City of Marietta City Council Meeting Minutes April 15, 2026
Council Amends Budget for MEAG Power Contract Settlement
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Description
Marietta City Council amended the FY2026 budget to address a CY2025 year-end settlement under the power sales contract with MEAG. The adjustment incorporates $722,745.19 into the monthly prepaid withdrawal amount to be fully satisfied within FY2026.
Contract Details
Contract Amount
$722,745.19
Vendor
MEAG
Agency
City of Marietta, GA
Contract Type
FINANCIAL_SERVICES
Document Date
April 15, 2026
Contract Term
Within FY2026 fiscal year
Renewal Date
2026-09-30
Renewal Info
Existing MEAG power sales contract remains in place; this action adjusts payments by adding a one-time settlement amount of $722,745.19 into monthly prepaid withdrawals during FY2026.
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