Currently, Andover residents are charged about $3 per 100 cubic feet of water used, with the average annual water bill coming in at less than $360. Andover’s water rate is among the lowest in the state.
Stapczynski said he didn’t think the settlement and other costs would have a significant impact on the water reserve fund or the town budget.
The agreement between Berberian and the town still needs approval from the U.S. District Court judge in the case as well as the Environmental Protection Agency. Tom Urbelis, general counsel for Andover, said he did not know when the court or the EPA would rule on the document.
Under the agreement, Berberian and the town state they will not pursue further legal action against each other. Berberian has also agreed not to challenge the results of a state review of an engineering report on the cleanup.