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Mil Creek council approves $2.96M CIP increase and short‑term loan to fix citywide catch basins
Summary
After city inspections found roughly 1,000 catch basins needing repair, the council amended the CIP, approved an interfund three‑year loan from the REIT fund to the Surface Water fund to cover a $2.96M gap, and discussed long‑term bonding options to spread costs.
Mil Creek City Council on April 14 adopted amendments to the 2025–2030 capital improvement plan and approved an interfund loan from the real estate excise tax (REIT) fund to the Surface Water utility to finance a citywide catch‑basin repair program.
Staff told the council they completed 3,350 catch‑basin inspections and identified approximately 1,000 basins that require repair. The low construction bid for the repair program came in about $5.4 million; with contingency and construction management the project estimate is roughly $7 million. The CIP currently carried about $4.04 million for the…
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