Stillwater Business Park Buildout and Venture Parkway
Summary
Six parcels remain available at Stillwater, but a fight broke out over whether ratepayer utility funds should help pay the local match for a $10 million Venture Parkway extension — Council Member Audette says the sale proceeds fund should cover it.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
Roughly $3.8 million sits in the Stillwater capital fund; the new phase costs about $10 million with an 80% federal grant.
Future Stillwater businesses and job seekers; ratepayers benefit only if utility funds aren't diverted.
Ratepayers could foot part of the bill if utility funds are used for the match.
Mentions & discussions (2)
Redding City Council - Regular Meeting - Sep 15, 2026
Six parcels remain available at Stillwater, but a fight broke out over whether ratepayer utility funds should help pay the local match for a $10 million Venture Parkway extension — Council Member Audette says the sale proceeds fund should cover it.
Redding City Council - Regular Meeting - Aug 4, 2026
The council met privately with negotiators over the possible sale of Stillwater Business Park Lot 13 to 42 Real Estate, LLC. Selling park lots brings jobs and development to the business park, but price and terms remain confidential.
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