Loading...
HomeMy WebLinkAbout12415RESOLUTION NO. 12415 A RESOLUTION APPROVING THE TRANSFER AND REPROGRAMMING OF UNENCUMBERED ENERGY EFFICIENCY AND CONSERVATION BLOCK GRANT (EECBG) FUNDS FROM PREVIOUSLY APPROVED PROJECTS TO A “GREENING PUBLIC BUILDINGS” ACTIVITY WHEREAS, the City of Pueblo received an allocation of Energy Efficiency and Conservation Block Grant funding, as authorized under the American Recovery and Reinvestment Act of 2009 (ARRA); and WHEREAS, the City of Pueblo budgeted and appropriated funds in the amount of $1,007,000 through Ordinance No. 8224, setting out the eligible activities to be undertaken under the grant; and WHEREAS, the City of Pueblo has reviewed the progress of those projects and has determined that three activities will have remaining balances upon completion, and additional work can be undertaken in another activity; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The City Council hereby approves the reprogramming and transfer $89,762.81 of unencumbered EECBG funds. The funds are to be transferred from ARE002 -Main Street Efficiency Program - $32,179.25, AREE04 -Energy Efficiency and Conservation Strategy - $1,756.44; and AREE05- Energy Efficiency and Conservation Coordinator - $55,827.12, to AREE01 – Greening Public Buildings. The funds will provide for additional energy efficiency retrofits to City owned buildings. INTRODUCED: May 29, 2012 BY: Chris Nicoll COUNCIL PERSON Background Paper for Proposed RESOLUTION DATE: AGENDA ITEM # M-2 MAY 29, 2012 DEPARTMENT: HOUSING AND CITIZEN SERVICES ADA RIVERA CLARK TITLE A RESOLUTION APPROVING THE TRANSFER AND REPROGRAMMING OF UNENCUMBERED ENERGY EFFICIENCY AND CONSERVATION BLOCK GRANT (EECBG) FUNDS FROM PREVIOUSLY APPROVED PROJECTS TO A “GREENING PUBLIC BUILDINGS” ACTIVITY ISSUE Should the City Council approve the transfer of unencumbered EECBG funds to another eligible activity that provides for energy efficiency retrofits of public buildings? RECOMMENDATION Approval of the Resolution BACKGROUND In an effort to assure that the City meets its required EECBG contractual requirements with the Department of Energy, the Department will closeout three EECBG activities. The resulting unencumbered amount is $89,762.81. It is the recommendation of Staff that the funds be transferred and reprogrammed to activity AREE01- Greening Public Buildings. This will allow for additional energy efficiency retrofits in City owned buildings. FINANCIAL IMPACT The funds are available from unencumbered balances in Fund 240. The amount of EECBG funds that may be reprogrammed is $89,762.81. The funds are to be transferred to project, AREE01- Greening Public Buildings from the following accounts: ARE002 -Main Street Efficiency Program - $32,179.25 AREE04 -Energy Efficiency and Conservation Strategy - $1,756.44 AREE05- Energy Efficiency and Conservation Coordinator - $55,827.12