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Can Nashua Afford Water Company?

By Avishay Artsy on Friday, April 29, 2005.

Residents in Tilton and Northfield have approved the purchase of a private water company that serves their communities.

Officials there argued that if the towns didn't buy the company, a private company could and perhaps raise rates.

The city of Nashua tried a similar course over two years ago.

They offered to purchase Pennichuck Corporation.

The company, though, refused to sell, and Nashua is now in a costly eminent domain battle.

Now the company is hoping that with Nashua's current budget crisis, the city will give up its plan.

NHPR correspondent Avishay Artsy has more.

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