HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 07/07/2009 - FIRST READING OF ORDINANCE NO. 073, 2009 APPROPRIA ITEM NUMBER: 17
AGENDA ITEM SUMMARY DATE: July 7, Zoos
FORT COLLINS CITY COUNCIL STAFF: Terri Bryant
Patty Bigner
Brian Janonis
SUBJECT
First Reading of Ordinance No. 073,2009 Appropriating Unanticipated Grant Revenue in the Light
and Power Fund for the Energy Star New Homes Program and for the Residential Solar Grant
Program and Authorizing the Transfer of Matching Funds Previously Appropriated in the Light and
Power Operating Budget.
RECOMMENDATION
Staff recommends adoption of the Ordinance on First Reading.
FINANCIAL IMPACT
Light and Power Energy Services has received an additional $22,500 in grant funding from the
Governor's Energy Office (GEO) to fund additional solar rebates for eligible residential solar
installations within the service area. Existing appropriations will be used for the $22,500 in
matching funds required. A $50,000 GEO grant has been received for the ENERGY STAR New
Homes Program. $15,000 in existing appropriations for operations will be used for the City's match
and an additional $35,000 in matching funds will come from other partners in the program.
New appropriations total $72,500. Transfers from the existing appropriations for operations total
$37,500.
EXECUTIVE SUMMARY
This Ordinance appropriates grant funds received from the State of Colorado's Governor's Energy
Office totaling$72,500. $22,500($45,000 with the Utilities match)will be used for the Residential
Solar Program. $50,000 was granted for the implementation of the ENERGY STAR New Homes
Program. This will require a $15,000 match from the Utilities and a $35,000 match from other
program partners. The Utilities funds will be transferred from existing Light and Power operating
appropriations.
BACKGROUND
The City of Fort Collins Utilities received$25,000 in Governor's Energy Office grant funds in July,
2008 to develop and administer residential solar incentives. An additional $25,000 in GEO grant
July 7, 2009 -2- Item No. 17
funding was received in March 2009. The previous grant funds were matched with $50,000 of
existing Light and Power appropriations. The program offered a rebate incentive to Fort Collins
Utilities' residential electric customers to install photovoltaic systems on their homes. Based on the
success of the program, Energy Services staff requested and received additional funding from the
Governor's Energy Office to continue the Residential Solar Rebate Program. The third phase of this
grant is for an additional $22,500, which brings the total GEO solar grant funding to $72,500.
Combined with the Utilities matching funds, the program funded $145,000 for residential solar
rebates.
The ENERGY STAR New Homes Program is a regional collaboration to promote energy efficiency
in new home design and construction. The Utilities received a GEO grant of$25,000 in July 2008
and has been awarded an additional $50,000 for this work in 2009. This requires matching funds
of$50,000, of which$15,000 will be from existing appropriations in the Light and Power Fund and
$35,000 will come from other partners in the program.
ORDINANCE NO. 073, 2009
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE LIGHT
AND POWER FUND FOR THE ENERGY STAR NEW HOMES PROGRAM AND
FOR THE RESIDENTIAL SOLAR GRANT PROGRAM AND AUTHORIZING
THE TRANSFER OF MATCHING FUNDS PREVIOUSLY APPROPRIATED
IN THE LIGHT AND POWER OPERATING BUDGET
WHEREAS, the State of Colorado's Governor's Energy Office (the "GEO") has awarded
to the City of Fort Collins Utilities Energy Service program two new grants in the amounts of
$22,500 and $50,000, respectively, for a total of$72,500 (the "Grant Funds"); and
WHEREAS, the City will use $22,500 of the Grant Funds to promote the Residential
Solar Grant Program, and $50,000 to promote the ENERGY STAR New Homes Program; and
WHEREAS, the Grant Funds require a cash match from the City in the amount of
$37,500 and these funds are currently available from existing 2009 appropriations in the Light
and Power Fund; and
WHEREAS, the programs funded by the grants are designed to aid the City in reaching
Energy Policy goals for energy conservation and renewable energy sources as approved by the
City Council in Resolution 2003-038; and
WHEREAS, Article V, Section 9, of the City Charter permits the City Council to make
supplemental appropriations by ordinance at any time during the fiscal year, provided that the
total amount of such supplemental appropriations, in combination with all previous
appropriations for the fiscal year, does not exceed the current estimate of actual and anticipated
revenues to be received during the fiscal year•, and
WHEREAS, City staff has determined that the appropriation of the Grant Funds as
described herein will not cause the total amount appropriated in the Light and Power Fund to
exceed the current estimate of actual and anticipated revenues to be received in that fund during
the fiscal year; and
WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to
transfer by ordinance any unexpended and unencumbered amount or portion thereof from one
fund or capital project to another fund or capital project, provided that the purpose for which the
transferred funds are to be expended remains unchanged.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. That there is hereby appropriated from unanticipated revenue in the Light
and Power Fund the sum of SEVENTY-TWO THOUSAND FIVE HUNDRED DOLLARS
($72,500) for expenditure in the Light and Power Fund for the Residential Solar Grant Program
and the ENERGY STAR New Homes Program.
Section 2. That the unexpended appropriated amount. of THIRTY-SEVEN
THOUSAND FIVE HUNDRED DOLLARS ($37,500) is hereby authorized for transfer from the
Light and Power operating budget to the Light and Power grant projects for the Residential Solar
Rebate Program and the ENERGY STAR New Homes Program.
Introduced, considered favorably on first reading, and ordered published this 7th day of
July, A.D. 2009, and to be presented for final passage on the 21 st day of July, A.D. 2009.
Mayor
ATTEST:
Deputy City Clerk
Passed and adopted on final reading on the 21 st day of July, A.D. 2009.
Mayor
ATTEST:
City Clerk