The town is ready to conclude negotiations Virginia American Water (VAW) to sell off the water and wastewater utilities. The town needs their consultant NewGen to prepare a comprehensive agreement for Council’s consideration. This will include the required filings with the State Corporation Commission to approve the sale and establish initial service rates.
Town Council approved a $75,000 increase to the contract. The additional work will include meetint in-person with Town staff, and with the Town Council in public and executive sessions, to present analysis and assist in the evaluation of data and options, and to participate in open townhall style meetings. NewGen is also expected to assist with the development of a PPEA Comprehensive Agreement.