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1, Deny approval of the proposed Amendment to the Engineering, Procurement And <br />Construction Agreement For Power Generation Project. <br />2. Take no action, <br />FINANCIAL IMPACT: <br />The financial impacts of the Project do not change from the Agreement that was <br />approved by the City Council. As mentioned above, revisions would be made to the <br />prices for certain phases of the work to be performed by Noresco. However, such <br />revisions would not change the total price that was originally approved. <br />ENVIRONMENTAL IMPACT, <br />The environmental impacts of the Project would not change from the Agreement that <br />was approved by the City Council. <br />It is recommended that the City Council approve the proposed Amendment to the <br />Engineering, Procurement And Construction Agreement For Power Generation Project. <br />Report Prepared By: Dean Derleth, City Attorney <br />2VT 73MS`',655741 <br />-2- <br />