From: Twigg, George
Sent: Tuesday, March 18, 2008 6:45 PM
To: Peters, Tammy; Rhodes-Conway,Satya
Cc: Hoffman, Jeanne; Simon, Debra
Subject: ID #09338 (Power Plant Study)

Hello:

Through my oversight (sorry Tammy!), this item appeared for introduction on tonight's CC agenda. DOA has graciously agreed to delay our required payment of $25,000 to 2009, so we can place this item on file and include this expense in our 2009 operating budget.

We were strongly urged to avoid this expenditure from the Conginent Reserve in 2008 by the Comptroller's Office, which provided the following fiscal note:

Currently, $971,000 is available in the Contingent Reserve. There are, however, known costs in 2008 that have been funded by Contingent Reserve in the past. Using Contingent Reserve as the exclusive funding source for these costs would consume the balance of $971,000.

Sorry for any inconvenience or confusion this has caused. Please contact me if you have any questions.

George Twigg

Communications Director

Office of Mayor Dave Cieslewicz

(608) 266-4611