Both agreements received first reading. Staff cited a 20-year term with a 10-year renewal, a 5% fee averaging $11 to $14 million a year, and a 0.5% undergrounding match; a member asked for more detail and a workshop with Dominion before third reading was added.
Speakers said a 20-year term is too long, the city's tree protection agreement was not incorporated, and an underground utilities advisory committee should be revived; one asked that the planned workshop include the public.
Second reading only; third reading deferred for more public engagement. Undergrounding cost (about $2,500 per linear foot) and off-site solar for city facilities discussed; a half-percent more of franchise fees for the non-standard service fund proposed.
Discussion only, no vote. Terms reviewed: 5% fee, 20-year term with renewal option, 0.5% of electric franchise revenue to an undergrounding fund matched by Dominion, Council control of the priority list, and a six-month easement deadline. Agreements remain under consideration.