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San Jose Ca.Gov
File #: 25-578    Version: 1
Type: Consent Agenda Status: Agenda Ready
File created: 5/20/2025 In control: City Council
On agenda: 6/3/2025 Final action:
Title: Amendment to City Council Policy 1-24, San José Clean Energy Financial Reserves Policy.
Attachments: 1. Memorandum, 2. Resolution

...Title

Amendment to City Council Policy 1-24, San José Clean Energy Financial Reserves Policy.

...Recommendations

Adopt a resolution amending City Council Policy 1-24, San José Clean Energy Financial Reserves Policy, to increase the maximum contribution amount to the Rate Stabilization Reserve for the San José Clean Energy program to 25% of the total operating and non-operating revenues reported for the current year. 

CEQA: Not a Project, File No. PP17-008, General Procedure and Policy Making resulting in no changes to the physical environment. (Finance/Energy)