Mayor Greg Ballard will hold a news conference tomorrow morning with the chief executive officer of Citizens Energy Group, according to a news release issued by the city today.When is the time for public input on this deal? After the deal is cut in the backroom?
Citizens Energy Group, a public charitable trust and local natural gas operator, is among the entities that have been in discussions with the city about a potential merger of Indianapolis' water and sewer utilities.
About two dozen companies, including Citizens, responded last summer to a request for ideas about how to combine the utilities and generate savings that could go towards minimizing rate increases and improving roads, bridges and sidewalks.
The news conference will be at 9 a.m., at the City-County Building.
These long-term privatization deals are never about what privatization is supposed to be about - leveraging market competition to provide quality services cheaply. They are usually about some big fat cat political contributor being granted a monopoly over the provision of a service and the taxpayers suffer the consequences.