HomeMy WebLinkAboutr10414cityofsloauthorizingtheapplicationforanemergyefficiencyloanfromthecaenergycommissionRESOLUTION NO . 10414 (2012 Series )
A RESOLUTION OF THE CITY OF SAN LUIS OBISPO AUTHORIZING TH E
APPLICATION FOR AN ENERGY EFFICIENCY LOAN FROM TH E
CALIFORNIA ENERGY COMMISSIO N
WHEREAS,the California Energy Commission provides loans to schools, hospitals ,
local governments, special districts, and public care institutions to finance energy efficiency
improvements ; and
WHEREAS,the City of San Luis Obispo supports reducing its energy usage and carbo n
footprint; and
WHEREAS,the City owns and operates over two thousand street lights that can b e
converted to a lower power usage LED fixture .
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of San Lui s
Obispo, the following findings :
SECTION 1 .The City desires to apply for an energy efficiency loan from the Californi a
Energy Commission to implement energy efficiency measures ; and that if recommended fo r
funding by the California Energy Commission, the City will accept a loan of up to $1,293,980 .
SECTION 2 . That in compliance with the California Environmental Quality Act, th e
conversion of the street light system to LED that is funded by the loan is exempt under Title 1 4
of the California Code of Regulations, Section 15302 because it is the replacement of existin g
facilities at the same location with the same purpose .
SECTION 3. That the amount of the loan will be paid in full, plus interest, under th e
terms and condition of the Loan Agreement, Promissory Note, and Tax Certificate of th e
California Energy Commission .
SECTION 4 . The City Manager is authorized and empowered to execute in the name o f
the City, all necessary documents to implement and carry out the purpose of this resolution, an d
to undertake all actions necessary to undertake and complete the street light conversion .
Upon motion of Council Member Carter, seconded by Vice Mayor Smith, and on th e
following roll call vote :
AYES :
Council Members Ashbaugh, Carpenter and Carter, Vice Mayor Smith
and Mayor Marx
NOES :
None
ABSENT : None
R 10414
Resolution No . 10414 (2012 Series )
Page 2
The foregoing resolution was adopted this 4th day of December 2012 .
ATTEST :
City Clerk
APPROVED AS TO FORM :
J [fi r istine Dietric k
City Attorney