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Water, sewer utility sale passes another hurdle

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The proposed sale of the city’s water and sewer utilities to Citizens Energy Group passed another procedural hurdle Monday.

Approval of the City-County Council’s utility transportation oversight committee by a 7-4 vote followed an OK earlier this summer from the Board of Public Works.

The full council is to vote on the sale July 26. Ultimately the deal requires approval of the Indiana Utility Regulatory Commission, which could take months.

Mayor Greg Ballard proposed the sale as a way to generate $425 million in cash for city infrastructure improvements such as roads and bridges. The city acquired the water utility in 2002 from Merrillville-based NiSource.

Indianapolis Water is managed by Veolia, a private firm that would continue to be tapped to help run the utility under Citizens, the city’s gas utility. The extent of that partnership has not yet been specified.

Currently the water utility has a 33-percent rate hike request pending before the IURC.  Citing questionable oversight by the city’s waterworks board and other problems with the water utility, the state’s Office of Utility Consumer Counselor says Indianapolis Water’s rate request should be limited to 17 percent.

 

 

 

 

 

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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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