Owego trustees tabled a decision Monday on an agreement to sell its treated water to a natural gas drilling company.
Inflection Energy wants to purchase 200,000 gallons of the treated water every day from the village’s wastewater treatment plant at a cost of 5 cents per gallon. The agreement could be worth up to $36.5 million over the next 10 years.
Trustees tabled a decision to investigate questions raised from residents about the increased truck traffic and that the treated water could be used for hydrofracking.
The board is expected to vote on the agreement at their Dec. 20 meeting.
Mayor Ed Arrington says the revenues from the deal could be used instead of taxes to lower sewer rates and replace aging infrastructure.
Copies of a powerpoint presentation on the issue are available online at www.villageofowego.com.
