city-of-altamont-city-council-meeting-agenda-october-24-2024_1a4.pdf
City of Altamont Considers Black Belt Energy Gas Prepay Project
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Description
Black Belt Energy is positioned as the bond issuer for a potential 30-year KMGA Gas Prepay Project for natural gas supply to the City of Altamont. City is considering participation.
Contract Details
Vendor
BLACK BELT ENERGY
Agency
City of Alton, KS
Contract Type
UTILITIES
Document Date
October 24, 2024
Contract Term
30 years (project), initial city period 5-7 years
Renewal Info
Initial city supply contract period approximately 5-7 years. After first period, bonds may be remarketed and City can renegotiate or opt out if minimum discount not met.
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