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Peoria refers Rose Valley Water franchise to Nov. 3 ballot; company deposits $121,000 to cover election costs
Summary
The council voted 7-0 to adopt a resolution referring a 25-year franchise agreement with Rose Valley Water Company to the Nov. 3, 2026 general election and to appropriate funds deposited by the company (about $121,000) to pay election costs. Staff emphasized the city will not take over rates or ownership.
Peoria City Council voted unanimously April 21 to refer a proposed franchise agreement with Rose Valley Water Company to the Nov. 3, 2026 general election and to appropriate funds deposited by the utility to cover election expenses.
Ben Ganados, the city’s development agreement manager, told council the franchise would formalize Rose Valley’s right to operate within city rights-of-way and require a 2% franchise fee on gross receipts. “Rose Valley has deposited a little over $121,000” to cover estimated election costs, Ganados said.
Ganados described Rose Valley as a…
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