File #: 202501091    Version: 1
Type: Ordinance Status: Agenda Ready
File created: 5/23/2025 In control: Budget and Finance Committee
On agenda: 5/29/2025 Final action:
ORD/RES# date: ORD/RES#:
Title: ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 5/29/2025, AUTHORIZING the City Manager to accept and appropriate energy credit proceeds from energy projects totaling up to $3,500,000 in FY 2025 to Revolving Energy Loan Fund 883 so that the resources may be reinvested into other City energy projects; and AUTHORIZING the Director of Finance to deposit the energy credit proceeds into Revolving Energy Loan Fund 883 revenue account no. 883x8569.
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance

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ORDINANCE (EMERGENCY) submitted by Sheryl M. M. Long, City Manager, on 5/29/2025, AUTHORIZING the City Manager to accept and appropriate energy credit proceeds from energy projects totaling up to $3,500,000 in FY 2025 to Revolving Energy Loan Fund 883 so that the resources may be reinvested into other City energy projects; and AUTHORIZING the Director of Finance to deposit the energy credit proceeds into Revolving Energy Loan Fund 883 revenue account no. 883x8569.

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BUDGET AND FINANCE COMMITTEE