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Retirees press for transparent water‑asset sale process; receiver says he will not sell to private company

5339489 · July 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Retiree committee filed a bankruptcy complaint over the receiver’s handling of potential sales of the city’s water assets and asked council for a sit‑down. The receiver told council he will not sell the Chester Water Authority to a private company and outlined legal and practical constraints on monetization.

A committee representing Chester retirees told the City Council on July 9 that it filed a complaint in bankruptcy court and is seeking a broader, more open review of potential buyers for the city’s water assets.

Joseph Morris, representing the Official Committee of Retirees, said the committee filed a complaint on June 11, 2025 that raises “serious concerns” about how the receiver is conducting solicitation for the Chester Water Authority (CWA). Morris said the complaint urges that all potential bidders — public, private and municipal — be considered and that a sale process should seek maximum fair‑market value while protecting residents and retirees.

The commi…

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