Builders are starting to see a sharp increase in the cost of construction materials. But, why? Author: Heather Hope (Reporter) Updated: 6:44 PM PST March 2, 2021
SAN DIEGO Home improvement projects increased significantly last year with people looking for a place to spend their money during the coronavirus lockdowns. Now with the vaccine available and as the economy begins to slowly reopen, builders are starting to see a sharp increase in the cost of construction materials. The metal and the wood has definitely gone up. We are selling these 2 by 4 s here, they were $4.99, and now, we have to sell them for $9.99, and we barely make a profit of them,” said Ron Roman, co-owner of Hammer & Nails Ace Hardware in Pacific Beach.
It has been more than 30 years since Douglas County took over the Cave Rock Water System.
One of three private systems serving Douglas residents at Lake Tahoe, Cave Rock was purchased by the Tahoe-Douglas Fire Protection District to protect its water rights.
On Thursday, Douglas County commissioners approved selling $16.5 million in bonds financed by a loan from the state to complete $18 million in improvements to the Cave Rock system.
The water system serves 332 Cave Rock and 251 Skyland residential customers. Residents pay an average of $136.29 a month, with $20 a month going to capital improvements.
The $20 surcharge is the source for $1 million of the cost of the project. A $500,000 U.S. Forest Service grant makes up the difference.
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