PACs tied to Missouri lobbyist draw new criticism
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Steinmeyer acknowledged the missed payments and says he and his wife paid their outstanding bill the morning of the scheduled shutoff May 21, which city staff confirmed, but also disputes the account of his encounter with the meter reader and says he didn’t seek special treatment.
Independence Mayor Eileen Weir asked the City Council to consider spreading out payment for IPL’s fuel charge add-on over three years. The matter will go to the Public Utilities Advisory Board for consideration.
The city's solar farm is projected to continue losing money, but IPL says it shouldn't affect rates.
Independence Power & Light’s debt extensive, but considered stable Mike Genet mike.genet@examiner.net While the city of Independence recently paid off $10.6 million of Power & Light bonds about 15 years ahead of schedule, saving more than $4.5 million in interest payments, it still represents a small amount of the city utility’s total debt obligations. The $10.6 million, used from surplus cash, was part of what had been $151.5 million in outstanding bond payments through 2046, along with $91 million in future interest. Those bonds were issued to pay for a wide variety of projects, includi...