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MarketScreener Homepage  >  Equities  >  Nyse  >  Aqua America Inc    WTR

AQUA AMERICA INC

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Delayed Quote. Delayed Nyse - 03/22 04:02:41 pm
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Aqua America : Green planning to open Dog Park in 2019

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01/11/2019 | 07:35am EDT

GREEN Dogs in the city of Green will have their own park starting in the spring.

The city is in the process of constructing a roughly two-acre park near Ariss Park. The vision of a dog park is one that has been worked on for a while and several planning meetings have taken place.

An additional gravel parking lot will be constructed with a brick paver walkway into the dog park.

Plans call for the park to be divided into two areas, one for small dogs and one for larger dogs. The small dog area is defined as dogs less than 30 pounds. The areas will be fenced in and there will be not be any 90-degree angled corners for dogs to get trapped in. Crushed limestone will be along the fence to provide a buffer.

The park will include benches and there will be shaded areas.

City of Green Service Director Valerie Wax Carr said the city has been in talks with Aqua Ohio about having it run a water line to the park. There will be fountains on each side, which will have a spigot at the ground for dogs and one higher up for humans.

Wax Carr said Aqua Ohio may bring the line in and provide water for free, but it hasn't confirmed that yet. She said very little water use will be generated from the park and the hope is to get a fire hydrant.

Discussions are ongoing about what type of equipment to have in the park for dogs. There are a number of different vendors which provide agility equipment for dogs, but it is costly, Waxx Carr said. The city is hoping sponsors will come forward to sponsor different equipment and that volunteer groups in the city could help assemble it.

City of Green Communications Coordinator Valerie Wolford said when people are engaged, they tend to take better care of something. She is hoping the park will help dog owners engage with each other and create a sense of community.

Wolford said Serra Subaru is trying to be more community involved and may contribute in some way to the new park.

A grand opening celebration is planned for Arbor Day, April 26. The city plans to plant some sort of tree outside of the park and is hoping to have the grand opening celebration continue into April 27. The city is looking for vendors and rescue groups to come to Green that Saturday and to be setup outside the park.

Another dog park planning meeting is scheduled for 7 p.m.Jan. 9 at the Central Administration Building.

© Copyright 2019 The Suburbanite. All Rights Reserved., source Newspapers

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Financials ($)
Sales 2019 895 M
EBIT 2019 376 M
Net income 2019 266 M
Debt 2019 2 637 M
Yield 2019 2,48%
P/E ratio 2019 25,04
P/E ratio 2020 23,65
EV / Sales 2019 10,3x
EV / Sales 2020 10,6x
Capitalization 6 613 M
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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 39,3 $
Spread / Average Target 5,9%
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Managers
NameTitle
Christopher H. Franklin Chairman, President & Chief Executive Officer
Richard S. Fox Chief Operating Officer & EVP-Regulated Operations
Dan J. Schuller Chief Financial Officer & Executive Vice President
Whitney S. Kellett Chief Information Officer
William P. Hankowsky Independent Director
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