Dick Hierstein

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  2/21 - Low Rates, Needed Repairs Lure 'Big Water' to... - [Cached Version]
  Published on: 2/21/2003    Last Visited: 10/17/2008  

  said Dick Hierstein, city manager of Pekin, Ill., which decided to buy back its water system from American Water Works.
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  Hierstein, Pekin's city manager, said the company's service — in private hands since 1886, in Illinois-American Water's control since the early 1980s — had declined in recent years.

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  Residents voice their distrust of utility - [Cached Version]
  Published on: 1/27/2002    Last Visited: 1/28/2002  

  Pekin City Manager Dick Hierstein presented the city's pro-buyout position and said he considered Illinois-American to be "dishonest" in its opposition to a municipal buyout.
  
  "They said they weren't for sale, and that was obviously not the case," Hierstein said of Illinois-American's parent company, American Water Works.The parent company recently accepted a bid to sell to RWE, a German-based electric and gas utility."People feel betrayed."
  
  Despite Harlan's and Hierstein's poor views of the water company, Sue Atherton, manager of communications for Illinois-American, said surveys show that eight out of 10 Pekin residents are satisfied with the company.
  
  During the presentation, Atherton reminded the audience that referendums to sell Illinois-American were rejected by Pekin voters in 1992 and again in 2000.
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  Atherton said the proposed deal with RWE will not affect how local decisions are made, though Hierstein claimed that decisions about Pekin's water supply will be made far away.
  
  Atherton said the thought of selling Illinois-American's Peoria-Pekin components to the cities and separate from the rest of the company to RWE makes no sense.
  
  "Think of it as a taxi cab wheel," Atherton said of the merger."You wouldn't just want to buy one wheel off of a taxi because you will have to make up for it.But selling the whole fleet would make more sense."

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  Business Development Committee - [Cached Version]
  Published on: 2/5/2002    Last Visited: 2/5/2002  

  Dick Hierstein, City of Pekin

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  ChamberBiz.com - [Cached Version]
  Published on: 4/5/2002    Last Visited: 12/16/2002  

  "We've talked about (combining bills) back before talks of condemnation," City Manager Dick Hierstein said."We saw it as being better for the city."
  
  Illinois-American officials said it's taken more than a year to combine the bills because the water company has been in the middle of upgrades to its computer software system.
  
  On March 19, after several months of aggressive campaigning by both the city and the water company, 60 percent of Pekin voters gave city leaders the go-ahead to move forward with the purchase of its water district, through any means necessary, including condemnation.

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  Directory - [Cached Version]
  Published on: 5/15/2002    Last Visited: 5/15/2002  

  Dick Hierstein, City ManagerCity of Pekin400 Margaret StreetPekin, IL 61554309-477-2380Fax: 309-346-5328

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  German giant taking over American water supply - [Cached Version]
  Published on: 2/1/2003    Last Visited: 2/15/2003  

  "There are a lot of serious warning signs building up at RWE," said Richard Hierstein, city manager for Pekin, Ill.
  
  The communities trying to buy their water systems are betting they will be better off on their own because of the savings available under local ownership.Publicly owned agencies don't have to pay income taxes or generate profits for shareholders, so in theory, they could invest in improvements without raising rates.
  
  But money from water rates might also be diverted to pay for other government services facing a shortfall, which might not help water customers.
  
  About 85 percent of U.S. water systems are still owned by the communities they serve.

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  German giant taking over American water supply -... - [Cached Version]
  Published on: 2/8/2003    Last Visited: 2/8/2003  

  "There are a lot of serious warning signs building up at RWE," said Richard Hierstein, city manager for Pekin, Ill.
  
  RWE's rising debt prompted Moody's Investor Service to lower the company's credit rating last year.

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  Jones - [Cached Version]
  Published on: 2/18/2007    Last Visited: 2/18/2007  

  Former City Manager Dick Hierstein pared as much from city spending as practical.

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  Latest News - [Cached Version]
  Last Visited: 6/8/2002  

  Several Methodist board members, as well as State Senator George Shadid and Pekin City Manager Dick Hierstein took part in the ground-breaking.

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  Leadership Academy 2003 - [Cached Version]
  Published on: 12/11/2002    Last Visited: 12/11/2002  

  Thursday, January 23, Class, PCHS B220, 7am-9am, Economic Development, Pekin Economic Development Director Kim Uhlig and Pekin City Manager Dick Hierstein; flash report by Melinda Figge of the YWCA of Pekin

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