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Committee backs use of up to $3.5 million in federal energy credit proceeds for city revolving loan fund

5778731 · June 2, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Budget and Finance Committee advanced a grant ordinance authorizing acceptance and appropriation of up to $3.5 million in federal energy credit proceeds to replenish the city's revolving energy loan fund for future energy projects.

The Budget and Finance Committee put on for passage a grant ordinance that would allow the city to accept and appropriate up to $3.5 million in federal energy credit proceeds for the revolving energy loan fund.

City staff said the funds would be deposited into…

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