Ordinance 66026

Summary

An Ordinance authorizing and directing the Comptroller and the Director of Streets, on behalf of the City of St. Louis, to enter into and execute a Loan Agreement and other documents required by the Loan Agreement with the Missouri Department of Natural Resources to fund an Energy Efficiency Leveraged Loan Program (“Program”); further appropriating an amount not to exceed One Million Five Hundred Ninety-Seven Thousand, Four Hundred and Thirty-One ($1,597,431.00) Dollars from the Capital Improvement Fund, authorizing the Comptroller and the Director of Streets, on behalf of the City, to expend said appropriated funds by entering into contracts or otherwise, authorizing and directing the reimbursement funds from the Program to be deposited and credited to the Capital Improvement Fund, and containing an emergency clause.

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