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Utility Information:

City of Low Moor - Opportunity to Sell Water & Sewer Utility to Iowa American Water.

The council of the city of Low Moor hereby proposes to sell its water and sewer utility to Iowa-American Water Company pursuant to Iowa Code Section 388.2A.  The City of Low Moor Provides the following information: 

Appraisals

The City has received two appraisals from independent appraisers, Utility Valuation Experts and The Dascher Company, Inc.

Utility Valuation Experts Appraisal
The Dascher Company Appraisal

Updated 2024 Appraisals

2024 Utility Valuation Experts Appraisal
2024 The Dascher Company Appraisal



Fair Market Value & Alternatives Considered

   
   

Water FMV & Alternatives
Sewer FMV & Alternatives

Inventory


LM Water Utility Inventory
LM Sewer Utility Inventory

Water Financial Information & Projected Rates


Water Rate Schedule & 5 Yr Budget Projection
Water 5 Previous Yrs Profit & Loss

Sewer Financial Information & Projected Rates

Sewer Rate Schedule & 5 Yr Budget Projection
Sewer 5 Previous Yrs Profit & Loss

Iowa American Water Proposal Information

Water Proposal Information
Sewer Proposal Information


Statement of Net Position

Sewer Net Position
Water Net Position


Notice Mailed to Property Owners and Rate Payers

Mailed Water Notice
Mailed Sewer Notice


    

 



Address


 Address


323 3rd Avenue

Low Moor, IA  52757


Social

 

  

Social


     

Hours

  


  Hours 

 

Most Wednesday's:  5:30pm - 7:30pm

1st Saturday of the month: 9am-11am


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