Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council hears $40M-plus plan for Purdum Drain sewer trunk; staff proposes staged funding and developer reimbursements
Summary
Staff presented a multi-year funding plan for the Purdum Drain trunk sewer improvements that relies on sewer impact fees, water-renewal fund advance, developer latecomer agreements, a proposed General Government internal loan and other sources; staff projected a 7-year payback with impact-fee assumptions and will return with action items during budget sessions.
City staff presented a three-year, multi-source funding plan for the Purdum Drain trunk sewer project and outlined projected revenues and a long-term return on investment.
Doug Racine (speaker 11) and Chris Boas, capital and grants manager, walked the council through funding sources that include previously budgeted amounts, sewer impact fees, water and irrigation funds repaid through latecomer agreements, $10 million from the development services fund balance,…
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
