YOUNGSTOWN, Ohio (WKBN) – Aqua Ohio is interested in purchasing the City of Youngstown’s water distribution system.
Friday, the company delivered a letter of interest to Youngstown Mayor John McNally.
Aqua Ohio said the water system is worth at least $50 million. It is Ohio’s largest regulated drinking water and wastewater utility, serving more than 500,000 people in 19 counties.
“We see the challenges facing the city and believe we can offer an attractive solution,” said Aqua Ohio President Ed Kolodziej. “We hope that this letter begins a dialogue that provides both the current and incoming administrations with a new option to address the city’s important priorities.”
Aqua believes its proposal will address needs for infrastructure investment and environmental compliance. Aqua Ohio said water customers can find more information about the proposal at www.WaterForOhio.com.
McNally said the decision will be up to the new mayor-elect Tito Brown.
Youngstown has over 750 miles of pipe across the city and some of the surrounding areas.
Beyond the initial purchase — if it goes through — Aqua believes 5 to 7 million dollars will be spent yearly on replacing pipes.