Dormant
Updated
electric utility line truck financing
Update on funding and progress for electric line truck capital projects
What to Watch
Watch for a follow-up item that names the replacement borrowing option and spells out the rate, term, and any impact on electric utility costs.
Coming Up
Typically discussed at Personnel and Finance Committee. Check back when the next agenda is published.
The Story
At the Aug. 1 Personnel and Finance Committee meeting, the City Manager said the Electric Department’s line truck order may need different borrowing because the planned WPPI loan isn’t eligible. For residents, the practical question is whether a new borrowing plan changes costs or timing for utility equipment.
Record
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The City Manager reported no major updates beyond east-side street work underway.
Personnel and Finance Committee -
The City Manager said the Electric Department’s line truck order may need new borrowing because the originally planned WPPI loan is not eligible for that purchase.
Personnel and Finance Committee