Boyd said the borough anticipates any new service provider “Will provide quality service.”

He added the borough does not have the resources to “provide the infrastructure to broaden services.”

“Is that why you are selling, because of changes in the industry and you can’t keep up?” Verterano asked.

Boyd explained that municipal services such as water, sewage and electricity are necessities.

“Fifty years ago, a television set was a luxury item,” he said. “Now we’re asking a fairly large fee for this service which I don’t even turn it on some days,” he said. “We are not experts. We offer a good service but five years from now will we be able to keep up? We’re a small municipality.”

If the sale proceeds, Verterano asked, what will borough officials do with proceeds?

Boyd said he envisions the funds sitting as a nest egg for emergency services, which could include replacing waterlines.