Aqua America Inc.'s Pennsylvania subsidiary, Aqua Pennsylvania Inc., has acquired the assets of the Athens Township Authority in Bradford County for $70,000.
Aqua America, which is based in Bryn Mawr, said the assets include 17,000 feet of transmission main and a 433,000-gallon tank.
Aqua America said that, at the same time, Aqua Pennsylvania signed a bulk-water sales contract with the Chemung County (N.Y.) Industrial Development Agency to provide water to a new commercial pharmaceutical warehouse in Chemung Township, N.Y.
A $1.2 million, 9,650-foot pipeline extension is being installed to carry the water from Athens to Chemung.
Also, Aqua's subsidiary Aqua Resources Inc. signed a 20-year professional-services agreement with CCIDA to run the system in New York.