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City council looks at options for expected BASA sale funds

Butler officials continue to meet with financial advisers to discuss options for how the city will spend money gained from the sale of the Butler Area Sewer Authority.

The sale of the authority’s assets to Pennsylvania American Water Company is being reviewed by the Pennsylvania Public Utilities Commission. If approved, Butler would share the $231.5 million profit from the sale with Butler Township.

Butler Mayor Bob Dandoy said at a forum meeting of city council Thursday, Feb. 9, that he and Councilman Don Shearer have met with five financial advisers, and meetings have taken place about once a week for more than a month.

Dandoy said the advisers presented possible ideas for the money, and asked what the city would need assistance with.

“We want to be ready when and if it does happen,” he said.

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