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15-8122
| 1 | | | Ordinance | Bill 99
Amending the 2025 Capital Fund Budget to provide for a supplemental appropriation of Three Million One Hundred Twenty-Five Thousand Eight Hundred Twenty-Five Dollars and Ninety-Seven Cents ($3,125,825.97) from the Aqueous Film-Forming Foams (AFFF) class action awards to offset the cost of any PFAS remediation systems the City is required to install under federal and state regulations. The 3M settlement payment will be made in ten separate installments through 2033. The first two settlement payments from 3M equal $2,659,283.88. Additionally, there will be two settlement payments from DuPont. The first payment equals $466,542.09 and represents 95% of the Dupont settlement claim. The total from these sources thus far is $3,125,825.97. | | |
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