Public hearing urged on PGW sale

The Philadelphia Gas Works office in the 1100 block of Chestnut Street, Center City.
The Philadelphia Gas Works office in the 1100 block of Chestnut Street, Center City. (Reid Kanaley / Staff)
Posted: May 21, 2014

The Committee of Seventy on Monday urged Philadelphia City Council to schedule a public hearing on the proposed $1.86 billion sale of Philadelphia Gas Works to UIL Holdings Corp. before Council's summer recess begins next month.

The nonpartisan group noted that the Connecticut company can back out of the deal if council does not take action by July 15. Council is currently awaiting a consultant's report on the proposed sale.

"Beginning the hearings before Council completes the city's budget process and leaves for summer recess diminishes the perception that Council may be trying to kill the deal by inaction," Ellen Mattleman Kaplan, the group's policy director, said in a statement.

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