Municipal Financial Recovery Advisory Committee Meeting 8.12.25

Municipal Financial Recovery Advisory Committee (MRAC) · August 25, 2025

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Opening and attendance

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Vijay Kapoor, receiver for the city of Chester, opened the MRAC meeting, introduced attendees (Mayor Stefan Routes, Kelly Diaz, Andrew Sheaf, Jacob Polikove) and announced no new public comments had been received since the last meeting.

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Receiver Vijay Kapoor updated the Municipal Financial Recovery Advisory Committee on the city's water-asset monetization RFP, said litigation by the Chester Water Authority is delaying the process and driving legal costs, and announced a 60-day extension of the RFP response deadline to Nov. 3, 2025.

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Transcript

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