DUBUQUE, Iowa (AP) - The city of Dubuque is considering buying a neighboring private rural water provider’s system for more than $4 million to settle to two side’s legal differences.
The Telegraph Herald says (https://bit.ly/2gWxG2O ) City Council members on Monday will consider the proposed settlement agreement that would dismiss the legal dispute between the city and Central Iowa Water Association.
City officials and the association had filed opposing state and federal lawsuits in recent years.
Under the agreement, the city would purchase CIWA’s water systems in Dubuque County, excluding the Barrington Lakes subdivision, effective Tuesday for $4.1 million, plus $200,000 in interest and $3.6 million to build new water lines to CIWA’s water tower.
In exchange, CIWA would agree not to serve water or sewer customers within two miles of Dubuque city limits.
___
Information from: Telegraph Herald, https://www.thonline.com
Please read our comment policy before commenting.