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HomeMy WebLinkAboutAgenda Statement 1982/07/13 Item 9 r COUNCIL AGENDA STATEMENT Item 9 Meeting Date 7/13/82 ITS Ar li M TITLE: Resolution ~a'13 Accepting Public Improvements - Street Light Conversion From Mercury Vapor to High Pressure Sodium Vapor MITTED BY: City Engineer f` / (4/5ths Vote: Yes No X ) ~w Electric completed the project to convert 306 mercury vapor street its to high pressure sodium vapor street lights on June 22, 1982. It is my NDATION: That the City Council accept these improvements. DI /COMMISSION RECOMMENDATION: Not applicable. ION: The work consisted of converting mercury vapor street lights to high pressure sod um vapor. Originally 330 lights were included in this contract. However, pri r to the contract work, City crews installed 24 new luminares at locations whe a the existing mercury vapor lamps had burned out. The~work was completed to the satisfaction of the City Engineer and it is now app opriate that the City accept this project. FIN~-NCIAL STATEMENT: Fun s budgeted in project RS-30 $15,000.00 Fun s budgeted in project RS-31 38,000.00 Tot 1 funds budgeted X53,000.00 Fun s expended for luminaires 37,673.52 X15,326.48 Fun s encumbered for engineering 1 395.00 Fund balance X13,931.48 Cont act cost $ 6,091.50 Bala ce of available funds ~7~839,gg b~ the City Council of C ufa Vista, California Date 7- / ,3 - ~Z r Page 2, Item 9 Meeting Date 7/13/82 FISCAL IMPACT: Th~ annual cost for operating street lights in the City will be reduced as fo lows: Previous Mercury Vapor Street Li hts 310 lights x $8.07/mo. x 12 mo/yr = 30,020.40/yr 20 lights x 16.78/mo. x 12 mo/yr = 4,027.20/yr Modified 310 lights x $5.75/mo. x 12 mo/yr = 21,390.40/yr 20 lights x 11.67/mo. x 12 mo/yr = 2,800.20/yr Annual Savings $9,856.80/yr Thi<, DWW: WPC equates to a 22% return. dl 0059E i~93~