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Lake City approves participation in discounted gas-supply transaction after presentation from Florida Gas Utility
Summary
Following a presentation by Florida Gas Utility CEO Katie Hall about long-term discounted gas-supply "prepaid" transactions, the council approved Resolution 2025-048 directing the city’s participation; staff said the program has saved the city roughly $630,000 to date.
The Lake City Council on Monday approved a directive allowing the city to participate in a discounted, long-term gas-supply transaction arranged through Florida Gas Utility and the Municipal Gas Authority of Georgia.
Katie Hall, general manager and CEO of Florida Gas Utility, told the council the city already participates in multiple long-term supply deals and that the new transaction would be similar in structure. “We are a municipal non profit agency that provides…
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