NAPOLEON COUNCIL TO PAY OFF DEBT FOR SOLAR FIELD

posted by Defiance - 

Napoleon City Council seems committed to paying-off the debt early on the solar field project constructed in the city near the yard waste site.  Approval is needed from other participants in the AMP project; but it could mean a savings in electric costs for customers of about 1.5%, reports city manager Joel Mazur.

Napoleon Council has also authorized the sale of their northside electric substation to AMP, at a cost of about $982,000.  A letter of intent will be created for the sale, which will bring funds back to the city, along with more funds from providing maintenance on the sold facility. 

And the topic of water rates will be brought to the next Napoleon council committee meeting on Monday, to determine if a rate study should be completed regarding the final year of proposed double-digit rate increases for customers.

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