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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
Attachments: 1. Transmittal, 2. Ordinance, 3. 10-2022, 4. 10-2022 T

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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