City of White Rock finally closes water utility purchase deal

The City of White Rock has negotiated a final price for the city's water utility, which it purchased from private provider EPCORtwo years ago.

Today the city said that it would receive a $600,000 reimbursementfrom theEdmonton-based company, making the final purchase price $13.4 million.

White Rock bought the water utility fromEPCOROct. 30, 2015, with an advancepayment of $14 million.

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White Rock has been plagued with numerous water issues over the years, includinghigh levels ofnaturally occurring manganeseand arsenic, turbidityand E.colicontamination.

Ina news release, the city says residents have been saving on their water billssince it took over the utility.