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ENR > Environment > Akron Looks at Selling Sewers To Fund Scholarships - ENR | McGraw-Hill Construction

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Akron Looks at Selling Sewers To Fund Scholarships - ENR | McGraw-Hill Construction

Publication Date: 13-FEB-08
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Description
Akron, Ohio, is looking to cash in on growing interest among investors in public infrastructure. City officials are exploring the possible sale or lease of Akron’s sewer and wastewater treatment system to a private entity. Akron Mayor Don Plusquellic (D) says the city would look to capitalize on the emerging trend among municipalities to securitize public assets, pointing to Chicago’s $1.8-billion, 99-year lease of the Chicago Skyway to private investors.

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