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HomeMy WebLinkAboutReso 2010-085RESOLUTION NO. 2010-085 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA (1) ACCEPTING $1,999,806 IN LOAN FUNDS FROM THE CALIFORNIA ENERGY COMMISSION TO INSTALL ENERGY EFFICIENT LIGHTING AND SOLAR PHOTOVOLTAIC SYSTEMS AT MULTIPLE MUNICIPAL FACILITIES, (2) APPROPRIATING $1,999,806 IN LOAN FUNDS TO THE CITY'S ENERGY CONSERVATION FUND, (3) ESTABLISHING A NEW CAPITAL IMPROVEMENT PROJECT -MULTI-SITE ENERGY EFFICIENT LIGHTING (GG210), (4) AMENDING THE FISCAL YEAR 2009/2010 CAPITAL IMPROVEMENT PROGRAM, AND (5) APPROPRIATING $1,999,806 OF ENERGY CONSERVATION FUNDS TO GG210 AND TO EXISTING CIP GG208 (MUNICIPAL SOLAR PHOTOVOLTAIC SYSTEMS) WHEREAS, as part of the City's Energy Efficiency & Conservation Block Grant Strategy, staff was authorized to pursue up to $9.1 million of low-interest financing from the California Energy Commission (CEC) and San Diego Gas & Electric (SDG&E) to fund the installation of energy efficiency and renewable energy technologies at municipal facilities (as amended under Resolution #2010-064); and WHEREAS, as a result, the City of Chula Vista was recently awarded a $1,999,806 CEC loan to finance the installation of energy efficient lighting and solar photovoltaic systems at multiple municipal sites; and WHEREAS, the loan will also be supplemented by $874,300 of Energy Efficiency & Conservation Block Grants and $772,817 of Califomia Solar Initiative incentives further reducing the projects' net implementation costs; and WHEREAS, these projects will contribute to reducing Chula Vista's overall energy consumption and its associated greenhouse gas emissions; and WHEREAS, once the loan is repaid (simple payback = 10.95 years), the City's General Fund would realize the full energy cost savings annually; and WHEREAS, in addition, the City will realize more immediate energy cost savings as utility rates increase every few years and as routine replacement lighting purchases are avoided. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby: Resolution No. 2010-085 Page 2 Accept $1,999,806 in loan funds from the California Energy Commission to install energy efficient lighting and solar photovoltaic systems at multiple municipal facilities; and 2. Appropriate $1,999,806 in loan funds to the CIP expenditure category of the City's Energy Conservation Fund; and 3. Establish a new Capital Improvement Project -Multi-Site Energy Efficient Lighting (GG210); and 4. Appropriate Energy Conservation Funds to GG210 and existing CIP GG208 (Municipal Solar Photovoltaic Systems). Presented by ~ I~ ~ -- Michael Meacham Director of Conservation and Environmental Services Approved as to form by Resolution No. 20] 0-085 Page 3 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 20th day of Apri12010 by the following vote: AYES: Councilmembers: NAYS: Councilmembers: ABSENT: Councilmembers: ABSTAIN: Councilmembers: Bensoussan, Ramirez, Thompson and Cox None None Castaneda n Cheryl Cox, ~ ay r ATTEST: O Donna R. Norris, 'MC, ~ Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA I, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2010-085 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 20th day of Apri12010. Executed this 20th day of Apri12010. 0 Donna R. Norris, CMC, rty Clerk