Although not required for the Town to take ownership, another piece of information the Town has requested from CWS is the Company’s appraisal of the system. This appraisal will be used by the court and a Lexington County jury to determine the fair market value of the I-20 system after the Town takes it over. CWS is agreeing to complete and provide their appraisal early to the Town which will be done in the weeks ahead. “We will provide the most current and accurate appraisal possible to the town which will assure that the residents of Lexington understand the cost and potential use of their tax dollars,” said Matthew Klein, interim president for CWS. “And it will do so while ensuring that CWS is compensated appropriately for the system.”
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