Board authorizes $45,000 from bond funds for Reed's Electric to replace 18 meter frames
Board approved using remaining bond funds (approximately $61,000 remaining) to pay Reed's Electric up to $45,000 to replace 18 aging electrical meter frames; the board directed payments by invoice not to exceed the total.
The full story
Staff recommended spending remaining bond funds on durable projects and proposed replacing 18 aging wooden meter frames and associated disconnects and panels. The contractor estimated $2,500 per frame for the remaining 18 units, totaling $45,000. The board approved the estimate and authorized payment from the bond account, with invoices to be paid as submitted and a not-to-exceed cap of $45,000.
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