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TITLE FOR AGENDA ITEM:
TITLE
Ordinance authorizing an interfund loan to finance cash flow for COVID-19 emergency response
BODY
SUMMARY STATEMENT OR LEGAL NOTICE LANGUAGE:
Requests authorization for a temporary $4 million cash flow loan from the Public Utilities Improvement Fund (EDI Fund) to the COVID-19 Emergency Response Fund to refund the current $1 million emergency cash flow loan and provide for expanded COVID-19 response activities.