City Council

13. Undergrounding Program Updated Long-Term Cash Flow Analysis\nRecommended Action: Staff recommends the City Council: 1) Receive a\npresentation on the Undergrounding Program updated long-term cash flow\nanalysis; 2) Direct City staff to proceed with Scenario 2, advancing the design of\nBeach Colony (2) and 25th Street and phased construction of District 2; 3) Direct\nCity staff to evaluate cash flows and phased construction for all upcoming districts;\nand 4) Direct staff to update the Finance-As-You-Go modeling previously\npresented in November 2024, to evaluate future opportunities for strategic and\nfiscally responsible financing to accelerate Undergrounding Program completion\nand reduce overall costs.\nReference: Clerk’s File No. 1001-1