Price set for Granite City Sewer system at 18 MillionArchived Message
Posted by Riverbender on January 2, 2020, 11:29 am
american Waterworks will pick up 12500 customers so Granite is essentially selling, and AWK is buying, each unit for $1,440. Rather reasonably priced one might think unless the system's infrastructure has been neglected over the years but certainly the political leaders wouldn't do that...um would they? One can easily opine that within a few years the bills will be hiked to provide AWK a profit and we have to ask...where is the 18 Million going to go? https://www.zacks.com/stock/news/690091/american-water-arm-to-buy-granite-city-wastewater-system