MLP Board approves operating policy revision covering fiber line repairs.
Chesterfield's Municipal Light Plant Board unanimously approved an operating policy revision permitting the MLP to cover repairs to overhead fiber lines from the main service terminal to subscriber homes, up to $1,100 per repair, with exposure capped at approximately 329 lines at an average cost of
MLP Board · Meeting of May 14, 2026
Chesterfield's Municipal Light Plant Board unanimously approved an operating policy revision permitting the MLP to cover repairs to overhead fiber lines from the main service terminal to subscriber homes, up to $1,100 per repair, with exposure capped at approximately 329 lines at an average cost of $750 each. Patti Gosselin, the new Financial Manager, presented third quarter FY26 financials showing reduced revenue due to lower monthly fees, while maintenance costs rose $7,500 primarily due to new UPS battery purchases. The board discussed financial objectives mandating at least $100,000 in retained earnings and $254,000 in stabilization funds, with a target of half a million dollars by 2031.
Operations Manager Justin West confirmed the Whip City fiber contract renewed for five years at comparable rates with inflation-tied adjustment provisions. ===BRIEF===
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Source: the MLP Board meeting of May 14, 2026, compiled from the official minutes.
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