Adams Electric Cooperative, which serves Quincy Regional Airport, returned $1,834.20 in capital credits to the City of Quincy. Manager of Marketing/Member Services Bill Stalder presented the check for the Quincy Regional Airport to Director of Transportation Marty Stegeman, Quincy Mayor Kyle Moore, and City Administrator Glenda Hackemack.
The City of Quincy’s capital credit refund was part of the Cooperative’s recent distribution of $400,000 in capital credits. Members of cooperatives pay for service at cost and share in the annual margins by earning capital credits.
City Administrator Glenda Hackemack, Director of Transportation Marty Stegeman, and Quincy Mayor Kyle Moore accept a capital credit check for the City of Quincy from Adams Electric Cooperative Manager of Marketing/Member Services Bill Stalder.