updated: 4/24/2014 7:38:33 AM

Board OKs Aqua Indiana Deal

InsideINdianaBusiness.com Report

The proposal by Fort Wayne to acquire Aqua Indiana's operations on the city's southwest side has been approved by the board of public works. The $67 million deal now heads to a city council public hearing early next month.

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The full council could take a final vote on the proposal May 13.

The Journal Gazette in Fort Wayne says the deal also includes nearly $17 million paid by the city for the 2008 purchase of the water and sewer systems on the north side.

Sources: The City of Fort Wayne, The Journal Gazette

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