City Light Lease Settlement

Items	Rating	Hits
Based on what has been said by both parties in the last 2-3 years, did I&M pay too much or did the City get too little for the City Light Lease?		6192
Does the final settlement figure include the $145,000 per month that I&M has been paying in an escrow account since the Lease expired?		6393
How is this agreement good for the citizens of Fort Wayne?		6407
How much is I&M paying to the City to finalize the City Light lease?		6797
What could happen if the agreement is not approved by the City Council or the IURC?		6520
What will happen to the Trust Fund that the City built with rental payments under the Lease?		6438
When should the approval process be concluded?		6468
Will rates go up as a result of this settlement?		6427

Policies & Info

Contact Info

Citizens Square
200 East Berry St.
Fort Wayne, IN, 46802, USA
Tel: (260) 427-8311 or 311 locally

"Today (Oct. 28, 2010) is a good day for the people of Fort Wayne," said Mayor Tom Henry. "This settlement will strengthen Fort Wayne and better position us for economic growth. Not only does it provide an important income stream, it ensures that I&M continues to provide quality service to the area."