HomeMy WebLinkAboutR-10958 Authorizing reimbursement to the Calif Energy Commission RESOLUTION NO. 10958 (2018 SERIES)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN LUIS
OBISPO, CALIFORNIA, AUTHORIZING REIMBURSEMENT TO THE
CALIFORNIA ENERGY COMMISSION FOR FINANCING THE WATER
ENERGY EFFICIENCY PROJECT
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 desires to install certain energy efficiency
upgrades with the Water Energy Efficiency Project (the"Project"); and
WHEREAS;the City of San Luis Obispo desires to finance the cost of the construction of
the Project.
NOW THEREFORE,BE IT RESOLVED,by the Council of the City of San Luis Obispo
as follows:
SECTION 1. The Director of Utilities, or Deputy Director Utilities — Water, is hereby
authorized to apply for the loan from the California Energy Commission to implement energy
efficiency measures.
SECTION 2. Environmental Determination. In compliance with the California
Environmental Quality Act (CEQA), the City Council of the City of San Luis Obispo finds that
the activity funded by the loan is a project that is exempt under Class 1, Existing Facilities and
Class 28, Small Hydroelectric Projects at Existing Facilities.
SECTION 3.If recommended for funding by the California Energy Commission,the City
Council authorizes the City of San Luis Obispo to accept a loan up to $3,000,000 for the Water
Energy Efficiency Project.
SECTION 4.The amount of the loan will be paid in full,plus interest,under the terms and
conditions of the Loan Agreement, Promissory Note and Tax Certificate of the California Energy
Commission.
R 10958
Resolution No. 10958 (2018) Page 2
SECTION 5. The Director of Utilities, or Deputy Director Utilities — Water, is hereby
authorized and empowered to execute in the name of the City of San Luis Obispo all necessary
documents to implement and carry out the purpose of this resolution, and to undertake all actions
necessary to undertake and complete the Water Energy Efficiency project.
Upon motion of Vice Mayor Christianson, seconded by Council Member Rivoire, and on the
following roll call vote:
AYES: Council Members Gomez, Pease and Rivoire,
Vice Mayor Christianson and Mayor Harmon
NOES: None
ABSENT: None
The foregoing resolution was adopted this 13th day of November 2018.
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City Clerk
APPROVED AS TO FORM:
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R 10958