Newspaper article The Record (Bergen County, NJ)

Saddle River Considers Leasing Well to Utility

Newspaper article The Record (Bergen County, NJ)

Saddle River Considers Leasing Well to Utility

Article excerpt

SADDLE RIVER -- Borough officials are exploring the possible lease of a well to Suez Water in hopes of bringing revenue to the town, but some have reservations about the prospect.

Mayor Al Kurpis said the high-capacity well, located in Rindlaub Park, is not actively used. Looking for ways to bring in revenue, he wants to see if it is feasible to lease the well on a short-term or intermediate basis.

Suez spokeswoman Billie Gallo said Tuesday that the borough approached the company about the possibility and that it's an exploratory idea at this point. She said Suez does not lease wells in any other municipalities and further investigation - which is not planned - would be needed to determine what benefits, if any, there would be for the water utility company. …

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