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HomeMy WebLinkAboutStaff Report 4.A 1/7/2013 extd Itt✓wv#4.A i �p•L.:lr,� . /852 DATE: January 7, 2013• TO: Honorable Mayor and Members of the City Council through City Manager FROM: Dan St. John, F.ASCE —Director, Public Works and Utilities Larry Zimmer—.Capital Improvements Division Manager SUBJECT: Resolution Authorizing an Increase in the Swim Center Energy Efficiency Project Budget and Transfer of Funds • RECOMMENDATION It is recommended that the City Council adopt the attached,resolution authorizing an increase in the Swim Center Energy Efficiency Project Budget and the transfer of funds. BACKGROUND Pacific Gas and Electric (PG'&E),administersthe On-Bill Financing:Loan Program for municipalities to implement:energy.efficiency°projectsiwith a ten year or less pay back. The initial capital is loaned by PG&E.and`paid back through the savings in energy costs on the municipality%s.monthly-bill. The program allows a municipality to borrow up to one million dollars for qualified projects where the energy savings will pay back the capital costs covered by the PG&E loan within one=hundred:and twenty (120) months: Once the energy efficiency project has been fully implemented and:approved by PG&E, the utility bill for the project will be set to a typical monthly payment and the term of reimbursement"will be calculated based upon the savings between the typical payment and the actual energy costs. If the cost of implementing an energy efficiency measure changes, the payback period will change. This is acceptable to PG&E as longas the term of the loanwill not exceed ten years. The'PG&E loan document will not be executed until the implementation.costs are setiby contractor bids. The City Council:previouslyapproved resolution 2011-170 authorizing the City Manager to execute theioan documentswith PG&E and allowing staff to prepare the PG&E program applicationsand=initiate facility energy audits. 'PG&E provided a detailed audit with specific measures, probable:cost estimates, applicable rebates,aiid-calculated return of investment. With respect to the:Swim;Center element of the overall project, staff contracted with a pool engineer to design.the.system retrofit based on the previous loan estimate, however;;costs have increased due to the complexity of the wading pool and Ful1 size lap pool at the same:site operating from Agenda Review: ArtsCity Attorney I / Finance Director City Mat b r the.same heating and.filtrations:systems: Therefore the previous loan,authorization.needs to be revisitedao increase the loan:amount. The bulk of this loan will be used to renovate the Swim Center pool-heating and filtration systems which are outdated and in need of modernization'to improve energy efficiency and reduce maintenance costs. The remainder of the loan is:for lighting retrofits at Cavanagh Recreation Center, Airport,Senior Center, Animal Shelter, Corporation Yard and Fire Stations 1, 2 & 3, This work continues the-City's-efforts to retrofit equipment to reduce energy use, costs, and greenhouse gas emission. • DISCUSSION Under PG&E's On-Bill Financing Loan Program, a PG&E-engineer visited the sites and -provided an energy audit including replacement costs. Modifications in the pool are required to • meet current health and safety code, the most significant requirement being the separation of the heating and filtration systems of the-two pools.;This was not anticipated in the-original audit and adds unanticipated cost for a.dedidated,piping for each pool, additional surge pit capacity, and a separate filter.unit and boiler:for-each pool. Based on input-from PG&E, staff previously estimated the energy efficiency measures would cost $217,361 and the project pay-back time, including consultant and project management costs, was 4.9 years. The pool engineer has provided a revised estimate of construction and installation cost of$312,471.25, which increases the total cost of all energy efficiency measures-to $404,028 and a pay back of 7.2 years. Staff evaluated.a number of proposals from the;design engineer to reduce costs including using a different filtering system and less efficient boilers, however these alternatives did not meet the project's energy efficiency goals. The pool engineer drawings and equipment specifications have now been submitted to the County Department`"of Environmental Health and initial conversations with the County plans examiner indicate that the design satisfies the-major requirements and the permit will be issued for the project. Installation of the pool retrofits-are-scheduled prior to the 2013 summer season. The design documents will be publicly advertised forbidding in January and subsequently brought to Council for acceptance of construction contract. FINANCIAL IMPACTS. The completed projeetsmust be fully operational, and inspected by PG&E prior to the transfer of loan funds from PG&E to the City. Thus, the City is responsible for fully funding all project costs up-front, including City staff and•design consultant costs, until the PG&E loan funds are received. Council had previously approved a temporary loan from the Community Facilities Impact Fee Fund-for-upfront costs not to exceed $325,000. This action will increase the loan amount for up-front costs to an amount not to exceed $450,000. PG&E funds will be received at project completion and acceptance, thus the interfund loan is short term, will not have an impact 2 on intended uses of.theFfund, and will be paid back with interest. The PG&E loan debt is paid back using energy savings`within..ten years. ATTACHMENTS 1. Resolution 2. Resolution 2011-170 3. Promissory Note for Interfund Loa • • • Attachment I RESOLUTION AUTHORIZING AN INCREASE IN THE SWIM CENTER ENERGY EFFICIENCY PROJECT BUDGET AND TRANSFER OF FUNDS WHEREAS, City staff has worked diligently with PG&E'Eneigy'Sohnions'Division ("PG&E Energy") to prepare analysis of energy usage at the Swiht Centers to identify areas of increased energy efficiency; and WHEREAS, potential energy savings and costs for the Pool Pump Project and the Pool Boiler Project are as reflected in the report of PG&E Energy to the City dated November 14, 2011; and WHEREAS, City staff has Worked diligently with The Energy,Alliance Association (TEAA) to develop and implement a lighting retrofit project to realize energy efficiencies and utility bill savings; and WHEREAS, City Staff and:PG&E:have selected energy efficiencymeasures to improve City- owned facilities wherein th'e.combination of the staff and design costs and the cost of the measures overall has a less than ten (10) year payback period,thus qualifying the energy efficiency measures for funding-with.a PG&E General On-Bill Financing,Loan ("PG&E Loan"); and WHEREAS, City is responsible for initial cost of implementation of efficiency measures until funds from PG&E Loan arereceived; and WHEREAS, the CIP Fund does not have current resources available to finance the site improvements; and WHEREAS, the Community Facilities lmpact'Fee:Fund has an adequate balance to lend this project up to $450,000.00; and WHEREAS, the CIP fund will have the ability to repay a loan of up to $450,000 from the Community Facilities Impact Fee Fund when.the,PG&E Loan reimburses the CIP fund for the cost of work completed to install the energy efficiency improvements; and WHEREAS, the energy efficiency improvements to be funded by the.interfund loan are within the purposes for which the Community Facilities Impact Fees.were.adopted because the improvements will improve the functioning and services provided at the Swim Center and at the community facilities served by the lighting retrofits; and WHEREAS, the City of Petaluma/adopted the FY 2012-2013 Parks and Recreation Budget which included funding for a variety of projects and programs to address the needs of a wide spectrum of recreation needs;and WHEREAS, following theadoption of that budget, a site improvement opportunity was presented to the City which would produce energy savings;and NOW, THEREFORE,:BE IT'RESOLVED that the City Council of the City hereby: 4 1. Modifies the FY 20122013 Community.FacilitiesiImpact Fee Budget to includeTe allocation of an amount not to-exceed $450,000 for�"the,energy.efficiency improvements at theSwith Center, Cavanaugh Center, Airport, Senior Center, Corporation Yard and_Fire- Stations 1, 2.and 3. 2. Authorizes the City Manager to sign theProniissory Note-for Interfund Loan attached hereto as Exhibit A. • . 1 5 • Attachment 2 Resolution No. 201 1 -170 N.C.S. of the City Hof Petalul na, California. • AUTHORIZING THE CITYMANAGER TO EXECUTELOAN DOCUMENTS WITH PACIFIC GAS & ELECTRIC FOR THE ON;BILL FINANCING.LOAN AGREEMENT PROGRAM FOR ENERGY EFFICIENCY IMPROVEMENTS AT THE SWIM CENTER, CAVANAGII CENTER, AIRPORT, SENIOR CENTER,ANIMAL SHELTER, CORPORATION'YARD,ANDtFIRE STATIONS 1, 2, AND 3 WHEREAS;City staff has worked diligently with PG&E Energy Solutions Division ("PG&E Energy") to prepare analysis-of energy usage at the Swim Ceniers to identify areas of increased energy efficiency; and. WHEREAS, potential energy savings and costs for the Pool Pump Project and the Pool Boilet:Project are as reflected in,theicport of PG&E Energy to the City dated November 14, 2011; and, WHEREAS,•City staff has worked diligently with The Energy Alliance-Association (TEAA) to develop a lighting retrofit project to realize energy efficiencies and utility bill savings; and, WHEREAS,the anticipated costs and energy efficiency savings for'the Petaluma Airport, Animal Shelter, Cavanagh RecreatiOn Center, Corporation Yard, Senior Center and Fire Stations#1, #2 and#3 facilities are as stated in the chart presented"in the staff report accompanying this resolution.as Exhibit A and dated December 19; 2011; and, • • WHEREAS, City is responsible for initial cost.ol implementation of efficiency measures until funds from PG&E loan is received; and, ' WHEREAS, the Community Facilitieslntpact Fee Fund has adequate balance to loan this project up to $325;000.00and. WHEREAS, City Staff and PG&[ have selected energy efficiency measures to improve City owned facilities-wherein the combination of the staff and design costs and the cost of the measures ove • ll2has a"Iess than.ten.(10) year payback period. NOW,THEREFORE',:QE IT RESOLVED that the City Council of the City hereby: I. Authorizes the City Manager to execute a loan agreement with PG&E for the General On Bill Financing Loan Agreement ("Agreement"), a copy of which is • attached to thisresolution. 2. Authorizes a',luah for the actual cost of implementation of the stated energy efficiency measures from the Community Facilities Impact lee Fund, to be paid back in full.;with-thesame interesttihatwould have_been earned if held by the City;:immediately upbh receiving the PG&E loan. 6 Resolu)ion No 2011-1170 N.C.S. Page 1 1 • 3. The amountof the PG&E loan and repayment to be covered by the Agreement shall tie set pursuant,to�provision's in the attached Agreement,but shall not exceed' $325;000; unless?adjusted by PG&Eand the,City pursuant to the Agreement. In no;event shall the loan amount exceed',$325,000`;(three hundred twenty-five thousand dollars) and the maximum term of the PG&E loan:of 10 years (ten years). Under thepower and authority conlerred upOn this Council:by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the App sto Counet of the.Uty of Pet slum t ata Rceulnr meeting on the`I91h day.ol December- for 2011 bt the following vote: City Attorney AYES: Albertson;Barrett.Mayor Glass. Vice Mayor Mealy, Kearney:Renee NOES: None ABSENT: I-Loris. ABSTAIN: None tairot_ „Ai • City Clerk 1VI ayor y Resolution No. 2011-1170 N.CS; Page 2 EXHIBIT A TO RESOLUTION 2011-170 N.C.S. • Estimated Estimated Simple Annual Annual RetrofitMeasures Measure PG&E AnnuakBill Payback kWh Therm Cost(5) Incentive ($) Savings($) (years) Savings Savings Swim Center Pump VFD" $34,150 $15,563 $22251 0'8 157,324 0 Swim Center $102,600 $5,391 $1,617 60 0 5,391 Boiler` Airport Lighting $36,503. $14,968 $18,243' .0.8 99,792 0 • Animal Sheller $3,267 $4.90 $888 2.7 5,965 0 Lighting Cavanagh Recreation $7,190 $1,078 ;$1,459 4.1 7,982 0 Center Lighting . Corporation Yard Lighting $9,330 $1,399 $1,872 4.0 12,572 0 Senior Center Lighting $9,185 $1,377 $2,615 3.5 14,309 0 Are Station_#1 Lighting $6,418 $3,544 ,$3,795 0.8 23,628 0 Fire Station #2 Lighting $4,613 $1,093 $1,333 2.6 7,292 0 Fire Station #3 $4,105 $677 ;$825 4.2 4,517 0 Lighting Measures Total $217,361 $45,580 $54,898 2.8 yr 333,381 5,391 Average Project $35,000 $0 $0 n/a 0 0 Management Design Engineer $15,000 $0 $0 n/a 0 0 TOTAL LOAN $267,361 $45,580 $54,898, 4.9 Years 333,381 5,391 1 i • 8 ' Resolution No.2011-.1.70 N S. Page:3 • • Attachment 3 EXHIBIT A CITY OF.PETALUMA,;CA PROMISSORY NOTE FOR`INTERFUND LOAN This Promissory Note (Note) for an Interfund Loan is entered into as of 2013(date). by and between the City Treasurer of the City of Petaluma, acting as custodian of the funds of the City of Petaluma,and the.City Manager of the City, acting for the City Council in implementation of the directives'arid authority of Resolutions Number 2011-170 N.C.S, adopted December 19, 2011 and 2012-XXX N.C.S, adopted.January 7; 2013. 1. The Treasurer shall transfer to the OP Project Fund 04501001, from the Community Facilities lmpact.Fee-Fund, such amounts as the City Manager shall direct from time to time, not to exceed the total sum of Four Hundred Fifty Thousand.Dollars ($450,000). 2. The Treasurer, as custodian of the funds, agrees,to promptly-repay any sums advanced hereunder, plus simple-interest per annum at rate equal to the City's investment earnings, as determined in the first quarter of 2013, upon receipt of the PG&E General On-Bill Financing Loan described in Resolutions No. 2011-170 N.C.S. and 2012- XXX N.C.S. All funds payable pursuant to this Note shall be repaid as funds become available. 3. This Note is subject to the tertns'of'City of Petaluma.Resolutions Number 201 1-170 and 2012- N.C.S., which are incorporated herein and made a part of by reference. Executed as of the date first above written. CITY OF PETALUMA, CA.. By City Treasurer By — - City Manager Approved as to form this_day of 2013 City Attorney 9