Local News

Board Approves Utility Deal

FORT WAYNE, Ind. (WOWO): Just a few hurdles before the City's deal to purchase Aqua Indiana is finalized.

Fort Wayne's Board of Public Works approved the $67 million plan yesterday. The plan now moves to City Council were it is expected to be approved next month. That's according to the Journal-Gazette.

In 2008, the city paid $16.9 million for the Aqua Indiana's facility in northern Fort Wayne, it will pay $50 million for the utility companies operation in southwest Allen County.

The city will use a $63 million dollar loan to pay for the Aboite township facility and the cost of connecting to the city's service.

Indiana's Utility Regulatory Commission must still approve the agreement.

Related posts

Two Fort Wayne Community Schools Receive STEM Certification

Michael McIntyre

Proposed Food Innovation Center Unveiled in Wells County

Dean Jackson

LaGrange Police Department seizes drugs in Friday night raid

Brian Davis