REPORT TO THE CITY COUNCIL
June 9, 2016
FROM: SCOTT L. MOZIER, PE, Director
Public Works Department
BY: SCOTT KRAUTER, PE, Special Projects Engineer
Public Works Department, Administration Division
SUBJECT:
Title
Actions Pertaining to a General On-Bill Financing Loan:
1. Approve an agreement with Pacific Gas & Electric (PG&E) with the maximum amount of $250,000, for a General On-Bill Financing Loan to replace certain high pressure sodium (HPS) street light fixtures with more energy efficient light-emitting diode (LED) fixtures throughout the City.
2. ***RESOLUTION - 44th amendment to the Annual Appropriation Resolution (AAR) No. 2015-104 appropriating $38,600 of Measure C flexible funding to begin the Citywide LED Retrofit of Street Lights - Phase I project (Requires 5 affirmative votes)
Body
RECOMMENDATIONS
Staff recommends that the City Council approve a loan agreement with PG&E, with the maximum amount of $250,000 to purchase and install new energy efficient LED Fixtures to replace existing high wattage, high pressure sodium fixtures. Staff also recommends City Council authorize the Public Works Director to sign the Agreement on behalf of the City; and, to sign amendments to the agreement as needed provided the loan amount of $250,000 is not exceeded
Also, staff recommends that the City Council adopt the 44th Amendment to the Annual Appropriation Resolution No. 2015-104, to appropriate $38,600 in Measure C Flexible funds to begin the capital project and to complete the retrofit. (Requires 5 affirmative votes)
EXECUTIVE SUMMARY
The California Public Utilities Commission (CPUC) has an On-Bill Financing program to provide a zero percent loan for up to $250,000 for local agencies to replace existing street lights with more energy efficient fixtures. The loan, with PG&E as the electrical utility, is paid back by the City on the monthly utility bills from the energy savings achieved by the more energy efficient fixtures. To utilize thi...
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