Butler officials continue to meet with financial advisers to discuss options for how the city will spend money gained from the sale of the Butler Area Sewer Authority.

The sale of the authority’s assets to Pennsylvania American Water Company is being reviewed by the Pennsylvania Public Utilities Commission. If approved, Butler would share the $231.5 million profit from the sale with Butler Township.

Butler Mayor Bob Dandoy said at a forum meeting of city council Thursday, Feb. 9, that he and Councilman Don Shearer have met with five financial advisers, and meetings have taken place about once a week for more than a month.

Dandoy said the advisers presented possible ideas for the money, and asked what the city would need assistance with.

“We want to be ready when and if it does happen,” he said.

Dandoy said council will invite a financial advising firm to a future meeting so city administrators can have their questions addressed. Additionally, Dandoy said council will likely involve the public in an open forum meeting to see what they want the city to spend the money on, if the sale is approved.

Additionally, Pennsylvania American Water will present its Act 537 sewer plan to city council at a meeting later this month. The plan is required be reviewed regularly by the state.

“The sewage facilities act requires each municipality in the state to have an official sewage facilities plan that addresses the existing and future sewage disposal needs of a municipality,” Dandoy said. “Since we’re in this process of them purchasing the system, they have to file this plan … It doesn’t take any action from us of any kind.”