Hingham held an informational forum at town hall Tuesday night with a representative from the board of selectmen and Aquarion Water Company, to discuss the town’s bid for a possible takeover of the company.
About 80 people attended the forum, which began with brief opening statements, followed by a question and answer period.
Aquarion provides water to the towns of Hingham, Hull and North Cohasset.
“It’s all about the money,” Hingham Selectmen Chair Bruce Rabuffo said. “It’s always about the money. There’s $1.5 million that leaves the three towns that goes to the headquarters in Bridgeport, Connecticut for the Aquarion Water Company. That money could go into the three towns every year, to improve the infrastructure.”
However, Aquarion Vice President of Operations John Walsh said the water company has measured plans to upgrade Hingham’s deteriorating infrastructure, and prevent water rates from skyrocketing even further.
“We have long-term plans for all of our infrastructure. We invest in a very measured and prudent manner, because we want to control rates over time. I think we’ve been successful at that. The rates are relatively high because of the treatment plant built by the predecessor company, and we’re very mindful of that. We know folks are sensitive to further rate increases.”
The forum comes on the heels of annual town meeting, and a warrant article requesting $475,000 dollars to pay for litigation, to determine the cost to purchase Aquarion and the water treatment plant.