Iowa City City Council Formal Agenda May 5 2026
City considers new electric franchise for Eastern Iowa Cooperative
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Description
Iowa City Council will schedule a public hearing on granting Eastern Iowa Light and Power Cooperative an electric franchise through 2032, with a 2% franchise fee on electricity sales in city limits. The ordinance would replace an expired license agreement and align terms with MidAmerican’s franchise.
Contract Details
Vendor
EASTERN IOWA LIGHT & POWER COOPERATIVE
Agency
City of Iowa, IA
Contract Type
UTILITIES
Document Date
May 5, 2026
Contract Term
From adoption until December 4, 2032
Renewal Date
2032-12-04
Renewal Info
Initial franchise grant proposed to run through December 4, 2032; future renewals would be considered prior to expiration.
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