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PUC Finalizes Purchasing Agreement for the Old Mirab Building

The Public Utilities Commission (PUC) has confirmed the signing of a purchasing agreement with Boutros Bou-Nahra Company Limited that will span over a period of ten years. Prior to this agreement there was an initial figure of ten million three hundred thousand dollars thrown out for the acquisition of the old Mirab building on North Front Street. On August 23, however, a new agreement was reached with an undisclosed amount. PUC’s Chairman, Dean Molina commented via a press release, quote, “we are pleased to have a resolution to this matter and closure to what would have been a long-standing financial burden to the PUC.”/////