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HomeMy WebLinkAboutReso 1997-18767 RESOLUTION NO. 18767 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING $251,750 LOAN FROM THE TRUNK SEWER CAPITAL RESERVE FUND, APPROPRIATING THE LOAN PROCEEDS AND UNANTICIPATED REVENUE FROM THE SDG&E INCENTIVE PROGRAM TO A NEW CIP - TRAFFIC SIGNAL LAMP REPLACEMENT PROGRAM AND AUTHORIZING THE MAYOR TO EXECUTE A COMMERCIAL INDUSTRIAL INCENTIVE AGREEMENT WITH SAN DIEGO GAS & ELECTRIC COMPANY FOR THE REPLACEMENT OF INCANDESCENT LAMPS TO LIGHT EMITTING DIODE LAMPS WHEREAS, the City is in a position to save approximately $88,000 per year in energy costs (1,316,874 kWh) by switching the red traffic signal indication Lamps from incandescent lamps to light emitting diode lamps; and WHEREAS, San Diego Gas & Electric Company has an incentive program that offers up to $15.00 rebate per light; and WHEREAS, the relamping project must be completed by December 1, 1997 in order to receive the incentive; and WHEREAS, this project is part of the City's overall Carbon Dioxide Reduction and Energy Conservation Plan. NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does hereby authorize a $251,750 loan from the Trunk Sewer Capital Reserve Fund and appropriating the loan proceeds and $23,250 in unanticipated revenue from the SDG&E Incentive program to a new CIP - Traffic Signal Lamp Replacement Program. BE IT FURTHER RESOLVED that the City Council does hereby approve and the Mayor is hereby authorized to execute a Commercial Industrial Incentive Agreement with San Diego Gas & Electric Company for the replacement of incandescent lamps to light emitting diode (L.E.D.) lamps, a copy of which shall be kept on file in the office of the City Clerk as Document No. CO97-148. BE IT FURTHER RESOLVED that the Purchasing Agent is authorized to cooperatively purchase L.E.D. lamps through City of San Diego contract with Synchronex. Presented by Approved as to form by Resolution 18767 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 26th day of August, 1997, by the following vote: AYES: Councilmembers: Padilia, Rindone, Salas, and Horton NAYES: Councilmembers: None ABSENT: Councilmembers: Moot ABSTAIN: Councilmembers: None ~Horton, Mayor ATTEST: ~Authelet, City Clerk F' STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Resolution No. 18767 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 26th day of August, 1997. Executed this 26th day of August, 1997. ~the~l~t, ~