City Council - June 10, 2024 - Minutes - City of Richmond, BC

10 . FCM FEASIBILITY STUDY ON FINANCING OPTIONS FOR ENERGY RETROFITS TO EXISTING GROUND-ORIENTED HOUSING (File Ref. No. 03-1090-22; 10-6125-07-01) (REDMS No. 7562606) ( 1 ) That Council endorse a funding application in the amount of $175,000, to be submitted to the Federation of Canadian Municipalities (FCM), to conduct a feasibility study on a low-interest energy retrofit financing program for existing ground-oriented residential buildings; ( 2 ) That the Chief Administrative Officer and General Manager, Engineering and Public Works, be authorized to enter into a funding agreement with FCM, should the application be successful; and ( 3 ) That the Consolidated 5 Year Financial Plan (2024-2028) be amended accordingly. ADOPTED ON CONSENT

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