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HomeMy WebLinkAbout2011-12-12 Ordinance 5135Ordinance No. 5135 Ordinance of the Council of the City of Palo Alto Amending the Budget for the Fiscal Year 2012 to Provide an Additional Appropriation of $425,000 within the Electric Fund for Two City of Palo Alto Utilities Demand-Side Management Programs The City Council of the City of Palo Alto does ordain as follows: SECTION 1. The City Council of the City of Palo Alto finds and determines as follows: A. Pursuant to the provisions of Section 12 of Article III of the Charter of the City of Palo Alto, the Council on June 20, 2011 did adopt a budget for fiscal year 2012; and B. Council has adopted a number of policies to support increased levels of energy efficiency efforts; and C. On May 16, 2011, Council approved a three-year contract with Ecology Action, Corp. to provide rebates for lighting and other upgrades for businesses; and D. An additional $300,000 funded from the Electric Fund Public Benefit Program Reserve is needed for the Ecology Action program to meet the demand for lighting and efficiency upgrade rebates provided by this program; and E. On May 3, 2010, Council approved a contract with OPOWER, Inc. to admini s ter and del i ver Home Energy Reports to residential customers; and F. An additional $125,000 funded from the Electric Fund Public Benefit Program Reserve is needed to modify the Home Energy Reports and to provide six additional reports to residential customers; and G. City Council authorization is needed to amend the fiscal year 2012 budget to make an additional appropriation of $425,000 to demand-side management program expense for the Ecology Action program and for the Home Energy Reports program. SECTION 2. The sum of Four Hundred Twenty-Five Thousand Dollars ($425,000) is hereby appropriated to demand-side management program expense in the Electric Fund for the Ecology Action program and for the Home Energy Reports program. SECTION 3. The Electric Fund Public Benefit Program Reserve is hereby decreased by the sum of Four Hundred Twenty-Five Thousand Dollars ($425,000). As a result of this change, the " Page 1 of2