Tennessee American Water announces plans to buy Signal Mountain's water system
UPDATE (Thursday, March 22):
During a meeting Thursday night, residents heard a proposal from Tennessee American Water to buy the town's water system. They also heard from a group of citizens who think Walden's Ridge Utilities District would be the better option.
PREVIOUSLY (Monday, March 12th):
Tennessee American Water announced Monday that they have submitted a proposal to buy Signal Mountain's water system.
Tennessee American Water president Val Armstrong says the company has supplied water from the Tennessee River to Signal Mountain for 93 years, and that there are significant advantages for the town to accept the company's proposal.
“With Tennessee American Water as an even more engaged partner, the Town will free up funds designated for water infrastructure and reinvest them in other community priorities,” says Armstrong. “The Town will also gain a new taxpayer that will provide even more support for community-based initiatives.”
Whitwell Mayor Linda Hooper said, “Tennessee American Water is a great community partner and provides excellent customer service. The majority of our workers are former City employees and they know our system and our needs. Our water company employees not only work here, but they live here and take great pride in providing excellent service.”
Depend on us to keep you posted.