A public hearing will be held later this month before the Missoula City Council on a proposed ordinance that would give Mayor John Engen authority to open negotiations with The Carlyle Group to purchase Mountain Water Company.
Carlyle, a global alternative asset manager, purchased Mountain Water about two years ago, with the stipulation the city of Missoula would get the first shot at buying the utility if it ever went up for sale.
In this feature interview with Edward O'Brien, Engen explains why he thinks it's important to pursue this discussion - and why now.