The Moore American
MOORE — Due to early press times, the results of Tuesday’s special election will be posted online at www.mooreamerican.com.
The vote is for approval for the continued franchise of OG&E to distribute electricity in the city and maintain poles, wires, conduits and other facilities and equipment in the public rights of way.
The franchise is approved by voters every 25 years.
In return for the franchise, OG&E pays Moore 3 percent of the gross revenues arising from the sale of electricity within the city limits.
“That’s a key revenue source for our general fund,” Finance Director Jim Corbett said. “It generates about $1.2 million per year.”