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Council approves 20-year roadway reimbursement agreement with We Energies for Bridal Drive at airport hangar development
Summary
The council approved a 20-year roadway reimbursement agreement with We Energies covering relocation costs for utilities at the new airport hangar parcels, with municipal obligation to pay relocations if the city causes them during that period.
The West Bend Finance Committee approved a 20-year roadway reimbursement agreement with We Energies covering utility relocation for Bridal Drive at the airport hangar parcels.
A staff presenter explained the agreement is intended for a newly created roadway serving airport hangar parcels; We Energies is installing gas and electric lines in the right of way and the reimbursement agreement covers the city's obligation to pay for relocation if the city requires it during a 20-year period. The presenter said the company is cautious about incurring relocation costs for smaller developments and that after the 20-year period statutory rules would apply regarding who pays for relocations.
The committee moved to approve the agreement; Alderman Allen moved and Alderman Butchlik seconded, and the motion carried by voice vote. Staff will finalize the agreement and proceed with coordination with We Energies. The discussion did not specify dollar figures or the precise language of the reimbursement contract on the record.
