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The sale will now move to the state s Public Utility Commission (PUC) for final approval. A decision from the PUC is expected later this year or early 2022. 
With the sale, PA-American will not increase rates for York residents for the first three years and will retain all of the current staff. In addition, a $20 million deposit will be given to the city to help balance the 2021 budget. PA-American Water has also announced it will contribute at least $50,000 to nonprofit organizations throughout the city. 
With this agreement, York’s future is bright – free from the debt and financial pain that have held us back for so long,” Mayor Michael Helfrich said in a statement. “This is a new day for York, one filled with an unwavering optimism as our residents and businesses can finally breathe a sigh of relief for the first time in decades.” ....

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