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HomeMy WebLinkAbout2009-12-14 Ordinance 5067Ordinance No. 5067 Ordinance Of The Council Of The City Of Palo Alto Amending The Budget For Fiscal Year 2010 To Provide An Additional Appropriation Of $279,583 Within The Electric Fund To Expand Commercial Energy Efficiency Programs The Council of the City of Palo Alto does ordain as follows: SECTION 1. The Council of the City of Palo Alto finds and determines as follows: A. Pursuant to the provisions bf Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 15, 2009 did adopt a budget for Fiscal Year 2010; and B. In September 2006, California Assembly Bill 2021 was signed and required publicly-owned utili ties to set goals for energy efficiency programs and to implement and fund third-party measurement and verification of these programs; and C. In April 2007, the Council approved the City's Ten-Year Energy Efficiency Portfolio plan which identifies and sets goals for energy conservation and efficiency programs; and D. In June 2008, the Council approved a contract with Ecology Action to expand the Ci ty of Palo Alto Utili ties' commercial energy efficiency programs to provide installation of energy efficient equipment to small and medium businesses; and E. Funding for the contract wi th Ecology Action resides within the Public Benefit Functional Area of the Electric Fund; and F. An amendment to the contract wi th Ecology Action will increase both the types of energy efficient equipment available to businesses and the number of customers who can be served; and G. This contract amendment requires an additional $279,583 in Fiscal Year 2010 to expand commercial energy efficiency programs; and H. To provide additional funding for commercial energy efficiency programs in Fiscal Year 2010, it is necessary to transfer $279,583 from the Public Benefit Program Reserve to the Public Benefit Functional Area; and I. City Council authorization is needed to amend the Fiscal Year 2010 budget to make an additional appropriation of $279,583 for demand-side management incentives expense to provide addi onal funding to expand commercial energy efficiency programs. =======-=. The sum of Two Hundred Seventy-Nine Thousand Five Hundred Eighty-Three Dol ($279,583) is hereby appropriated to demand-side management incentives expense in the Public Benefit Functional Area in the c Fund. The Public Benefit Program Reserve is hereby reduced by Two Hundred Seventy-Nine Thousand Hundred Eighty- Three Dollars ($279,583) to Three Million Sixty-Nine Thousand Nine Hundred Fifty-Five Dollars ($3,069,955). SECTION 4. As specified in Section 2.28.080(a) of the Palo Al to Municipal Code, a two thirds vote of the City Council is required to adopt this ordinance. SECTION 5. As provided in Section 2.04.330 of the Palo Alto Municipal Code, this ordinance shall become effective upon adoption. INTRODUCED AND PASSED: AYES: NOES: ABSTENTIONS: ABSENT: APPROVED AS TO FORM: DECEMBER 14. 2009 BARTON, BURT, DREKMEIER, ESPINOSA, KISHIMOTO, KLEIN, MORTON, SCHMID, YEH APPROVED: _--:-_~--=--=-=~------:-\.._"' .• '_'~~_::\~-<"",--__ ~ .. ~ VtJe~~e... ;:;~ Senior Asst. City Attorney Director of Gt· ities