November 17, 2024 3:57 am
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Arizona utility regulators concerned with Surprise water deal plans


By Ryan Randazzo and Carrie Watters | The Republic

State regulators are concerned that the possible sale of Circle City Water Co. to the city of Surprise could leave a developer that owns 5,000 acres of land near Lake Pleasant without a guaranteed water supply.

Surprise is conducting a special election that ends Tuesday for voters to decide if the city should take over the small water company with 187 customers. If voters approve, the City Council will negotiate the deal.

The developer, Lake Pleasant 5000 LLC, owns undeveloped land that is within the Circle City water territory but is two to three miles outside the city of Surprise.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.