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Council liaison says state loan increased for Eagle Lake retention project; city capital fund to cover remainder
Summary
Councilmember Johnson told the Snoqualmie Planning Commission on March 17, 2025, that the state-required replacement of a reclaimed-water retention pond near the golf course (Eagle Lake) will cost about $10 million and that a larger low-interest state loan now estimated at roughly $8 million will cover part of the cost, with enterprise capital funds responsible for the balance.
Councilmember Johnson reported to the Snoqualmie Planning Commission on March 17, 2025, that the city must replace a state-mandated reclaimed-water retention pond near the second green of the Snoqualmie Ridge golf course (referred to in the presentation as Eagle Lake) and that the project will require capital funding beyond the general fund.
Johnson said the project cost is in the neighborhood of $10,000,000 and that the city has secured a low-interest state loan that was originally discussed as roughly $6,000,000 and is now closer to $8,000,000. He told commissioners that the remaining cost is expected to come from the city—s capital funds for enterprise utilities rather than the general fund. The council liaison did not provide a formal loan agreement citation or precise loan amount and said he did not have the final term numbers at hand; commissioners and the liaison discussed whether the loan term was 20 or 30 years but no definitive term was cited in the meeting.
The report prompted clarifying questions from commissioners about which fund will carry the balance, loan term assumptions and whether staff could provide precise loan and schedule details. Johnson said he would check staff numbers and follow up; no formal council action or binding commitment was made during the planning commission meeting.
No motion or vote was taken regarding the water retention project at the planning commission meeting; the item was reported as a liaison update for commissioners' information.
