Del Mar
City Council
Agenda Item 10
10. Undergrounding Program Financing Update and Determination of Final\nIBank Loan Amount\nRecommended Action: Staff recommends the City Council receive an update from\nCity staff regarding Undergrounding Program Financing and Projects; and provide\ndirection on the final IBank loan amount for Crest Canyon (UUD X1A) and\nStratford Court North (UUD 1B).\nReference: Clerk’s File No. 203-3,1001-2\nSeptember 22, 2025