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Council discusses wastewater plant sale via CEDC; questions remain over buyer interest and timing
Summary
Council and staff outlined the planned sale of the borough's wastewater treatment plant through the Columbia Economic Development intermediary, explained the timing of payment at buyer closing, and reported interest from a private operator (JG Environmental) but no binding option or guaranteed purchase.
At the March 3 workshop, Columbia Borough officials reiterated that the planned wastewater treatment plant sale will be handled through a transaction with the Columbia Economic Development intermediary (referred to in discussion as CEDC). Staff explained the mechanics: the borough would first transfer property to the EDC and be paid at the buyer's closing, after which the EDC would turn around and sell to an end buyer.
During public comment resident Sharon asked plainly whether the…
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