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Staff flags $550,000 Highway G utility estimate and $830,000 River Street project; funding constraints noted
Summary
Staff estimated a Highway G sewer and water extension near $550,000 and described River Street (Park to Kai) as a large $830,000 underground-and-surface rehabilitation; TID 13 lacks increment so borrowing may need to go through water/sewer utility or alternate structures.
Staff (S10) briefed council on two infrastructure projects: a utility extension along Highway G into the industrial park and a larger River Street rehabilitation.
Highway G: staff estimated the water and sewer extension at roughly $550,000 and said the project would be sewer and water borrowing. They cautioned that TID 13 currently has no increment and therefore cannot service debt; options include borrowing through the water and sewer utility or structuring a transfer if development materializes.
River Street: staff described years of underground issues (aging water mains, sanitary sewer problems and poor surface condition) and recommended a coordinated rebuild; the estimate shared during the session was about $830,000 for the project from Park to Kai Street.
Staff requested additional time to refine costs and indicated they may need to check pricing prior to final approval. Councilors asked procedural questions about TID timing and amendment windows.
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