Redington Shores seeks to begin utility undergrounding after grant prospects; reserve funds cover shortfall

Redington Shores commissioners on June 25 were presented with updated cost estimates for a proposed utility undergrounding project and directed staff to place a related budget amendment on the July 9 regular meeting agenda.

Consultant Mark Porter said the town could be eligible for $2.3 million through Penny for Pinellas, while Duke Energy’s estimate for converting overhead lines to underground was $3.7 million, leaving an approximate $1.7 million gap. Porter said including streetlights would add roughly $400,000 in costs. “If the town pays the costs now and is reimbursed through Penny for Pinellas, those prices are locked and the town avoids further inflation-related increases,” Porter said.

Accountant Andy Tess told commissioners the money to cover the projects is currently available in reserve funds. Interim Town Administrator Margaret Carey was instructed to add a budget amendment to the July 9 meeting so the commission can consider committing reserves and authorizing next steps.

Commissioners discussed practical considerations, including the need to secure easements and the time-consuming nature of grant and utility processes. Porter warned that the schedule for grant reimbursement and utility coordination can be lengthy and recommended starting as soon as possible to lock current pricing.

Mayor Tom Kapper expressed support for beginning work with Duke Energy and Spectrum, citing long-term savings and reduced exposure to inflationary cost increases. The commission did not vote on a final contract at the workshop; it will consider the budget amendment and related documents at the regular meeting on July 9.