Paramount
City Council
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.