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Council approves land swap with Stoughton Utilities for new utilities headquarters
Summary
Council approved a non-cash land swap between the city and Stoughton Utilities to site the utility’s new headquarters; staff said values shown in the resolution reflect historic book values for accounting purposes.
Council approved R99 (2026) on June 23, authorizing a land exchange between the city and Stoughton Utilities to relocate the utilities’ headquarters.
Staff explained the swap is non-cash and equal in acreage; the resolution lists historic cash values for the two parcels because accounting rules require using original acquisition values rather than present market value. Utility staff said they plan to apply to the Public Service Commission later this year and expect construction to follow PSC approval, which could take 9–12 months after submission.
The swap passed by voice vote; staff said construction, bidding and a roughly 18-month build timeline would follow PSC approval.
