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Hastings Utility Board OKs recommending Peabody coal‑supply extension to city council
Summary
The Hastings Utility Board voted to ask the advisory board to recommend approval of a Peabody Coal Sales LLC contract extension that staff said aligns with rail contracts and offers favorable pricing; board approved sending the agreement to city council.
The Hastings Utility Board voted April 10 to ask the advisory board to recommend approval of a proposed extension to the city’s coal supply agreement with Peabody Coal Sales LLC, a staff presentation said.
Shane Stone, introduced by staff as the city’s operating‑agent representative, told the board that Peabody submitted a proposal for a possible extension and that a redacted version of the proposal was included…
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