Mequon utility purchase invites criticism
- From: Vol 9, Issue 9 (September 2008)
- Category: General
- Region: Americas
- Country:
The City of Mequon in Wisconsin will raise debt to purchase a local water system for USD14.8 million. The public referendum offered little in the way of alternative outcomes.
At a referendum on 9th September, the citizens of Mequon, Wisconsin, authorised the city to purchase the water utility which currently serves more than 7,000 residential customers as well as a variety of commercial customers. The deal was struck for USD14.8 million, and the present owner, We Energies, is not sorry to see it go. “After extensive review ...
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