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Water Customer Proposed Rebate Offer Under Option 2 <br /> Type <br /> Residential $0.50 per square foot up to 50 percent of cost, up to $500 <br /> Customers <br /> (non-dedicated <br /> irrigation metered) <br /> Dedicated $0.75 per square foot up to 50 percent of cost, up to $4,000 <br /> Irrigation Metered <br /> Customers <br /> (Potable Water) <br /> No additional funding is anticipated to be necessary for the remainder of this fiscal year. <br /> However, an additional $15,000 will be requested through the mid-term FY 2022/23 <br /> budget process in anticipation of increased City WEL Rebate demand during another <br /> likely drought year. The City WEL Rebate terms do stipulate that funding is limited, and <br /> based on a first-come, first-served basis. <br /> Submitted by: Fiscal eview: Approved by: <br /> \LkA3-..\1, <br /> lig -/)14-4— <br /> Kathleen Yurchak Tina Olson Brian Dolan <br /> Director of Operations and Director of Finance Interim City Manager <br /> Water Utilities <br /> Page 6 of 6 <br />