Board Approves $32.5M Utilities Transfer to Authority
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Description
The Board approved sale and conveyance of water and wastewater systems to the Massanutten Water and Sewer Authority for $32.5 million, enabling authority's direct financing and operation of local utility assets.
Contract Details
Contract Amount
$32,500,000
Vendor
MASSANUTTEN WATER AND SEWER AUTHORITY
Agency
Rockingham County, VA
Contract Type
OTHER
Document Date
May 27, 2026
Contract Term
To be set by Bond term (matures no later than November 1, 2056)
Renewal Info
One-time capital asset transfer associated with bond financing; not recurring.
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