The Utility Team at Spesia & Ayers recently completed the closing on the North Maine water and wastewater collection and distribution systems, which were purchased by one of the Firm’s Illinois Public Utility clients. The North Maine systems provide service for 44,000 customers in Cook County, Illinois. Partner Chris Spesia took the lead on the transaction and worked closely with the attorneys for the former municipal owner of the North Maine systems. The multi-million dollar acquisition involved the purchase of all sewer and water collection and distribution infrastructure and the conveyance of various property interests related to the systems. Spesia & Ayers also successfully handled the proceedings before the Illinois Department of Natural Resources to obtain a Lake Michigan water allocation permit for the client.
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