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SOUTH WHITLEY â€” A special session will be held Thursday at 6:15 p.m. for the South Whitley Town Council to make a decision on the townâ€™s energy source.
For months, the council has been working on revamping the electrical contracts for the town. After hearing Indiana Municipal Power Agencyâ€™s (IMPA) proposal on its co-op energy service, the council was able to determine contractual obligations with the townâ€™s current energy provider Duke Energy. Previous considerations proved Dukeâ€™s rate is costing the town $220,000 more on an annual basis compared to IMPAâ€™s pricing.
After Town Attorney Greg Hockemeyer took IMPAâ€™s contract under advisement, he presented the council with his review of the contract. Instead of making a decision at the meeting, the council decided to hold a special session giving the town officials a chance to review the contract. The timing was laid out as such so the council can implement the contract before the next billing cycle, saving the town thousands of dollars.
â€śThe longer we stay with Duke, the more it is costing us,â€ť said Councilman Steve Smith. â€śWe have to move on this so that we can get the contract to IMPA before their meeting on Friday,â€ť said Hockemeyer.
Before the council meets on the energy contract, discussion on the 2013 budget will be slated for the council Thursday at 6 p.m. Hockemeyer informed the council of the time constraints surrounding the budget.
â€śThis has to be sent off by the end of the month, so we canâ€™t wait until the next regular meeting to move on this.â€ť Council President Tony Starkey said he was not comfortable approving a budget he had not had the chance to review. Therefore, the special session was agreed upon to allow time for the council to â€śchew on it.â€ť