How much is I&M paying to the City to finalize the City Light lease?
- Date added:
- Monday, 03 January 2011
- Last revised:
- never
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Answer
Upon approval from both the Fort Wayne City Council and the Indiana Utility Regulatory Commission (IURC), I&M would pay the City a total of $39.2 million over 15 years, with $5 million of that coming as an upfront payment.