Tag Archives: award

Water Treatment Plants are Award Winning, Again!

Congratulations to staff from Vest, Franklin and Lee Dukes Water Treatment Plants for receiving the North Carolina Area Wide Optimization Program Certificate for 2017.  The AWOP certificate was created in 2000 through a joint program between the EPA and states to help drinking water systems meet successively more stringent regulations and achieve higher levels of drinking water quality.

Vest Water Treatment Plant – 10 Years; Pictured left from right John Huber, Mark Hahn from NCDENR, Steve Clift, Gabe Sasser, and Angela Lee

Franklin Water Treatment Plant – 9 Years; Pictured from left to right: John Huber, Mark Hahn from NCDENR, Terry Crowe, Gabe Sasser, and Angela Lee

Lee Dukes Water Treatment Plant – 13 Years; Pictured From Left to Right: John Huber, Mark Hahn from NCDENR, Dave Banick, Gabe Sasser and Angela Lee

AAA Rating From Fitch Group

On Wednesday, August 3, 2017, Fitch Group affirmed Charlotte Water’s Bond Rating at AAA with a Stable Outlook. This reinforces the City’s ongoing commitment to providing high quality water and wastewater services at affordable rates.

When reviewing Charlotte Water’s finances and operations, several items were cited by Fitch as critical factors contributing to the stability of the utility, including efforts the utility makes to:

  • Maintain affordable rates.
  • Follow long-term financial and regional water supply plans.
  • Implement ongoing capital investments to accommodate new growth and rehabilitation of existing infrastructure.
  • Support the city’s role as a regional economic center for trade, transportation, health care, financial services and other industries.

Departure from existing financial planning was identified by Fitch as the only notable factor that could threaten the utility’s rating in the future.