O’FALLON, Ill. (AP) – A growing southwestern Illinois bedroom community is considering leasing the city’s water and sewer systems to a private company to generate money for citywide improvements.
Voters in the St. Louis suburb of O’Fallon will consider dueling, non-binding ballot measures on the topic in the April 7 municipal election.
One was written by city officials who support leasing the city-owned water and sewer systems to one of three interested private companies.
The other was crafted by opponents of the city plan and asks voters to also consider a possible sale.
O’Fallon Mayor Gary Graham tells the St. Louis Post-Dispatch that a 40-year lease agreement could generate $50 million for the city of 30,000 and could stave off property tax hikes.
Opponents say a lease would lead to higher utility bills.
@550KTRS #Ofallonwater on WHAT PLANET is O’Fallon govt from that think they are MAKING MONEY on leasing their water/sewer. #LOSING!
O’Fallon Voters Will Decide Water & Sewer Options http://t.co/ihrD3qWXAP
O’Fallon Voters Will Decide Water & Sewer Options http://t.co/uwDvVlET6z