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Prestonsburg

By wmadministrator

The Kentucky Public Service Commission has approved the city of Prestonsburg’s purchase of the Auxier Water Co., which serves about 1,100 customers in Floyd and Johnson counties. Auxier, which has a service territory adjacent to Prestonsburg’s, is a water distribution system only and purchases its treated water from Prestonsburg. Prestonsburg is paying $2.65 million for Auxier and is financing the purchase with a 20-year low-interest loan from the Kentucky Infrastructure Authority.