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UTILITIESAPPROVED

City of Williston City Council Meeting Agenda March 17 2026

Williston Approves Long-Term Gas Supply Directive With FGU

City of WillistonFLORIDA GAS UTILITYMarch 17, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Williston approved a Directive Confirmation and Addendum with Florida Gas Utility to secure long-term discounted natural gas supplies through a Black Belt Energy prepayment transaction. The agreement authorizes FGU to manage a firm gas supply for up to 30 years with index-based pricing discounts and related risk allocations.

Contract Details

Vendor

FLORIDA GAS UTILITY

Agency

City of Williston, FL

Contract Type

UTILITIES

Document Date

March 17, 2026

Contract Term

Up to 30 years starting on or about November 1, 2026, with possible repricing periods every 5–10 years

Renewal Date

2056-11-01

Renewal Info

Underlying gas services agreement dates to February 15, 2002; this directive and addendum establish a new prepay supply tranche with repricing and potential early termination or opt-out at future repricing periods. Overall commitment not to exceed 30 years.

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