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City takes ownership of water utility

Regulatory approvals received by White Rock, purchase price yet to be disclosed.
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White Rock's water utility will be owned and operated by the city effective Friday (Oct. 30).

The City of White Rock will take ownership and operation of the city's water utility Oct. 30, it was announced the day before.

A city news release Thursday cited the receipt of regulatory approvals from Fraser Health Authority and the B.C. Comptroller of Water Rights as the "final step" in the city's acquisition of the utility from Epcor.

The cost of the purchase – announced in September – has yet to be disclosed, despite repeated inquiries from residents; city officials said earlier this month they were "bound by confidentiality."