Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Electric Capital topic
No spam. Unsubscribe anytime.
Altamont approves KMEA electric capital outlay plan and reviews reserve funds
Summary
Council approved KMEA's year-one Electric Capital Outlay Plan after reviewing electric and reserve fund status reports. The move follows staff work with Tyson McGreer from KMEA to refine the plan.
The Altamont City Council voted to approve the KMEA Electric Capital Outlay Plan for year one after receiving the Electric and Electric Reserve Fund Status reports. Councilmember Lyle Sykes moved to approve the plan and Councilmember Zachary Sellers seconded; the motion carried.
City staff said they worked with Tyson McGreer from KMEA and the utility department to adjust the plan. The capital and reserve fund reports were presented to give council context for short- and medium-term electric equipment and project needs.
