Missoula to pay $96.4 million following acquisition of water sys - ABC FOX Montana Local News, Weather, Sports KTMF | KWYB

Missoula to pay $96.4 million following acquisition of water system

Posted: Updated:

An $83.7 million settlement has been reached by Missoula and Liberty Utilities to transfer the city's water system from Mountain Water Company into Missoula's hands. 

Along with the settlement, the City will make payments to Carlyle for its attorneys' fees and liberty Utilities/park for transitional services. This brings costs up to $96.4 million. 

Additionally, developers who have contracts with Mountain Water will have their contracts assigned to the City and Missoula will extend offers of employment to employees of Mountain Water who haven't committed to become city employees yet.

  • Most Popular

Powered by Frankly


  • More Features
  • Powered by WorldNow
    All content © Copyright 2000 - 2018 Cowles Montana Media. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.