(KLZA)-- The Falls City Council approved dissolution of an Interlocal Agreement between the City of Falls City, Florence, Wisconsin and Shickley, Nebraska known as the American Public Energy Agency when they met Monday evening.
Former City Administrator Gary Jorn who represented Falls City on the APEA Board explained the organization set up to make pre-pay purchases of natural gas.
In all, Falls City received about $1.1 million in distributions from APEA.
Falls City had to pay $300 thousand to join the organization. That money was held from distributions paid to the City, and Falls City never had to come up with funds to pay the initial fee to join.
Jorn said while originally looked at as an investment for the City, economic conditions since the start of the pandemic have made it virtually impossible to do pre-pay transactions.
© Many Signals Communications
MOST VIEWED STORIES
Atchison apt fire claim's toddler's life, injures others
Four arrested for illegal activity on Kickapoo Reservation
Effingham woman killed Friday in Atchison wreck
One injured in Nemaha Co wreck
Wetmore man arrested on child sex-related charge
Walnut Township Treasurer removed; votes unofficial until canvass
Rural Horton man arrested on multiple drug charges
Atchison man involved in fatal NW MO crash
Meteorologist Spencer: Geometric Watch means electronic disruptions
Street lights to be discussed at Monday city meeting
TX man to stand trial on charges in fatal Jackson Co crash
USD 430 Board accepts resignations, approves new hires
Local judge files for re-election
Atchison in running for national fireworks honors
Bridge work begins Wed in Doniphan Co
BC's Pate remembered by students, college family
Latest Brown, Doniphan Co filings
Planned outage for Brown-Atchison Electric Tuesday
LATEST STORIES
Atchison man involved in fatal NW MO crash
Effingham woman killed Friday in Atchison wreck
Street lights to be discussed at Monday city meeting
Truck fire at CGB facility in Falls City
Bridge work scheduled for Atchison County MO
Meteorologist Spencer: Geometric Watch means electronic disruptions
Rural Horton man arrested on multiple drug charges
Recycling program discussed at Doniphan Co meeting