HomeMy WebLinkAboutResolution 2014-0066TITLE:
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 66
Series of 2014
A RESOLUTION AMENDING THE FISCAL YEAR 2014 GENERAL
FUND BUDGET TO REFLECT THE APPROVAL OF A
SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF
$77,662.80 FOR A DEPOSIT TO PURCHASE SOLAR PANELS IN THE
CLEAN ENERGY COLLECTIVE COMMUNITY-OWNED SOLAR ARRAY
WHEREAS, the City of Wheat Ridge received two proposals to participate in a
solar garden agreement through Xcel Energy 's Solar Rewards Community program ;
and
WHEREAS , City Council is supportive of demonstrating the City's commitment to
sustainability, sustainable community solutions and saving taxpayer dollars; and
WHEREAS, a consensus was reached by City Council to finalize contract
negotiations with Clean Energy Collective to purchase solar panels in its Jefferson
County solar array; and
WHEREAS, a 10 percent, refundable deposit in the amount of $77,662 .80 is
required to reserve the City's solar panels while contract negotiations and financing are
being finalized .
NOW, THEREFORE, BE IT RESOLVED by the City Council of Wheat Ridge,
Colorado, as follows:
A. The City Council aut horizes the transfer of $77 ,662 .80 from the General Fund
undesignated reserves to account number 01-610-700-799 and amending the 2014
fiscal year budget accordingly.
DONE AND RESOLVED this B"' day o cemb
--~~~~~r------------------------------------Joice
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