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SOUTH WHITLEY â€” With a multi-million dollar focus on the townâ€™s waste water utility, South Whitley Town Council members are weighing the possibility of selling the townâ€™s water utility.
At Tuesdayâ€™s council meeting, town leaders entertained an updated proposal from Indiana American Water Company.
Company representatives had previously brought information to the council on the possibility of IAW purchasing the townâ€™s water utility.
At the time, IAW requested an opportunity to review the townâ€™s rate information in order to make an informed pitch on how IAW might better service the townâ€™s water.
Tuesday, the proposal offered to the council showed the water rate would be slightly higher than what South Whitley residents are accustomed to.
However, the sale of the utility would generate cash the town could use to pay off other debt attached to the townâ€™s sewer upgrades.
That debt relief could allow for the sewer rate to decrease while the water rate increases, but in the end the overall total utility bill would remain the same.
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