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City of Marietta City Council Agenda Work Session Minutes 2026-04-13

Budget Amendment for MEAG Power Contract Settlement

$722,745.19City of MariettaMEAGApril 13, 2026

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

Description

The City of Marietta recommended approval of a FY2026 budget amendment to fund the CY2025 year-end settlement of under-recovered costs under its power sales contract with MEAG. The action incorporates $722,745.19 into monthly prepaid withdrawals to be fully satisfied within the FY2026 fiscal year.

Contract Details

Contract Amount

$722,745.19

Vendor

MEAG

Agency

City of Marietta, GA

Contract Type

UTILITIES

Document Date

April 13, 2026

Contract Term

Within the FY2026 fiscal year

Renewal Date

2026-09-30

Renewal Info

One-time budget amendment to settle under-recovered costs for CY2025 under existing MEAG power sales contract.

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