Lubbock City Council Considering Settlement - KCBD NewsChannel 11 Lubbock

10/8/02

Lubbock City Council Considering Settlement

Lubbock City Council members are considering an a settlement with Atmos Energy, which would put an end to a $7 million joint lawsuit with GE Power. Last month, the council approved a partial settlement from GE for losses related to a broken turbine. During a closed meeting early Tuesday morning, the city agreed to consider a $400,000 settlement to withdraw its lawsuit against Aatmos Energy, formerly known as Energas.

The offer will be considered at the next city council meeting. If accepted, the total settlement received from the two companies would equal about $2.2 million.

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