Middlesex Water Authority: No Go for Municipal Water
on Thursday August 25, 2016 08:54AM
At its meeting last night, the Middlesex Water Authority (MWA) announced its decision to terminate negotiations with Synor Hydro and the planned water system. It will be refunding subscriber deposits, including the deposit given by FBYC. The MWA expressed concern that project construction costs could significantly exceed estimates and that ongoing maintenance and service costs would exceeed initial projections by as much as $37 per month per residence; the MWA Board determined that these risks made moving forward imprudent. Instead, it will consider other, as-yet unidentified alternatives. The meeting was well attended, and the crowd extremely disappointed with the announcement. The next meeting is scheduled for September 14, 2016.