Press: “We found a million dollars that we didn’t […]

Fairpoint foresees big cash surplus

Fairpoint foresees big cash surplus

In an apparent reversal of fortune from a year ago, Fairpoint Regional Utility now expects a financial surplus that could rise to about $12 million during the next decade. Further, recent changes to Fairpoint’s board are already signaling its increased independence of influence from City of Gulf Breeze officials who campaigned last year for a […]

Follow the trail of money

Follow the trail of money

This week’s story by Rob Johnson on the Fairpoint refinancing sheds a lot of light on the entire deal that is now for all purposes – dead. Fairpoint’s board president, Buz Eddy is looking a little contrite after causing quite the stir over the supposed urgent need for refinancing Fairpoint’s debt. He and fellow board […]

Fairpoint’s finances raise questions

Fairpoint’s finances raise questions

The concerns that prompted Gulf Breeze-based officials of Fairpoint Regional Utility System to press for a controversial debt restructuring last year have largely drowned in black ink. Also gone—at least for now—are fears that an increase in the price of water that Fairpoint sells to the collective’s members, such as Holley Navarre Water System, could […]

Fairpoint debt deal appears dead

Fairpoint debt deal appears dead

The controversial loan restructuring that would have raised the debt total of Fairpoint Regional Utility System by about 40 percent took a big hit last week when Holley Navarre Water System voted in a new board. Fairpoint needs the support of all three of the collective’s member utilities, and the likelihood of getting that from […]

Scope of Gulf Breeze probe could widen

Scope of Gulf Breeze probe could widen

The planned inquiry by the Florida Auditor General’s Office into the City of Gulf Breeze’s finances will take several months and may extend to questions about controversial legal expenditures. Requested recently by State Sen. Doug Broxson, the audit will bring a Tallahassee-based team of accountants and other specialists to set up shop at Gulf Breeze […]

Sunshine Law cloudy for Fairpoint Regional

Sunshine Law cloudy for Fairpoint Regional

While a recent unannounced gathering of some Fairpoint Regional Utility Service directors may appear to have violated Florida’s Sunshine Law, some are questioning their obligation to meet in public. In fact, Holley Navarre Water’s president, Bien May—who is also a Fairpoint director–when asked by a reporter recently whether the Sunshine Law applies to the boards […]

Gulf Breeze faces state audit

Gulf Breeze faces state audit

  Nearly three years after the City of Gulf Breeze started levying water utility surcharges on its customers who lives outside the municipality’s border, the Florida Auditor General’s Office is looking into numerous complaints about those fees. Requested by State Sen. Doug Broxson, the state’s audit will apparently be a top-to-bottom investigation of the city’s […]

Water board under Sunshine Law scrutiny

Water board under Sunshine Law scrutiny

Allegations that three of Fairpoint Regional Utility’s seven board members violated Florida’s Sunshine Law by meeting in private last month are under review by the State Attorney’s Office in Pensacola. “The only thing I can say at this time is I can confirm that we have received a copy of the complaint regarding the Sunshine […]

Suspicions rile water board

Suspicions rile water board

The rebellion among Holley Navarre Water System board members against proposed debt restructuring by the collective that supplies their water focuses on concerns that the motive behind the deal is actually to enrich the City of Gulf Breeze. “It’s a money grab,” said Brian Kelly, an HNWS director and finance committee chairman in an email […]

Water board faces outside political pressure

Water board faces outside political pressure

Do it our way. That’s the message from City of Gulf Breeze officials to the Holley Navarre Water System board about a controversial proposal to refinance $9.8 million in debt held by the collective from which the utility buys most of its water. A majority of HNWS directors recently rebuffed the inperson pitch by Fairpoint […]

Gulf Breeze’s golf course legal fees top $1 million

Gulf Breeze’s golf course legal fees top $1 million

The money-pit image of Tiger Point Golf Club is well known among taxpayers and officials in the City of Gulf Breeze, which owns the 375-acre property. But new details about the true depth of the financial hole dug at Tiger Point Golf have emerged in a Santa Rosa Circuit Court document filed earlier this month. […]

Gulf Breeze Don Quixote tilts power structure

Gulf Breeze Don Quixote tilts power structure

Jim Doyle is disproving the old adage that you can’t fight City Hall. He recently rallied several of his Gulf Breeze neighbors to defeat a plan devised by the City Council and its paid staff to levy a special assessment of $1,686 per home to pay for new stormwater drainage infrastructure near their houses. Doyle […]