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Council authorizes studies and advisors for utility rates, long-range forecast and event economic analysis after debate on cost and timing

5924099 · October 22, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Cave Creek's council authorized Willdan, Columbia Capital Management and Rounds Consulting to update utility fees and rates, provide municipal-advisor services, and run a long-range financial forecast and economic analysis of the Rodeo and Bike Week, while directing staff to negotiate and limit consultant hours where possible.

The Cave Creek Town Council authorized a bundle of consultant agreements Monday to update utility user-fee and rate studies, engage a municipal advisor and commission a long-range financial forecast plus economic-impact analysis of the Cave Creek Rodeo and Bike Week. Council asked staff to seek lower hourly usage where practicable and to report final costs.

Approved engagements and purpose: Willdan Financial Services was authorized to complete the town's utility user-fee study and an update to the utility rate study (amendment and remainder of prior contract) for an estimated remaining cost bringing the agreement total to roughly $63,900; Columbia Capital Management…

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