City of Sonora leaders will consider approving an agreement that would raise almost enough money for the construction of public bathrooms on Stewart Street.
At a public meeting on Monday, the Sonora City Council is scheduled to vote on selling $400,000 worth of credits from Pacific Gas and Electric Co. to the City of Half Moon Bay in exchange for $200,000 cash.
City officials said at a public meeting on Sept. 18 that the money could be used for a much-desired project to convert a city-owned building at 201 S. Stewart St. into additional public bathrooms for the downtown area.
Each community serviced by PG&E receives a certain amount of credits per year that are intended for projects to bury overhead utility lines. The amount each community receives is determined under a formula established by the California Public Utilities Commission.
The city accrues nearly $30,000 in credits per year and has $1.2 million in the bank.
Cities and counties that receive the credits are allowed to sell or trade them for less than the dollar amount. For example, the City of Half Moon Bay previously sold five years worth of credits to the City of Foster City at a price of 47 cents per every $1 in credits.
Though the bathrooms have been discussed as a possible way to spend the money, the funds would be put into the General Fund and could be used at the council’s discretion for other projects.
The meeting starts at 5 p.m. Monday at City Hall at 94 N. Washington St.
Contact Alex MacLean at firstname.lastname@example.org or (209) 588-4530.