Elburn leverages its buying power
by Susan O’Neill
ELBURNâ€”Elburn joined other municipalities in northeastern Illinois in a consortium to negotiate with Nicor for more attractive terms and a new franchise agreement. The current agreement, which has been in place for 50 years, will expire in 2011.
The Elburn Village Board on Monday authorized the execution of the intergovernmental agreement that established the Northern Illinois Municipal Gas Franchise Consortium.
According to Assistant Village Administrator David Morrison, the agreement will take some time to renegotiate.
â€œIt was a 50-year agreement, so it obviously needed to be updated,â€ he said.
The village also belongs to an electric cooperative made up of northern Illinois municipalities, through which it is able to leverage its buying power of electricity.
The coop will go out for its annual bid in the spring.