Posts Tagged ‘ buyout ’

Not clear on the concept

August 26, 2005
By Billy Dennis

I’m getting the idea that our new mayor just flat out is opposed to a water buyout, no matter what circumstances. This is his quote in today’s Journal Star article:
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More prize winning bad advice from the JS

August 22, 2005
By Billy Dennis

After years of discussion, the Journal Star’s award winning (snicker) editorial board wants the Peoria City Council to wait until 2008, and then reconsider buying the water company:
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Water Company tries 1 last price gouge before buyout happens

August 20, 2005
By Billy Dennis

The Illinois American Water Company has told the city that it plans to seek an 8-percent increase in water rates, the Journal Star reported today. Since IAWCO took over the water company, rates have risen about 8.8 percent annually.
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Water buyout will be narrow

August 18, 2005
By Billy Dennis

Nothing in this article changes my original prediction. The water buyout will pass by one vote: Yes: Sandberg, Grayeb, Manning, Van Auken, Gulley and Spears. No: Ardis, Nichting, Morris, Turner and Jacob. Chase presented a good argument for a landslide in favor. But that 82 percent referendum will weight on their minds. I don’t see it passing...
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Can the city afford to turn down $1.5 million a year?

August 17, 2005
By Billy Dennis

That’s the question members of Peoria City Council will have to ask themselves during the next week as they consider whether to vote to begin — once again — trying to buy the Illinois American Water Company. More than 80 percent of voters said “no” way back in March. Here is the difference between now...
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