The agreement is one of many steps in the process of selling the municipal water utility to NJAW. The Village expects the process to be completed later this year.
Tag:
South Orange Water Utility
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Subject to approval from the NJ Board of Public Utilities, NJ American Water anticipates completing the acquisition of South Orange’s water utility in the second half of 2025.
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Voters will decide on Nov. 5 if South Orange should move forward in negotiating the sale of its water utility to NJ American Water.
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GovernmentSouth Orange
South Orange Council to Host Special Meeting July 29 Considering Referendum for Water System Sale
The virtual meeting is scheduled for July 29 at 7 p.m. The village has received an offered to from NJAW to purchase its water utility for $20M and perform $50M in infrastructure upgrades over the next 10 years.
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GovernmentSouth Orange
South Orange Voters Could Decide Fate of Water Utility: To Sell or Not to Sell?
Village Council votes 4-2 to put the question of the nearly $20-million sale to NJ American Water on the ballot in November. “This is just a starting point,” said Mayor Collum.
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NJ American Water, which already supplies South Orange’s water, has bid $19.7M for the utility. The township council must now vote on an ordnance to put the sale to a referendum.
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GovernmentSouth Orange
South Orange Raises Water Rates, as Leaders Say ‘We’re Not Gonna Kick the Can’ on Infrastructure
“Our water utility will be raising the rate from $7 per 100 cubic feet to $7.28 per 100 cubic feet, which is an average increase of roughly $6 per resident per quarter,” said Village President Sheena Collum.
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GovernmentSouth Orange
As Township Considers Future of Water Utility, South Orange Intro’s Bond for $500K
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Want to know what is happening in your community? WE MAKE IT EASY! Try…
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