Maui County Council member, Yuki Lei Sugimura, announced Tuesday she has requested a financial analysis of a potential water source development agreement between the County of Maui and Free Market Ventures, LLC, according to a press release from Sugimura.

The analysis would reportedly be done by the County’s Department of Water Supply.

“As we continue to review the potential agreement between the County and Free Market Ventures, LLC, it is important that we take a close look at what the financial impacts would be to our ratepayers and taxpayers,” Sugimura said in the press releases. “I have requested that the Department of Water Supply provide us with this analysis prior to any decision-making.”

The Maui County Council is reviewing a resolution to authorize Mayor Richard T. Bissen’s administration to enter into an agreement with Free Market Ventures, LLC. The agreement would reportedly involve Free Market Ventures, LLC drilling wells in Kula and the County purchasing water from the private source.

Sugimura will host a community meeting today, March 27th at the Mayor Hannibal Tavares Community Center in Pukalani from 6 to 8 p.m.

Participating in Wednesday’s meeting will be Department of Water Supply Director John Stufflebean and representatives from Free Market Ventures, LLC.

“I want to thank Director Stufflebean and his department for examining this potential agreement and its impacts,” said Sugimura.

Wednesday’s meeting is scheduled to be televised and streamed by Akakū. For more information please feel free to contact council member Yuki Lei Sugimura’s cell (808) 830-0344, office (808) 270-7939 or by emailing YukiLei.Sugimura@MauiCounty.us.