Hingham: Selectmen vote to place Aquarion acquisition article on Town Meeting Warrant

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Hingham selectmen voted Thursday night to place a controversial article on the town meeting warrant, which would determine if the town could take over the town’s water provider, Aquarion Water.

Selectmen Laura Burns and Bruce Rabuffo voted to place the article on the warrant, while Selectman John Riley recused himself due to his dealings with Aquarion.

Bruce Rabuffo cited a list of reasons why the article should move forward, such as increased water rates and service issues. The article would appropriate $500,000 to study the feasibility of acquiring the Aquarion Water Company.

Selectman Laura Burns says the word on the street is that people support the article.

“People on the street have told me they want us to look into it. They definitely would like another look at this, based all of the reasons Selectman Rabuffo laid out. So, whether or not town meeting has a half a million dollars worth of interest in it, we’ll find out”, Burns said.

Aquarion Vice President Harry Hibbard reacted by saying $500,000 could be put to better use, than to determine if Hingham should proceed with what he calls, a hostile takeover.

Hibbard said, “Aren’t there more important things to do with that level of tax dollars than to pay all these consultants, appraisers, investment bankers and lawyers, to study the hostile takeover of a well-run water company?”

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