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TITLE FOR AGENDA ITEM:
TITLE
Ordinance authorizing an interfund loan to finance cash flow for COVID-19 emergency response (replaces Ord. No. 2020-015 and Ord. No. 2020-017)
BODY
SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE:
Ordinance requests authorization for a $4 million interfund loan from the Pubic Utilities Improvement (EDI) Fund to the COVID-19 Emergency Response Fund to finance cash flow needs.