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Hallock council votes to prebuy 40% of Constellation gas for 72 months
Summary
Councilors voted on Oct. 6 to prebuy 40% of the city's Constellation gas allocation for 72 months after reviewing rate options; the motion was moved by Councilor Kevin Waller and seconded by Councilor Mike Totleben and carried.
At the Oct. 6 meeting Councilor Kevin Waller reported on a prior discussion with Grant Kleven of Constellation about the city's gas-rate exposure and options. Waller said the city is currently about 75% rate-locked until the end of October 2025, and would be about 40% locked through 2027 under the options reviewed. After council discussion, Waller moved to prebuy Constellation gas at 40% for 72 months; Councilor Mike Totleben seconded and the motion carried.
The minutes record the council reviewed rate options but do not include detailed contract terms, pricing, or the names of any opposing or abstaining votes. Officials directed staff to coordinate with Constellation to finalize purchase terms and implementation steps.
