SUBJECT
title
Public Hearing and Introductory Ordinance authorizing the City Manager to accept and execute a grant for the Energy Efficiency and Conservation Block Grant (EECBG) Program - Bipartisan Infrastructure Law 2021 to the United States Department of Energy (DOE) in the amount of $271,290.00, with no matching funds and amending the City of Laredo’s FY 2024 annual budget for the Environmental Services Fund by appropriating revenues and expenditures in the amount of $271,290.00. Funds will be utilized for upgrading the decorative street lighting and solar trash compactors in downtown. Funding is available under Environmental Services Fund.
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PREVIOUS COUNCIL ACTION
Passage of Resolution 2023-R-127 on 6/20/2023
BACKGROUND
The Bipartisan Infrastructure Law of 2021 appropriated $550 million for the Energy Efficiency and Conservation Block Grant (EECBG) Program. The Energy Efficiency and Conservation Block Grant program assists local and tribal governments in planning and implementing programs and policies to reduce energy use, reduce fossil fuel emissions and improve energy efficiency. Under the EECBG program the City of Laredo is eligible to receive $271,290.00 in funding. The Environmental Services Department has developed a general plan for distribution/use of these funds in the following categories: Replacement of downtown decorative street lighting and solar trash compactors.
COMMITTEE RECOMMENDATION
NA
STAFF RECOMMENDATION
recommendation
Introduction of the Ordinance.
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Fiscal Impact
Fiscal Year: 2024
Budgeted Y/N?: Y
Source of Funds: Environmental Services Fund
Account #: See below.
Change Order: Exceeds 25% Y/N: N
FINANCIAL IMPACT:
Funding is available under Environmental Services Fund, accounts:
Revenues
249-0000-321-2007
$271,290.00
Expenses
249-3874-XXX-XXXX
$271,290.00