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City Council voted 5-0 to hire PFM for a preliminary financial analysis and limited valuation of the city’s sanitary sewer system, including the feasibility and effects of a potential sale. The vote does not authorize a sale; PFM would be paid only if ownership is transferred. Council also advanced a cable franchise agreement with Verizon on a unanimous first-reading vote.
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The city will now obtain an outside analysis of what its sewer system may be worth and what a potential sale could mean. No decision to sell the system was made at this meeting. Officials also reported that a 10-foot sewer section on Horton Street was being replaced, with paving expected in April, and said separating two major combined sewer lines near the courthouse would cost more than $30 million.
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