The aging distribution infrastructure always had me very concerned.
@S.A.Shepler
Do you think Illinois American is going to upgrade the infrastructure in a manner that best protects and enhances property values and water quality? Illinois American approached our neighborhood with 'improvements'. Those 'improvements' did a great job of protecting Illinois American's bottom line, while depreciating the usability of our property and putting us at risk for significant future expenses that do not exist now. We turned them down and made clear that future improvements needed to protect property owners interests as well.
In light of this experience, I have 180'd on the water buyout. The City and property owners have a common interest in protecting home values, which Illinois American does not share.
It is also my opinion that the costs for infrastructure will be so substantial and ongoing in nature, that it will act as a curb against inflating costs to fund 'good ole boy' pet projects.
I think the city should proceed with due diligence.