Paramount

City Council

April 23, 2024 Item #17

Agenda Item 17

17. APPROVAL AUTHORIZATION TO ADD A NEW CAPITAL IMPROVEMENT\nPROJECT TO THE FISCAL YEAR 2023-24 BUDGET –\nADVANCED METER INFRASTRUCTURE (CITY PROJECT NO.\n9414)\nRecommended Action: 1) Authorize a new Capital Improvement\nProject - Advanced Metering Infrastructure (City Project No. 9414);\nand 2) Appropriate $11,236,354 funded by a lease agreement with\nBanc of America Public Capital Corp.