Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Meridian council approves cooperative agreement with Toll Brothers to accelerate McDermott sewer trunk line
Summary
Council approved a public‑private agreement with Toll Brothers to build a portion of the McDermott sewer trunk line early; Toll Brothers will pay construction costs upfront and the city will reimburse 50% later, with contract protections including a 10% bid off‑ramp and a 5% cap on city change‑order exposure.
City staff presented a cooperative development agreement proposed with Toll Brothers to advance construction of a segment of the McDermott trunk sewer earlier than the city's original 2028 schedule. Warren (city staff) said Toll Brothers would pay the construction costs now and the city would reimburse 50% of the final construction cost at the time the city had planned to fund the project, preserving the city’s capital‑plan timing.
Council members pressed staff on financial protections. Staff described two main protections for the city in the agreement: an…
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
