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Green Building Municipal Ordinance 4 May 5, 2008 <br />are provided to the public free of charge. Two public events have been held or are planned: a <br />homeowner/local builder event in October 2007 and a regional builder/developer event in May <br />2008. <br />Fiscal Impact <br />Certain City projects would be subject to the Ordinance. However, the additional expense related <br />to first costs in construction of green building projects would be offset by reduced operational <br />expenses over the lifetime of the City-owned buildings. Additionally, the Import Mitigation <br />funds provided to the City of approximately $90,000 yearly, are contingent upon the passage of <br />this ordinance by June 30, 2008. <br />Budget Authority <br />Not applicable <br />Attachments: <br />Not applicable <br />CONCLUSION <br />This ordinance will support the City's goals in energy reduction as well as economic and <br />environmental help. Staff recommends that the City Council adopt this ordinance to establish a <br />minimum Silver U.S. Green Building Council LEEDT'" rating for all City projects of renovation <br />and new construction valued over $3 Million. <br />