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Adopt a Resolution and Authorize a Grant Application for the <br />Water Smart Meter and Energy Efficiency Program <br />April 16, 2019 <br />Page 2 <br />In 2016, the City completed an AMI feasibility study to evaluate the applicability and costs <br />associated with an AMI project. The cost of fully deploying such a project for the City is <br />approximately $14,000,000. If a WaterSMART Water and Energy Efficiency Program grant <br />application is successful, the grant funding would offset a significant portion of the cost of the <br />project. <br />The Department of the Interior offers grants through its Bureau of Reclamation's WaterSMART <br />(Sustain and Manage America's Resources for Tomorrow) Water and Energy Efficiency Program <br />to stretch and secure water supplies. This year's funding opportunity includes a total of $24 million. <br />The program provides two levels of funding for $300,000 and up to a maximum of $1.5 million in <br />grant funding for projects resulting in water efficiency, but not to exceed 50 percent of the total <br />project cost. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item supports the City's efforts to meet Goal #6 — Community Facilities & <br />Infrastructure, Objective #1 (establish and maintain a Community Investment Plan for all City <br />assets), Strategy G (develop and implement the City's Capital Improvement Program in <br />coordination with the Community Investment and Deferred Maintenance Plans), <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. Staff will return to Council with a request for <br />ap r val to accept any award under these applications and programs, and will indicate the fiscal <br />irpacof any such awards and associated expenditures at that time. <br />7 <br />Fuad <br />ExecuM Director <br />Public Mrks Agency <br />FM/N <br />Exhibit 1: Resolution Authorizing Grant Application for the AMI Project <br />55B-2 <br />