HomeMy WebLinkAboutResolution 2013-004 N.C.S. 1/7/2013 Resolution No. 2013-004 N.C.S.
of the City of Petaluma, California
AUTHORIZING AN INCREASE IN THE SWIM CENTER ENERGY
EFFICIENCY PROJECT BUDGET AND TRANSFER OF FUNDS
WHEREAS, City staff has worked diligently with PG&E Energy Solutions Division
("PG&E Energy") to prepare analysis of energy usage at the Swim 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 efficiency measures to improve
City-owned facilities wherein the 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 are received; and,
WHEREAS, the CIP Fund does not have current resources available to finance the site
improvements; and,
WHEREAS, the Community Facilities Impact 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,
Resolution No. 2013-004 N.C.S. Page 1
WHEREAS, following the adoption of that budget, a site improvement opportunity was
presented to the City which would produce energy savings.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City hereby:
1. Modifies the FY 2012-2013 Community Facilities Impact Fee Budget to include the
allocation of an amount not-to-exceed $450,000 for the energy efficiency
improvements at the Swim Center, Cavanaugh Center, Airport, Senior Center,
Corporation Yard and Fire Stations 1, 2 and 3.
2. Authorizes the City Manager to sign the Promissory Note for Interfund Loan attached
hereto as Exhibit A.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a Regular meeting on the 7'h day of January, or
2013..by the following vote:
)rney
AYES: Vide Mayor Albertson,13arrett,Mayor Glass, Harris, Healy, Kearney. Miller
NOES: None
ABSENT: None
ABSTAIN: None f�
ATTEST: ''�'iG I�� er ,C I
City Clerk �r
Resolution No. 2013-004 N.C.S. Page 2
Exhibit A to Resolution
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 and authority of Resolutions Number 2011-170 N.C.S,
adopted December 19,2011 and 2013-XXX N.C.S, adopted January 7, 2013.
1. The Treasurer shall transfer to the CIP Project Fund C14501001, from the Community
Facilities Impact 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 the 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 2013-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 terms of City of Petaluma Resolutions Number 2011-170 and
2013- 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
Resolution No. 2013-004 N.C.S. Page 3