Hurricane flags multi‑million substation projects, may seek bonds
Staff flagged several large power projects — including a Neighborhood 6/Sand Hollow Mesa substation and the Sky Mountain substation — and told council the power fund cannot absorb the costs without pursuing bonding or other financing; council asked for bonding analysis and grant offsets.
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Staff highlighted multiple large capital projects in the power fund that exceed current fund capacity and said the department is likely to seek bonding to advance work on neighborhood substations and associated infrastructure.
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