Claremont should buy water company’s local assets
“The time is right for the city of Claremont to buy out the private company that sells residents their water.
City leaders appear determined to acquire the Claremont assets of Golden State Water Co. even if it requires the use of eminent domain. That would be a costly, risky and unpleasant way to acquire Golden State’s infrastructure and water rights in the city, to be used only as a last resort. It would be better for all concerned – Claremont residents and Golden State shareholders – if City Hall and Golden State were able to reach agreement on a price and to execute a “friendly” sale. So far, Golden State has said it has no intention of selling.”
Inland Daily Bulletin 10 April 2013.