Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Trustees discuss Xcel 1% undergrounding funds for Chalkos Park; no final decision
Summary
Staff reported approximately $295,190 in Xcel 1% funds and the option to borrow three years of future funds (roughly $424,000 total). Trustees debated using those funds for undergrounding and park improvements at Chalkos Park versus preserving the funds for other capital needs; direction to staff was to return with phased options.
Town staff briefed trustees on a potential funding source for undergrounding utilities at Chalkos Park supplied by Xcel’s 1% undergrounding program. Staff reported an available balance of about $295,190 held by the utility and said the town could borrow up to three years of future payments, bringing the short-term total available to roughly…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
