Indiana Utility Regulatory Commission
302 West Washington Street, Room 306
Indianapolis Indiana 46204
Today the Indiana Utility Regulatory Commission appointed the City of Woodburn as the receiver for Havenwood Utilities, Inc.
In Cause No. 41542, the Commissioners agree that it is in the best interest of the public. At a hearing October 29, 2001 at the Commission, in Indianapolis, the city of Woodburn also suggested it was interested in buying the troubled utility. Because the matter of valuation is still undecided, and because it is important to place control of the utility in the hands of an entity willing to take the steps necessary to correct existing problems, the Commission finds that the appointment of a receiver is the best course of action to take at this time. Once the issue of valuation has been determined, an appropriate order can be issued regarding the sale of the utility.
The Havenwood Utilities, Inc. has been cited for the poor physical condition of its plant, as well as poor water pressure and water quality. The utility’s wastewater treatment plant was also found to be unacceptable.
Havenwood also has a history of failure to comply with orders and regulations handed down by the Indiana Department of Environmental Management and the IURC.
The company serves nearly 100 residents in Allen County, Indiana.