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Director urges splitting $35M hydro project into regulatory and turbine components
Summary
A director told the committee the $35 million hydroelectric project combines regulatory fish-passage obligations and turbine replacement work; staff recommended separating the regulatory portion (about $10M–$15M) to ensure licensure-driven costs are prioritized in the five-year plan.
A director raised concerns that the $35,000,000 hydroelectric project presentation bundled regulatory fish-passage work with turbine replacement, and asked staff to split the project into a licensure-mandated portion and a discretionary replacement portion.
"A portion of it is in fact a regulatory requirement and the turbine replacement is not," the director said, urging a split so that the $10,000,000–$15,000,000 of regulatory work can be accommodated in the five-year horizon. The director added that if the city chose to move away from operating the hydro facilities the item could be removed from the plan.
Staff agreed to work with the director and the CFO to present a split estimate and to mark the regulatory obligation separately in the next iteration of the plan so the committee can more easily distinguish mandated work from optional upgrades.
