3.2 24-0218 Subject: Amending The City's Contract With Enovity Inc. To Include The California Energy Commission's Energy Conservation Assistance Act Low-Interest Loan Program From: Office Of The City Administrator Recommendation: [TITLE CHANGE] NEW TITLE: Recommendation: Adopt A Resolution Authorizing The City Administrator To (1) Amend The City Of Oakland's Contract With Enovity Inc. To Include The California Energy Commission's Energy Conservation Assistance Act Low-Interest Loan Program; (2) Execute A 20-Year Loan Agreement For A Low-Interest Loan In An Amount Not To Exceed Three Million Dollars ($3,000,000) To Address Critical Repairs At The Oakland Ice Center; And (3) Accept And Appropriate A Federal Investment Tax Credit Direct Payment In An Amount Not To Exceed Four Hundred Fifty Seven Thousand Six Hundred Eighty Dollars ($457,680); And Authorizing Biannual Payments In An Amount Not To Exceed Eighty-Three Thousand One Hundred Twenty-Three Dollars ($83,123) Over The Life Of The Loan OLD TITLE: Adopt A Resolution Authorizing The City Administrator To (1) Amend The City Of Oakland's Contract With Enovity Inc. To Include The California Energy Commission's Energy Conservation Assistance Act Low-Interest Loan Program; (2) Execute A 20-Year Loan Agreement For A Low-Interest Loan In An Amount Not To Exceed Three Million Dollars ($3,000,000) To Address Critical Repairs At The Oakland Ice Center; And (3) Accept A Federal Investment Tax Credit Direct Payment In An Amount Not To Exceed Four Hundred Fifty Seven Thousand Six Hundred Eighty Dollars ($457,680); And Authorizing Biannual Payments In An Amount Not To Exceed Eighty-Three Thousand One Hundred Twenty-Three Dollars ($83,123) Over The Life Of The Loan; On The April 9, 2024 Public Works And Transportation Committee Agenda