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Commission tables Park Avenue revenue bond; engineers outline constraints on Highway 5 and Deadwood supply line

City Commission of the City of Lee · September 16, 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

Commissioners tabled Resolution 2024-11 (revenue bond for Park Avenue water) to allow a bonding briefing; engineers discussed upsizing the Deadwood supply line to 8 inches to meet expected flows, DNR review timelines and the need to update a 2006 facilities plan to meet new DNR requirements for the Highway 5 water/sewer project.

The commission voted to table Resolution 2024-11, a revenue-bond measure tied to the Park Avenue water project, and asked the Black Hills Council to brief commissioners on bonding requirements at the next meeting. Staff said the tabling will allow commissioners time to understand bonding mechanics and the in-and-outs of loan administration before committing the city to a bond issuance.

Engineers answered detailed questions about the Deadwood water-supply line and an associated project to…

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