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HomeMy WebLinkAboutAM 2022-010 Continue PACAB Ad Hoc Committee thru Dec 2023City of Seward Action Memorandum 2022-010 Meeting Date: October 24, 2022 To: City Council From: Janette Bower, City Manager Agenda Item: Action Memorandum 2022-010: Approving Continuation of the Heat Loop Ad Hoc Committee Until December 31, 2023 Background and justification: City Council approved Resolution 2022-038 on March 14, 2022. This resolution directed PACAB to create and lead an Ad Hoc Committee of interested Community members to identify available funding sources to continue the ground source/Seward District heat system project to completion. The Ad Hoc Committee has continued to work on this project since Resolution 2022-038 was approved. Grant opportunities have been identified, and the Ad Hoc Committee and City Administration is working with a grant writer to apply for a Department of Energy grant. Comprehensive and Strategic Plan Consistency Information This legislation is consistent with (citation listed): Comprehensive Plan: 3.1.1.2 Support efforts to develop alternate energy sources Strategic Plan: Other: Certification of Funds Total amount of funds listed in this legislation: $ This legislation (āœ“): Creates revenue in the amount of: Creates expenditure in amount of: Creates a savings in the amount of: x Has no fiscal impact Funds are (āœ“): Budgeted Line item(s): Not budgeted x Not applicable Unassigned Fund Balance and Available Unrestricted Cash Balance Information Fund (āœ“): General SMIC Electric Wastewater Boat Harbor Parking Wat F1 Healthcare Motor Pool Other Unassigned Fund Balance*: $ *unaudited numbers Available Unrestricted Cash Balance*: $ Finance Signature: Attorney Review RV Yes Attorney Signature: Not applicable Comments: Administration Recommendation eāœ“ Adopt AM Other: DISPOSITION Approved by City Council on October 24, 2022.