The Town has identified $11,000 in project savings by sharing in the restoration costs for the roadway ponding repairs on Ibis Isle. The Town and Project Team continue to work proactively to find opportunities to cut costs and save money.
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Town Engineers and FPL have completed the required electric meter review for all property owners in Phase 1 of the project. Phase 1 includes properties north of Onondaga Avenue and south of Sloan’s Curve. Residents were notified prior to the reviews taking place.
The Undergrounding Project Team has received the electrical utility equipment locations from FPL for Phase 1 of the program. Team members are working with the utility companies to ensure each location meets specific conduit requirements for undergrounding. Comcast and AT&T are now completing their infrastructure plans for Phase 1.
The Undergrounding of Utilities Project is currently on schedule and on budget.
The Task Force examined multiple options for taking out a bond for the undergrounding project, the method of financing approved by Town voters. Task Force Members reviewed ways to reduce the debt service on the bonds, cut costs and how lower interest rates can benefit the Town. A more formal discussion on the financing will […]
The Underground Utilities Task Force doubled down on its efforts to encourage resident participation in the Undergrounding Project. The Task Force discussed moving public comment to the end of the meeting to allow residents the opportunity to discuss issues after they have been presented at the meeting. The Task Force is working with local community […]