Global Water Resources Partners with Town of Sahuarita to Support Regional Growth with Integrated Water Utility Solutions
26 Abril 2022 - 08:15PM
Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a
pure-play water resource management company, has entered a
public-private partnership with the Town of Sahuarita, Arizona.
Located in Pima County just south of Tucson, Sahuarita currently
encompasses 30 square miles and is home to over 34,000 residents.
According to a memorandum of understanding approved by the town
at yesterday’s town council meeting, Global Water has committed to
supporting the town’s growth and long-term development through
providing regional water infrastructure, strategic planning and
water utility expertise. This includes Global Water’s planned
acquisition of Farmers Water Co. as well as supporting the town’s
planning areas in partnership with the town.
The partnership was modeled after other successful Global Water
municipal partnerships, including those with the City of Maricopa,
City of Coolidge and City of Casa Grande, where the company has
effectively supported regional growth and development.
“We believe this public/private partnership will serve the
interests of our residents well into the future,” said Sahuarita
Mayor Tom Murphy. “Water is a precious resource, especially in our
region, and partnering with Global represents a move toward
protecting Sahuarita’s future.”
The Sahuarita East Conceptual Area Plan (SECAP) area, located
adjacent to the town, represents a strategically important future
growth corridor for the community. The SECAP area totals 47 square
miles and is estimated to support 50,000 additional homes at full
build out. Global Water will provide system capacity and
infrastructure necessary to attract and retain economic development
opportunities while facilitating the anticipated growth in the
common planning areas.
Sahuarita and Global Water will explore potential financings,
including state and federal grant options, to fund utility
infrastructure projects within the town or municipal planning areas
like SECAP. These projects would include enabling new industrial
and commercial development.
The town is supportive of Global Water’s Total Water Management
approach to water conservation through regional planning, and where
possible, integration and coordination of water services. As part
of its initiatives for the town, Global Water plans to upgrade
connections from manually read meters to smart meters.
Global Water’s smart meters enable remote monitoring, which
supports greater operational efficiencies as well as real-time
automated notifications when water usage is high or close to preset
limits. Automated alerts not only help to conserve water but also
help customers save on their monthly water bill.
Global Water president and CEO, Ron Fleming, commented: “We look
forward to working with the forward-thinking leadership of
Sahuarita to implement effective water resource conservation
planning, with this helping to prepare the town for further
economic growth and development. This includes strengthening
Sahuarita’s water sustainability practices in a way that promotes
greater water efficiency, resource protection and watershed
protection for the benefit of its residents and businesses.”
Global Water has developed a strong regional presence with
residential connections in and around the Town of Sahuarita,
including the recently acquired service areas of Las Quintas
Serenas, Francesca, Mirabell and Red Rock utilities. Large portions
of Las Quintas Serenas and Red Rock’s Pima County systems are
located within Sahuarita or SECAP. These areas also fall within the
Arizona Sun Corridor, a megaregion that is expected to double in
population by 2040.
Global Water recently announced it signed a definitive agreement
to acquire Farmers Water, a subsidiary of Farmers Investment Co.
(FICO) that provides water services to residents located in a
portion of Sahuarita and in unincorporated Pima County, Arizona.
Farmers Water services about 3,300 customers, with a service area
covering about 20 square miles located along the Interstate 19
growth corridor in Pima County, and adjacent to SECAP.
“A partnership with Global Water is a good fit,” said Sahuarita
Town Manager Shane Dille. “Providing outstanding service to our
residents while securing the future of SECAP is key. I’m confident
that Global’s strong local presence and expertise can help us
realize our long-term goals.” Dille noted that the company’s
reputation for community involvement pairs well with Sahuarita’s
collaborative intent.
As part of its partnership with the town, Global Water plans to
host an annual Sahuarita event focused on customer education, as
well as support other events and community charitable
causes.About Global Water ResourcesGlobal Water
Resources, Inc. is a leading water resource management company that
owns and operates 25 systems which provide water, wastewater, and
recycled water services. The company’s service areas are located
primarily in growth corridors around metropolitan Phoenix. Global
Water recycles over 1 billion gallons of water annually.
The company has been recognized for its highly effective
implementation of Total Water Management (TWM). TWM is an
integrated approach to managing the entire water cycle that
involves owning and operating water, wastewater and recycled water
utilities within the same geographic area in order to maximize the
beneficial use of recycled water. It enables smart water management
programs such as remote metering infrastructure and other advanced
technologies, rate designs, and incentives that result in real
conservation. TWM helps protect water supplies in water-scarce
areas experiencing population growth. To learn more, visit
www.gwresources.com.
Town of Sahuarita Contact:Mark
FebboCommunications CoordinatorTel (520) 822-8825Email Contact
Global Water Contact:Michael Liebman CFO and
SVPTel (480) 999-5104Email Contact
Global Water’s Investor Relations Contact:Ron
Both or Justin LumleyCMA Investor RelationsTel (949) 432-7566Email
contact
Global Water’s Media & ESG Contact:Tim
RandallCMA Media RelationsTel (949) 432-7572Email Contact
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