UTILITIESPENDING

City of Waterville Regular Council Meeting Minutes April 13 2026

Council begins renewal of Waterville Gas franchise agreement

Town of WatervilleWATERVILLE GAS & OIL COMPANYApril 13, 2026

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Description

Waterville Council held first readings on Ordinances 02-26 and 03-26 to renew the five-year franchise and rate agreements with Waterville Gas and Oil Company. The proposed renewal maintains most franchise terms while adjusting customer charges, volumetric gas rates, and uncollectible account fees.

Contract Details

Vendor

WATERVILLE GAS & OIL COMPANY

Agency

Town of Waterville, OH

Contract Type

UTILITIES

Document Date

April 13, 2026

Contract Term

Five (5) years from renewal date; current franchise and rate agreements expire September 12, 2026

Renewal Date

2031-09-12

Renewal Info

Franchise agreement is renewed every five years under the City Charter; the proposed 2026 franchise and rate agreements will replace the 2021 agreements upon their expiration on 2026-09-12. Rates include a higher monthly customer charge, updated volumetric rate tied to market conditions, and increased uncollectible accounts fee.