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County to study potential acquisition of Boynton Beach water utility; staff outlines phased due diligence
Summary
County water utility staff presented a four‑phase plan for exploring acquisition of the City of Boynton Beach utility (serving ~125,000 customers), estimated initial feasibility work at about $50,000 and 30–60 days for an initial financial review, and requested direction to proceed with phase‑1 due diligence.
Palm Beach County water utility staff briefed commissioners on a preliminary plan to evaluate a possible purchase of the City of Boynton Beach water utility. The county presented an outline of four phases — initial financial feasibility, legal outreach and valuation, engineering and operational due diligence, and final negotiations/closing — and…
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