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A consultant talked up the benefits of buying water from Evanston at a Park Ridge City Council meeting Monday night.

The Chicago Tribune reports that attorney Robert Hamilton of the civil engineering firm Gewalt Hamilton Associates told aldermen that Park Ridge could save $125 million over 30 years buying water from Evanston rather than continuing to get its water from Chicago.

Park Ridge is considering cooperating with Niles and Morton Grove to build a joint supply line from Evanston.

Evanston officials believe they can substantially undercut Chicago’s rates while still making a profit for Evanston.

The consultants are to make similar presentations to the village boards in Niles and Morton Grove later this month.

The high cost of laying the new water line — estimated at $200 million or more — is the main deterrent to moving forward with the plan.

Bill Smith is the editor and publisher of Evanston Now.

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1 Comment

  1. How much did we pay this consultant?
    The last presentation on water sales at the council was truely a JOKE. Wally stated he would get a 10% return on his investment. One scheme has them increasing the plant capacity about 30%, and getting the maximum number of new customers, the cost of this is approaching 1 billion dollars. The borrowing cost for this is around $72 million. Right now we get about $10 million from our non Evanston customers. We Evanston residents pay about $6 milllion for about 20% of the water ( see a problem?)
    How does Wally think he is going to get this to break even? This just does not work. Ofcourse what they presented at council made no sense, they were talking the so called saving customers were get from Chicago versus any real analysis of the operation. There is a reason there are no takers, city has no idea what it is doing.
    The director of utilities claimed the current plant is valued at $200 million – using wally’s 10% return rule- thats 20 million adding another 10 million in operating – we are at $30 million we are currently making $15 million – with Evanston residents paying $6,2 of that for 20% of the water. Anyone see a problem?

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