Board meetings, strategic plans, and buyer signals from Scott B. Schmit’s organization
Sep 23, 2026·BoardMeeting
Board
Principal Utilities Commission Regular Meeting
The meeting included the approval of an agenda and consent agenda, followed by reviews of staff and city reports regarding policy updates, building inspection programs, and ordinance amendments for subdivision and zoning regulations. The Commission authorized the issuance of electric revenue bonds to finance phase two of the 10-year capital improvement plan. Additionally, there was a preliminary discussion regarding the 2027 budget, including an overview of year-to-date financial metrics and future operational assumptions for the electric and water utilities.
Aug 26, 2026·BoardMeeting
Board
Public Utilities Commission, City Of Princeton Regular Meeting
The commission received the 2025 audit presentation and discussed utility bill redesign concepts and sewer billing fees. Deliberations occurred regarding future production wells, and staff were authorized to conduct a Request for Proposals for ongoing engineering services for the water department. Additionally, an increase to the ECA was approved for the remainder of the year, a request to reschedule the next commission meeting was granted, and a closed session was held to discuss service territory negotiations.
Aug 26, 2026·BoardMeeting
Board
Public Utilities Commission Closed Meeting
The meeting was convened for the specific purpose of discussing service territory negotiations with Connexus Energy.
Jul 22, 2026·BoardMeeting
Board
Public Utilities Commission Regular Meeting
The meeting included reports from the general manager concerning the annual audit, financial status, and balance sheet updates. Discussions were held regarding membership with SIMBA and potential wholesale power provider options. A representative from Northland Securities presented on the 2026 bonding plan, including preliminary bond schedules, sources and uses of funds, and the timeline for bond pricing and awarding. Additionally, the commission reviewed results from a survey conducted with industrial park businesses and addressed city council concerns regarding service territory disputes.
Extracted from official board minutes, strategic plans, and video transcripts.
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