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Redmond approves up to $600,000 for Northpointe Vista electric, natural-gas infrastructure
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Summary
The Redmond City Council approved funding not to exceed $600,000 to complete trunk-line electric and natural-gas infrastructure for the Northpointe Vista development; staff said developer fees and future property dispositions will reimburse the city.
Redmond City Council approved funding not to exceed $600,000 to complete electrical and natural-gas backbone infrastructure for the Northpointe Vista residential development.
Deputy City Manager Steve Ashworth told the council the city is acting as part of the development team and is responsible for some of the trunk lines that will bring power and natural gas into the neighborhood. "We will be back in front of you, at the council informal on January 26, where we're going to be bringing much more detail," Ashworth said.
Linda Klein, the city's housing coordinator, described the funding need and how the city plans to recover the expense. "In June, you approved 300 almost $380,000. We need a remainder of almost $400,000 to complete that," Klein said, adding that developer payments and connection fees will replenish the fund. Klein identified an estimated Cascade natural gas cost of $200,000 and $35,000 in connection fees.
A council member moved to approve funding "of CEC and CNG power and natural gas infrastructure" not to exceed $600,000; the motion was seconded and the council verbally signified approval.
Council members also asked about construction status. Klein said trenching is underway on Kingwood, 13th, 15th and 17th streets and that paving will wait until plants reopen in spring. Staff said they will return to the council with a financial pro forma, negotiation priorities with developers and additional construction details at the Jan. 26 informal meeting.
The action on funding was a formal motion carried by verbal affirmation during the meeting. The consent agenda, including purchase authorization for an RPM 220 snowblower attachment for airport operations and minutes for prior meetings, was approved earlier in the session.
Next steps: staff will present more detailed financial and development information at the Jan. 26 informal session and continue negotiations with prospective developers; funding costs are expected to be recovered through developer fees and property dispositions.
