Published: December 28, 2012
Florida Governmental Utility Authority Approves $49.2 Million Investment
TALLAHASSEE, Fla. - (BUSINESS WIRE) - The Florida Government Utility Authority (FGUA) announced today that it
signed an agreement to purchase most of the water and wastewater
systems, currently owned by Aqua Utilities Florida, Inc., and Crystal
River Utilities, Inc., located in Florida.
Today the FGUA Board approved the $49.2 million to purchase the majority
of the water and wastewater systems currently owned by Aqua Utilities
Florida, Inc., putting these assets into government management. As part
of the process, FGUA plans to stabilize rates and will continue to
improve the quality of service for these customers.
"This purchase provides many direct benefits to the customers," said
FGUA System Manager, Robert Sheets.
To read the complete release at NewsBlaze,
Florida Governmental Utility Authority Approves $49.2 Million Investment,
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