The Borough of Conshohocken has received three bids in response to the potential sale of its sewer systems. The three bidders are Aqua, Pennsylvania American Water, and Bucks County Water & Sewer Authority.
The Board of Directors of the Conshohocken Sewer Authority made a statement via its website about the potential sale. From the statement:
Conshohocken Borough Council has assured the Authority’s Board of Directors that its Council Members, Borough management and staff take this matter very seriously and will exercise their due diligence in thoroughly reviewing all aspects of a potential sewer system sale. Council members and Borough management will spend the next few months reviewing and analyzing data. These steps will help aid the Council in determining the value of the Authority’s sewer system and determining whether or not a potential sale will benefit Conshohocken Borough and its constituents. The Council has shared that a final decision on the sale could be made as soon as May 2021.
Conshohocken’s Borough Council voted on February 17th to adopt Ordinance 02-2021 that requires the Borough of Conshohocken Authority to
convey the Sewer Authority System to the Borough of Conshohocken. This is a formal legal step that is needed to consider selling the system.
Borough Council has stated that it is considering a sale of the system to fund an infrastructure plan first presented in 2018. If the sale of the sewer system isn’t undertaken, it would likely result in a tax increase to pay for the needed road repairs, etc.