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Paradise Valley, Scottsdale officials play waiting game on water company sale

By
Real Estate Agent with Russ Lyon | Sotheby's International Realty

The recent sale of a water company that serves parts of Paradise Valley and Scottsdale has left area officials waiting to see how the acquisition unfolds.

Last week, Edmonton, Alberta-based Epcor Water Services Inc. agreed to buy Arizona American Water for $470 million.

The company's Paradise Valley Water District serves about 3,500 customers in Paradise Valley and 1,500 in Scottsdale.

Paradise Valley Town Councilwoman Pam Kirby, who chairs of the town's Water Utility Committee, said the sale has yet to unfold.

Read more: http://www.azcentral.com/community/nephoenix/articles/2011/02/02/20110202paradise-valley-scottsdale-waiting-game-water-company-sale.html#ixzz1CwpnAYqs

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