FOR IMMEDIATE RELEASE -- April 05, 2018
Contact: Kevin Kelly (573) 751-9300
PSC Approves Agreement Authorizing the Sale
of Water and Sewer System Assets
JEFFERSON CITY---The Missouri Public Service Commission has approved an agreement which authorizes Liberty Utilities (Missouri Water) LLC d/b/a Liberty Utilities to acquire the franchise and operating assets of six water and sewer companies that are wholly-owned subsidiaries of Ozark International, Inc. (Ozark International).
The six water and sewer companies are: Bilyeu Ridge Water Company, LLC, Midland Water Company, Inc., Moore Bend Water Utility, LLC, Riverfork Water Company, Taney County Water, LLC, and Valley Woods Utility. All of these companies operate water systems. Valley Woods Utility also operates a sewer system.
The agreement submitted for Commission consideration was filed by Liberty Utilities, Ozark International, Inc., the Staff of the Missouri Public Service Commission, the Office of the Public Counsel and the Missouri Department of Natural Resources. The Office of the Public Counsel is a separate state agency that represents the general public in matters before the Public Service Commission.
Under the agreement, Liberty Utilities will continue to charge water and sewer customers of Ozark International rates that Ozark International is currently charging its customers for service.
“After reviewing the stipulation and agreement, the Commission independently finds and concludes that the stipulation and agreement is a reasonable resolution of the issues addressed by the stipulation and agreement and that such stipulation and agreement should be approved,” said the Commission.
Bilyeu Ridge Water Company, LLC, Midland Water Company, Inc., Moore Bend Water Utility, LLC, Riverfork Water Company, Taney County Water, LLC and Valley Woods Utility serve approximately 965 customers in the Missouri counties of Christian, Stone and Taney.