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The City of Eagle’s lawsuit challenging the sale of Eagle Water Company’s assets to SUEZ has been resolved through mediation. A major component of the resolution is an innovative Water Management Agreement between the City and SUEZ, whose application to obtain Eagle Water Company assets has been on hold before the PUC pending the City’s lawsuit. The agreement allows the PUC’s review to go forward.
“The Agreement protects residents’ long-term interests,” Eagle Mayor Jason Pierce said. “Going into the mediation of the lawsuit, I really wanted the City of Eagle to own Eagle Water Company. But after doing our due diligence, we realized that this solution is the best for all of the residents of Eagle.”
The Water Management Agreement will:
“This is a win for everyone involved, but especially Eagle Water Company customers who will be able to enjoy a sustainable, modernized water system that will continue to deliver high-quality water for many years to come,” SUEZ General Manager Marshall Thompson said. “We have come together to cooperate on the best way to serve Eagle residents now and in the future.”
If the acquisition is approved by the PUC, customers will benefit from several system improvements and upgrades, including:
The Eagle Water Company currently serves 4,200 customers in the City of Eagle, while the City’s municipal water department serves over 2,900 customers within Eagle and the adjoining areas. SUEZ presently serves 98,000 customers across the Treasure Valley, including 3,200 in Eagle.