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NI <br />TO: MAYOR AND CITY COUNCIL <br />FROM: MALCOLM FLEMING <br />CITY MANAGER <br />DATE: MAY 13, 2008 <br />SUBJECT: DISCUSSION - HB 1350, FACILITATION OF THE FINANCING OF <br />RENEWABLE ENERGY <br />ORIGINATING DEPARTMENT: CITY MANAGER'S OFFICE <br />SUMMARY: <br />Please find attached numerous materials ors HB 1350, which provides authority for local <br />governments and the state to issue low interest loans such that residents and businesses can <br />implement energy efficient measures and install renewable energy technologies. The <br />authorization speaks to those specific financing methods allowed such as private activity bond <br />financing, county and municipal financing authority and local improvement district and street <br />improvement district financing. The bill as of May 5, 2008 is attached, the bill history, the fiscal <br />impact note, and some facts sheets preparE;d by Boulder County and other public and non- <br />profit entities. <br />SUBJECT <br />Discussion - HB 1350, Facilitation of the <br />Financing of Renewable Energy <br />AGENDA ITEM <br />