HomeMy WebLinkAboutReso 2013-170 RESOLUTION NO. 2013-170
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA AMENDING THE FISCAL YEAR 2014
BUDGET TO APPROPRIATE 523.853 IN COMMUNITY LOAN
REPAYMENTS INTO THE "OTHER EXPENSES" BUDGET
CATEGORY OF THE AMERICAN RECOVERY &
REINVESTMENT ACT FUND TO CONTINUA'. OFFERING
LOW-INTEREST ENERGY UPGRADE FINANCING TO
RESIDENTS THROUGH THE CHULA VISTA HOME
UPGRADE, CARBON DOWNGRADE PROGRAM
WHEREAS, as part of the American Recovery & Reinvestment Act of 2009, the City of
Chula Vista was allocated Energy Efficiency & Conservation Block Grants (EECBG) to
implement strategies to reduce energy use and lower fossil fuel emissions (Resolution No. 2009-
256); and
WHEREAS, a key component of the City's EECBG implementation was establishing the
Chula Vista Home Upgrade, Carbon Downgrade program to facilitate home energy upgrades;
and
WHEREAS, a portion of the Home Upgrade, Carbon Downgrade program funding was
used to create a revolving loan fund to provide low-interest financing to community members;
and
WHEREAS. over $200,000 of loan funds have been distributed to community members
to install more efficient insulation, hot water heaters, air conditioners, furnaces, and solar
photovoltaic panels; and
WHEREAS. the City has received $23,853 in loan repayments from the past projects,
which it now seeks to reinvest into the revolving loan fund to continue offering community
energy upgrade loans.
NOW. THEREFORE, the City Council of the City of Chula Vista does hereby resolve by
way of 4/5 vote that it appropriate $23,853 in community loan repayments into the "Other
Expenses" budget category of the American Recovery & Reinvestment Act Fund.
Presented by Approved as to form by
Atervir
Richari • Ho. •i en R. G■ogins
Director of Publi 'orks C y A ey
Resolution No. 2013-170
Page No. 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 13th day of August 2013 by the following vote:
AYES: Councilmembers: Bensoussan, Ramirez, Salas and Cox
NAYS: Councilmembers: None
ABSENT: Councilmembers: Aguilar
Cheryl Cox, Mayor /
ATTEST:
Donna R. Norris, CMC, City Clerk
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 2013-170 was duly passed, approved, and adopted by the City Council at a
regular meeting of the Chula Vista City Council held on the 13th day of August 2013.
Executed this 13th day of August 2013.
ALLica "CcCAArl
Donna R. Norris, CMC, City Clerk