City of Fayette Board of Alderman Meeting Minutes February 2026
City Spreads MPUA Storm Bill Over Nine Months
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Description
The Board authorized financing of a large winter storm-related electric bill owed to MPUA by spreading approximately $15,000 payments over nine months. Officials may later consider adding a temporary surcharge to customer electric bills to recover the costs.
Contract Details
Contract Amount
$15,000 per month for 9 months (surge cost financing)
Vendor
MPUA
Agency
City of Fayette, MO
Contract Type
UTILITIES
Document Date
February 24, 2026
Contract Term
9 months
Renewal Info
This action restructures payment of an existing MPUA electric bill over nine months rather than in a lump sum.
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