FOR IMMEDIATE RELEASE -- April 14, 2017
Contact: Kevin Kelly (573) 751-9300
PSC Approves Water and Sewer System Asset Sale
The Missouri Public Service Commission has approved an application which authorizes Camden County Public Water Supply District No. 4 (District) to acquire the existing water and sewer assets of Lake Region Water & Sewer Company (Lake Region).
"When evaluating the proposed transaction, the Commission considers if it is detrimental to the public interest," said the Commission. "The Commission finds the proposed transaction is not detrimental to the public interest."
The Commission noted in its order that Lake Region is currently operated and managed by the District. "Since the District currently provides the maintenance, repair and day-to-day operations and management of Lake Region’s facilities, the customers will not experience a reduced level of service or reliability."
Lake Region serves approximately 677 water customers in the Shawnee Bend area and 909 sewer customers in the Shawnee Bend and Horseshoe Bend area in Camden and Miller counties.