Joint Press release by the City of Fort Wayne and Indiana Michigan Power:
Indiana Michigan Power and City of Fort Wayne continue negotiations
The City of Fort Wayne and Indiana Michigan Power (I&M) participated in a mediation session yesterday regarding issues surrounding the City Light Lease. The mediation session lasted throughout the day and late into the evening. Although the parties have not reached an agreement, they have agreed to continue to negotiate. The parties will meet again for a formal mediation session on October 1, 2009, and intend to engage in discussions prior to that meeting. At the request of the mediator, John W. Whiteleather, both the City and I&M have agreed not to comment publicly about the negotiations. The parties both look forward to an amicable resolution to their negotiations.
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