Common Council has been told by Price Waterhouse Cooper, taxpayers in the city will get better value for their money by going with the public-private partnership or P-3 model to build the water treatment plant on the east side.
Common Council has been told there would be a 10 to 15 per cent savings for ratepayers.
Meantime, former Mayor Ivan Court says the city also has to get some of the big industrial water users to pay their fair share and not the rates they were paying in 1958.
Price Waterhouse Cooper estimates yearly water rates would range from $1,450 to $1,550 by the year 2030 under the P-3 model as opposed to $1,650 to $1,750 a year under the traditional method of funding.
