Jul 17, 2012
Allentown Goes Private
UPDATE: The Morning Call apparently felt compelled to issue a statement, and posted their announcement of the pending sale two hours after this post. They quote an unnamed source saying "If this done right, this will solve the pension problems overnight, but we must install proper oversight and control." Allentown has no experience with doing things right, or with oversight and controls. We are in trouble.
UPDATING THE UPDATE: Our local LCA might well be a bidder (or the bidder) for the Allentown systems. The current project through Cedar Park interconnects the systems, and will expand their capacity to deliver treated water to western Lehigh County. If the Lehigh County Authority is in fact the buyer, the consequence of selling this prime Allentown asset would be tolerable. Allentonians could expect responsible stewardship and reasonable fees.
building the water works in 1928, The Morning Call archives