Organization & Operations – History & Background
The Raytown Water Company (RWC) is a Missouri corporation, which was established 1925 to provide water utility service to industrial, commercial and residential customers primarily in the City of Raytown, Missouri, and certain surrounding areas. At the end of December 2006, RWC had approximately 6,496 customers.
RWC’s water rates are established by the Missouri Public Service Commission (“MPSC”). RWC owns, operates and maintains 3 water storage and transmission systems (collectively the “System”), but is not engaged in the production of potable water. RWC’s only source of water is obtained from the Missouri River through the Kansas City Missouri Water Department .
RWC also provides management of the utility, engineering and construction of capital facilities, operation and maintenance of the System and all administration necessary for the development and implementation of RWC’s water supply program.
Governance & Administration
Board of Directors
RWC is governed by a seven-member Board of Directors. The Board of Directors has general charge of the business and affairs of the Company and may do and perform all acts necessary to carry out its purposes. The Officers of the Board of Directors arc elected by the Board for one-year terms. As of the date hereof, the members of the Company’s Board of Directors were as follows: