File #: RES 24-026    Version: 1 Name: Reimbursement Resolution
Type: Resolution Status: Agenda Ready
File created: 12/2/2024 In control: City Council
On agenda: 12/10/2024 Final action:
Title: Consider a reimbursement resolution for the Dry River and North River intake screens projects
Attachments: 1. Memorandum, 2. Reimbursement Resolution

Subject:

Title

Consider a reimbursement resolution for the Dry River and North River intake screens projects

Body

Presented By:  City Staff

Recommendation and Review

The city currently has two approved public utilities projects in the Capital Improvement Program (CIP). Recently, funding was approved by city council to fund the initial engineering and design work for these projects. This resolution will allow the city to reimburse itself for these costs from future debt proceeds.