Title
Subject: Communication from the Commissioner of Public Works/City Engineer requesting funding for ARRA energy projects due to delays in recovering federal funds. (Res.09-1669)
Recommendation of the Finance & Personnel Committee on 10-26-09: Recommend that up to $795,000 be advanced from City funds to begin work on ARRA Energy Projects with the stipulation the City receive a letter guaranteeing the Federal Government will be issuing the funds and allowing the City to spend the money before they issue the City a line of credit.
Fiscal Note: There are sufficient funds available for the advance.