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HomeMy WebLinkAbout1985-033-03/19/1985-AUTHORIZING THE EXECUTION OF A GRANT AGREEMENT BETWEEN THE CITY AND THE STATE OF COLORADO (FOR THE S RESOLUTION 85-33 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE EXECUTION OF A GRANT AGREEMENT BETWEEN THE CITY AND THE STATE OF COLORADO WHEREAS, the office of Energy Conservation of the State of Colorado, utilizing funding originating from the United States Department of Housing and Urban Development, Solar Energy and Energy Conservation Bank program, has offered a grant to the City of Fort Collins ("City") in the sum of $29,000; and WHEREAS, the aforesaid grant is offered to the City upon condition that the City comply with the rules and regulations of the Department of Housing and Urban Development and the State of Colorado pertinent to the Solar Bank program; and WHEREAS, the funds, if received by the City, will be used to provide financial assistance for energy conservation measures made by Fort Collins residents who are at or below eighty percent (80%) of median income level ; and WHEREAS, the Solar Energy and Energy Conservation Bank program (SEEC) is useful and beneficial to the citizens of the City of Fort Collins in coordination with the Zero Interest Loan (ZILCH) program, the Residential Energy Assistance (REACH) program and the Low-Income Energy Assistance (LEAP) program; and WHEREAS, the Council does hereby determine that it is in the best interests of the City of Fort Collins that the Grant Agreement, as afore- said, be executed and presented to the State of Colorado for approval . NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager be, and hereby is, authorized to enter into a Grant Agreement with the State of Colorado for the use and benefit of the Department of Regulatory Agency, Office of Energy Conservation , for the purpose of affording to the City of Fort Collins a grant in the sum of Twenty-Nine Thousand Dollars ($29,000) for the Solar Energy and Energy Conservation Bank program, all in accordance with the rules and regulations of the Department of Housing and Urban Development and the State of Colo- rado pertinent to said Solar Bank program, and such other terms and condi- tions as are contained therein. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 19th day of March, A.D. 1985. Mayo ` A1,64 � ye e ATTEST: AtyL ulerk