Authority may sack ‘city veto’ provision to go outside PTC limits
The Peachtree City Water and Sewer Authority voted Monday to refinance its bonds to save money for ratepayers.
While the move would save as much as $1.3 million, it also puts the WASA board in a position to potentially abandon an agreement with the city that effectively gives the city council a veto power over any extension of the sewer system beyond the city limits.
There are no pending proposals to extend sewer service outside of the city, and the prospects for doing so aren’t promising, said WASA General Manager Stephen Hogan. Read More»