Meeting
City Council May 5, 2026
Body
City of Moreno Valley
Date
May 04, 2026
Jurisdiction
State & Local
The City Council meeting of Moreno Valley on May 5, 2026, included several special presentations recognizing community initiatives and city departments such as building safety, public works, and municipal clerks. The council approved the financing of the 2026 electric system revenue bonds not to exceed $150 million to fund capital improvements for the city's electric utility system, including battery storage, microgrids, and electric vehicle infrastructure, as well as refinancing existing debt. The bond issuance aims to stabilize utility rates and support future infrastructure projects. Additionally, the council approved the annual action plan for federal HUD funds, allocating approximately $2.2 million in CDBG, $2.7 million in HOME, and $246,000 in ESG funds to various housing and community programs. The meeting also included approval of multiple public art projects for utility box art, with funding of $500 per approved design. A motion was passed to discuss potential support programs for children's initiatives in future agendas. No votes were taken on the Parks and Senior Citizens Commission annual reports, which were received and filed.
Source
City of Moreno Valley