Clock Ticking To Zero on Proposed Sale of PGW

CBS Philly

By Mike Dunn

PHILADELPHIA (CBS) — Today brought another nail in the coffin of Mayor Nutter’s proposed deal to sell the Philadelphia Gas Works, with further inaction by City Council and a statement from the anointed buyer saying that it will not continue working to keep the deal alive.

Today’s City Council meeting was the final chance for any lawmaker to introduce the required legislation in order for a vote to happen by year’s end, when the PGW sale agreement expires.

Speculation had been rampant that one or two councilmembers were considering going against the wishes of Council president Darrell Clarke and introducing the measure but, as of today, none did so.

This means that unless Clarke adds an additional City Council meeting to the calendar in December, or unless the buyer (UIL Holdings of Connecticut) and the Nutter administration decide to extend the deal into next year — both…

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