Light Lease agreement passes Council, 8-0

The Fort Wayne City Council

The Light Lease issue has just wrapped up at the Committee Session of the Fort Wayne City Council

Councilman Glynn Hines is absent.

Council voted 8-0 to approve the ordinance which approves and authorizes the City’s execution of the settlement agreement with Indiana Michigan Power.  This will settle the Light Lease dispute resulting from the natuaral termination of the 1974 Light Lease agreement.

I will have more later including audio and the slide presentation made to the Council.

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