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Electric utility approves support contract and amends wholesale power and REC agreements after executive session
Summary
The board approved a $68,493.30 Tantalus support agreement and authorized a wholesale power‑agreement amendment and a REC sale/transfer; presenters said substantive details were discussed in executive session and were not disclosed on the public record.
The Auburn City electric utility presented three items to the Board of Public Works and Safety and the board approved all of them. The electric representative described a 2026 support agreement with Tantalus for $68,493.30 and requested approval of a fourth amendment to the city's wholesale power agreement and a sales/transfer agreement for renewable energy credits (RECs).
Board members moved and seconded the motions and approved them by voice vote. Presenters repeatedly stated that the substantive details for the wholesale power‑agreement amendment and the REC transaction had been discussed in executive session because they involve confidential and proprietary information; no additional financial or contractual specifics were disclosed in the public record.
The board cited Indiana Code provisions in its discussion (the transcript references Indiana Code sections in the 5‑14 series) as the statutory framework under which the utility agreements were considered. The Tantalus support agreement amount ($68,493.30) was stated on the public record; the board approved that agreement and the two additional electric items with motions on the agenda.
Because the meeting record indicates the substantive commercial details were discussed in executive session and withheld for confidentiality, public reporting is limited to the fact of approval and the Tantalus support agreement amount.
