Posts Tagged ‘ water buyout ’

Monday Morning Musings

January 16, 2006
By Billy Dennis
Monday Morning Musings

It’s open thread time. Here’s some possible topics: 1. Governor Blagojevich wants to let restaurant patrons play Keno, which is a quick-paced form of gambling that some critics say is as addictive as Bingo on crack. Furthermore, Blagojevich says existing law gives him all the authority he needs to allow this form of gambling without...
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JS plays catch-up on water buy-out pact

January 16, 2006
By Billy Dennis

Yesterday, the Journal Star reported on agreement between Peoria, Pekin, Champaign and Urbana to team-up to buy the Illinois American Water Company. I’ve read the same story before, last week. journal star,water buyout,illinois american,rwe,pekin,champaign,urbana
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Buyout backers are making a huge mistake … again

November 8, 2005
By Billy Dennis

The Peoria City Council might decide to seek a partner or two to to buy the suddenly for sale Illinois American Water Company. I keep seeing paragraphs like this in the press: On the open market, Peoria wouldn’t be constrained by the appraisers’ set price of $220 million – a strong factor that many council members...
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Water company to workers: Thanks for nothing

November 5, 2005
By Billy Dennis

The Journal Star posted it’s own article about the eventual sale of the Illinois American American Water Company. I was struck by this paragraph: Ironically, the announcement of a sale came the same day as a celebratory dinner for local employees because they helped avoid a city buyout. There’s nothing ironic about it. IW drafted its...
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It’s all over, but expect some shouting

September 21, 2005
By Billy Dennis

In the end, the Randy Oliver came up with wording that notified Illinois American that they weren’t going to try to buy the company that didn’t mention “due dilligence.” So Gary Sandberg was happy. But don’t be surprised if the phrase pops up at least once or twice at every single council meeting for the...
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Widmer v. Sandberg, Part 2

September 9, 2005
By Billy Dennis

County Board member Merle Widmer, a pal and a Peoria Blogger, has some sharp advice for a member of the Peoria City Council: City Council meetings would last about half as long as if their wasn’t Gary and Chuck (with Clyde trying to catch up), repeating themselves over and over again as if the rest...
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It’s time to put the water buyout on the shelf

September 7, 2005
By Billy Dennis

*UPDATE: (6:38 p.m.) I spoke to City Council Member George Jacob today. He wanted to clarify what he told me after last night’s meeting. The issue with the people at the government agencies with whom he spoke wasn’t so much the issue of the buyout itself, but the timing. They believed that there...
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Water buy-out isn’t dead yet

September 2, 2005
By Billy Dennis

Via WEEK Councilman Gary Sandberg wants the city of explore the idea of re-assigning the city’s option to buy the water company to another public body. Those bodies might include the Peoria Public Building Commission or the Greater Peoria Sanitary District. Illinois American,gary sandberg,water buyout,peoria
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More water buyout quotes

August 25, 2005
By Billy Dennis

Here’s the last of the direct quotes. I’m still planning a few more posts on the topic. This whole issue raised some specific issues about the future direction of this council.
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Trigg gets it wrong

August 24, 2005
By Billy Dennis

This is how Peoria’s capital “L” libertarian blogger described the vote to not seek purchase of the system that distributes Peoria’s water:
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I was right: The vote was 6-5

August 24, 2005
By Billy Dennis

Forgive me for the lateness of this post. The council meeting lasted way longer that it should have. If the quality of a democracy is measured in the amount of time we let politicians and the public repeat themselves in front of a microphone, then Peoria has the healthiest damn democracy in Illinois. Jesus,...
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Chamber of Commerce endorses water buyout

August 23, 2005
By Billy Dennis

UPDATE: 4:30 p.m. — Here is a letter (.doc format) from John M. Wood, president of Veolia Water North America. The company is one of the bidders seeking to be named the operator of the city’s water company, should the city buy it. He is disputing the claim by the Illinois American Water Company...
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Water company figures just don’t add up

August 22, 2005
By Billy Dennis

UPDATE 2: 8:20 a.m. Manning says the vote to continue spending money on “due diligence” will fail. He must have inside information. So it looks like some council members will put re-election ahead of reprresenting the best interests of their constituents. UPDATE: 8:10 a.m. Bob Manning is on the Greg Batten/Dan DiOrio show on WMBD,...
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Prediction: The water buyout will pass by 1 vote

August 18, 2005
By Billy Dennis

I’m basing this on Jennifer Davis’ fine article, and my own discussions with council members. Gary Sandberg, Chuck Grayeb, Bob Manning and Clyde Gulley will all vote for in favor of proceeding with the “due diligence” process. Barbara Van Auken will vote in favor of it. The constituents which whom she has spoken are in...
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