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Next presentations: "2024 Cybersecurity Sprint" and "I've Had the Prime of My Life"
October 24, 2024 | Iowa Section AWWA Annual Conference | Coralville, Iowa
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October 24, 2024 | Iowa Section AWWA Annual Conference | Coralville, Iowa
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News about the water and wastewater industries, with a special focus on Iowa and Nebraska
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D.J. Gongol and Associates, Inc.
PO Box 180
4328 North Dawson
Cumming, IA 50061
515-223-4144
402-965-1306 text
515-981-0581 fax
www.gongol.net
info@gongol.net
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Xenia board hopes to sell out
May 14, 2010
The Fort Dodge Messenger reports that the board of the Xenia Rural Water District wants to sell the system to the Des Moines Water Works for $110.5 million. The district has a large amount of debt and is trying to raise rates to keep up. It's also trying to renegotiate some of its debt to smooth the way for a sale to DMWW. Almost 90% of the system was constructed using long-term debt financing.
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last revised May 2010
DJ Gongol & Associates, Inc.
4328 North Dawson Avenue | PO Box 180 | Cumming, IA 50061
515-223-4144 | 402-965-1306 text | 515-981-0581 fax
info@gongol.net