Proposed Montgomery Place Overhead to Underground Utility Conversion Neighborhood Assessment Program Project
Project Objective
The proposed Montgomery Place Overhead to Underground Utility Conversion Neighborhood Assessment Program (NAP) Project is a community driven “grass roots” project requested and organized by neighborhood residents.
The objective of this proposed project is to convert the existing overhead utility lines (electric and communications) to underground within the project scope (see map below). This proposed project would also include the installation of new street lights throughout the project area.
Learn more about community-initiated projects (NAP) and programs
Second Virtual Informational Neighborhood Meeting
On October 26, 2020 at 6:00 p.m., JEA hosted a virtual informational neighborhood meeting via Cisco WebEx to discuss the proposed project. JEA staff provided a brief presentation followed by a virtual question and answer period.
Download the Meeting Presentation (PDF)
True Cost of NAP Loan
During the Question and Answer period of the Virtual Neighborhood Meeting (0:52:00), a property owner asked about the true cost of the loan. Our financial team provided this example Amortization schedule to illustrate the cost of the loan over 10 and 20 year terms.
Download a Sample Amortization Schedule (PDF)
Watch a Recording of the Virtual Meeting
Map of Proposed Project Scope
