UTILITIESAPPROVED

city_council_special_meeting_agenda_november_17_20.pdf

City Approves Electric Territory Transfer with Clay-Union

City of VermillionCLAY-UNION ELECTRICNovember 17, 2025

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Description

The City Council approved an agreement with Clay-Union Electric to transfer electric service territory for Munger Tract 4 effective December 1, 2025, with no infrastructure transfer. Under the deal, the City will pay Clay-Union 25% of electric sales for seven years on services within the annexed area established over an eleven-year window.

Contract Details

Vendor

CLAY-UNION ELECTRIC

Agency

City of Vermillion, KS

Contract Type

UTILITIES

Document Date

November 17, 2025

Contract Term

Transfer date December 1, 2025; City pays lost-revenue fees for 7 years on services added within 11-year window

Renewal Date

2032-12-01

Renewal Info

Territory transfer agreement includes a seven-year lost revenue payment period for services in an eleven-year establishment window; subsequent renewals are not described.