Water = Money
Still, some may have noted the PWSA is being forced to raise rates anew to cover capital investment required in the near future. I still wish someone would go and at least do a psuedo audit of their last big borrowing (~$419 million in 2008) to determine how much of that $$ ever made it into capital investments, and how much just went into financing, and refinancing, costs resulting from JP Morgan leaving the PWSA hanging after setting up the whole deal.
But good news in the short term. I pointed out earlier in the year that some sort of refinancing had to happen, and it looks to have worked out for the better. Don't want anyone to say I ignore the good news when it comes.