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OCTOBER 2019 FINANCE MEETING DATE & TIME CHANGE   ADVERTISEMENT   DELAWARE COUNTY REGIONAL WATER QUALITY CONTROL AUTHORITY 100 EAST FIFTH STREET POST OFFICE BOX 999 CHESTER, PENNSYLVANIA 19016-0999   NOTICE OF CHANGE OF MEETING DATE & TIME   Notice is hereby given that DELCORA’s Finance Committee Meeting previously scheduled to be held on Monday, October 7, 2019 at 3:30 PM, has been changed to WEDNESDAY, OCTOBER 9, 2019 following the Human Resources & Administration and the Strategic Planning & Goals Committee meetings at 3:30 PM at 100 East Fifth Street, Chester, PA.

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FOR IMMEDIATE RELEASE Contact: Andy Stettler/Jay Devine 215-568-2525 (o) Stettler 610-657-3805 (m)   DELCORA Board Approves Aqua Pennsylvania Wastewater Asset Purchase Agreement Agreement Offers $1,400 in Average Savings to Retail Ratepayers   CHESTER, PA (September 17, 2019) – The Delaware County Regional Water Quality Control Authority (DELCORA) announced today that its board of directors voted unanimously to approve the execution of an asset purchase agreement (APA) with Aqua Pennsylvania Wastewater, Inc. and proceed with the proposed merger, pending Pennsylvania Public Utility Commission approval. The purchase price is $276.5 million which will be used to pay off outstanding debt and reinvested in a rate stabilization plan. The agreement comes after an exhaustive, consultative process which involved over 20 meetings with employees, municipal officials and the Delaware County Council as well as two public meetings with customers. The merger is grounded on a rate stabilization plan that would be used to offset customer bill increases. The rate stabilization plan, announced at a public meeting on September 11, is expected to save an average retail customer $1,400 and will help to offset almost $1.2 billion in new and ongoing capital costs to meet soon to be enforced U.S. Environmental Protection Agency Long-Term Control…

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  FOR IMMEDIATE RELEASE Contact: Andy Stettler/Jay Devine                 215-568-2525 (o)                 Stettler 610-657-3805 (m)   DELCORA Explores Merger to Benefit Ratepayers Signs Letter of Intent with Aqua Pennsylvania Wastewater   CHESTER, PA (July 16, 2019) – The Delaware County Regional Water Quality Control Authority (DELCORA) announced today that its board of directors voted unanimously to enter into a non-binding letter of intent to explore the possibility of merging DELCORA with Aqua Pennsylvania Wastewater. The letter allows both organizations to share information and conduct due diligence to determine the feasibility of a merger. The decision to explore this option comes as DELCORA faces significant capital costs to comply with an Environmental Protection Agency Consent Order and Agreement in Philadelphia and a Consent Decree in Chester. The consent decree mandates that municipal wastewater authorities take steps to manage combined sewer systems including building new or replacing existing infrastructure. As these mandates are unfunded, municipal authorities typically must increase rates to pay for the new capital costs. For more information, go to https://bit.ly/2Y7kPzB “For almost 50 years DELCORA has always put the interests of our customers and ratepayers…

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