Committee forwards amendment to Citizens Thermal franchise for full-council action
November 20, 2025 | Indianapolis City, Marion County, Indiana
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The Public Works Committee on Nov. 20 voted to send Proposal 3‑50 — an amendment and extension of the franchise agreement with Citizens Thermal (Citizens Energy) for operation of a district cooling/chilled-water system — to the full Indianapolis City-County Council for final adoption.
CFO Sam Barris told the committee the extension continues Citizens Energy’s chilled-water franchise and requires council approval because the company operates infrastructure in DPW rights-of-way. Barris said the agreement includes a cost-sharing payment equal to 5% of the franchise revenue or $2,000,000, whichever is less, with terms that permit renegotiation after 10 years.
Councilman Gibson moved the referral to full council; the motion was seconded and passed by voice vote.
No public comment on the franchise amendment was recorded at the committee meeting.
CFO Sam Barris told the committee the extension continues Citizens Energy’s chilled-water franchise and requires council approval because the company operates infrastructure in DPW rights-of-way. Barris said the agreement includes a cost-sharing payment equal to 5% of the franchise revenue or $2,000,000, whichever is less, with terms that permit renegotiation after 10 years.
Councilman Gibson moved the referral to full council; the motion was seconded and passed by voice vote.
No public comment on the franchise amendment was recorded at the committee meeting.
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