FAYETTEVILLE SELLS WATER PLANT TO AMERICAN WATER

(08/11/2008)

By Bob Weaver The privatizing of West Virginia's last great natural resource - water - continues, moving ownership from a public-owned utility to a mega-giant water corporation. Fayetteville residents voted overwhelmingly Saturday to sell the town's aging water and sewer systems to West Virginia American Water. About 86% of voters were in favor of the sale. The sale marks the company's first acquisition of a sewer system. With the sale now approved by voters, the company awaits final closure on the $3.9 million purchase agreement. Fayetteville residents will officially become West Virginia American Water customers after the deal closes. West Virginia American Water is the largest investor-owned water utility in West Virginia, providing water to more than 581,000 customers. West Virginia American Water is a wholly-owned subsidiary of American Water, and provides drinking water, wastewater and other related services to approximately 15.6 million people in 32 states and Ontario, Canada. The State of West Virginia has yet to develop a plan to protect and develop the state's water resources to benefit the public.

Hur Herald ®from Sunny Cal The information on these pages, to the extent the law allows, remains the exclusive property of Bob Weaver and Dianne Weaver The Hur Herald. All information may be freely used but must not be sold or used in any type of commercial endeavor, or used on any web site without the express permission of the owners ©Bob and Dianne Weaver, The Hur Herald, 1999, 2000, 2001