24-1433
Adopt a Resolution to Amend the FY2023-24 Capital Improvement Program (CIP) Budget and Approve a Loan Agreement It is recommended that the City Council take the following actions: 1) Adopt the following resolution: RESOLUTION NO. 2024-82 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA, AMENDING THE FY2023-24 CAPITAL IMPROVEMENT PROGRAM (CIP) BUDGET BY INCREASING REVENUE ESTIMATES BY $568,500 FROM SOCALREN REVOLVING SAVINGS FUND LOAN PROCEEDS AND BY CREATING A NEW PROJECT, “POMONA POLICE STATION/FIRE STATION 181 ENERGY EFFICIENCY UPGRADES,” PROJECT NO. 428-2590-XXXXX-71119, AND APPROPRIATING THIS $568,500 OF SOCALREN REVOLVING SAVINGS FUND LOAN PROCEEDS TO THE PROJECT 2) Approve a loan agreement between the City of Pomona and the County of Los Angeles in the amount of $568,500 for a SoCalREN Revolving Savings Loan; and, 3) Authorize the City Manager to execute a loan agreement on behalf of the City of Pomona with the County of Los Angeles to fund energy efficient equipment replacements, contingent on City Attorney review.
What this record is
- Amount
- $569K
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- amendment
- Field
- Public safety
public safety contracts in CA that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council and Housing Authority
- Requested by
- Water / Wastewater
- Introduced
- May 16, 2024
- On agenda
- June 3, 2024
Where it was heard
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