Other Events.

Acquisition

On December 22, 2016 the Pennsylvania Public Utility Commission (PUC) approved the Company’s agreement to purchase the wastewater collection system assets of West York Borough in York County, Pennsylvania. This acquisition will more than triple the size of the Company’s wastewater customer base. The Company expects to begin serving approximately 1,700 new wastewater customers in the first quarter of 2017.

Consent Order

As part of its accelerated lead service line replacement program, on December 23, 2016 the Company entered into a Consent Order and Agreement (COA) with the Pennsylvania Department of Environmental Protection (DEP). The COA relates to a previously disclosed plan to accelerate replacement of company-owned lead service lines, and the attached customer-owned lead service lines throughout York’s distribution system. York sought and obtained the COA so that it can efficiently attain its goal of replacing all company-owned lead service lines and providing other customer assistance on an accelerated basis. As indicated in the previously disclosed news release, York Water is working towards a goal of replacing all of the company-owned and the attached customer-owned lead services within 4 years at no charge to the customer; providing the affected customers with a monthly 200 gallon flushing credit until their service is replaced; and offering free water testing for the affected customers. Portions of the accelerated lead service line replacement program, such as the replacement of the attached customer-owned lead service lines, are contingent upon the approval of the PUC. The Company has filed a petition with the PUC for approval of those portions of this accelerated replacement program.

THE YORK WATER COMPANY

About THE YORK WATER COMPANY (NASDAQ:YORW)

The York Water Company is an investor-owned water utility. The Company impounds, purifies and distributes water. The Company owns and operates approximately two wastewater collection and treatment systems. It operates within its franchised territory, which covers over 40 municipalities within York County, Pennsylvania and over nine municipalities within Adams County, Pennsylvania. The Company’s approximately two wastewater treatment facilities are located in East Manchester and Lower Windsor Townships. The Company also provides sewer billing services. The Company has a service line protection program, which allows customers to pay a fixed monthly fee, and the Company repairs or replaces damaged customer service lines. The Company’s water filtration plant is located in Spring Garden Township, over one-half mile south of the City of York. Its main pumping station is located in Spring Garden Township on the south branch of the Codorus Creek.

THE YORK WATER COMPANY (NASDAQ:YORW) Recent Trading Information

THE YORK WATER COMPANY (NASDAQ:YORW) closed its last trading session up +0.10 at 38.20 with 21,687 shares trading hands.