City of Cincinnati - File #: 202200060

• File #: 202200060
• Version: 1
• Type: Ordinance
• Status: Passed Emergency
• File created: 1/7/2022
• In control: Cincinnati City Council
• On agenda: 1/20/2022
• Final action: 1/20/2022
• ORD/RES# date: 1/20/2022
• ORD/RES#: 0010-2022
• Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 1/12/2022, AUTHORIZING the City Manager to accept a rebate in the amount of up to $100,000 from Dynegy Energy Services, LLC and deposit it in the General Fund; AUTHORIZING the City Manager to accept annual rebates in the amount of up to $100,000 from Dynegy Energy Services, LLC and deposit them in the General Fund for each fiscal year from FY 2023 through FY 2026; and AUTHORIZING the Director of Finance to deposit rebates from Dynegy Energy Services, LLC into General Fund revenue account no. 050x8228.
• Sponsors: City Manager

Date	Ver.	Action By	Action	Result
1/20/2022	1	Cincinnati City Council	Passed Emergency	Pass
1/20/2022	1	Cincinnati City Council	Emergency clause to remain	Pass
1/20/2022	1	Cincinnati City Council	Suspension of the three readings	Pass
1/18/2022	1	Budget and Finance Committee
1/12/2022	1	Cincinnati City Council	Referred to Budget & Finance Committee

title

ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 1/12/2022, AUTHORIZING the City Manager to accept a rebate in the amount of up to $100,000 from Dynegy Energy Services, LLC and deposit it in the General Fund; AUTHORIZING the City Manager to accept annual rebates in the amount of up to $100,000 from Dynegy Energy Services, LLC and deposit them in the General Fund for each fiscal year from FY 2023 through FY 2026; and AUTHORIZING the Director of Finance to deposit rebates from Dynegy Energy Services, LLC into General Fund revenue account no. 050x8228.

recommendation

PASS EMERGENCY