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Crossville to consider nonbinding talks with Cumberland Plateau Water Authority to explore system transfer
Summary
The Crossville City Council heard a CPWA presentation and legal briefing on a proposed Resolution No. 1 that would authorize nonbinding negotiations with the Cumberland Plateau Water Authority to explore transfer or merger options for the city water system; counsel warned certain arrangements could trigger a voter referendum with tight timing and potential costs.
The Crossville City Council heard a presentation from Jeff Dyer, general manager of the Cumberland Plateau Water Authority (CPWA), on a proposed Resolution No. 1 that would allow the city to begin formal, nonbinding negotiations about a possible sale, transfer or merger of water system assets.
Dyer said CPWA exists "to ensure long term water supply security for our region" and described the authority as a regional option that can reduce duplication, lower long-term operating costs and improve buying power. He gave a snapshot of CPWA’s current finances and scale, saying the authority serves about 17,171 customers, shows roughly $9.2 million in annual income and about $7.1 million in annual expenses, and lists about $46 million in assets with no debt, according to the figures he presented.
Dyer said Resolution No. 1 would not approve a sale or transfer; rather, it would allow Crossville to "begin formal…
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