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HomeMy WebLinkAboutResolutions 2011-170 N.C.S. 12/19/2011 Resolution No. 2011 -170 N.C.S. of the City of Petaluma, California AUTHORIZING THE CITY MANAGER TO EXECUTE LOAN DOCUMENTS WITH PACIFIC GAS & ELECTRIC FOR THE ON-BILL FINANCING LOAN AGREEMENT PROGRAM FOR ENERGY EFFICIENCY IMPROVEMENTS AT THE SWIM CENTER, CAVANAGH CENTER, AIRPORT, SENIOR CENTER, ANIMAL SHELTER, CORPORATION YARD, AND FIRE 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 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 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 of implementation of efficiency measures until funds from PG&E loan is received; and, WHEREAS, the Community Facilities Impact Fee Fund has adequate balance to loan this project up to $325,000.00; 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. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City hereby: 1. 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 this resolution. 2. Authorizes a loan for the actual cost of implementation of the stated energy efficiency measures from the Community Facilities Impact Fee Fund, to be paid back in full, with the same interest that would have been earned if held by the City, immediatelyupon receiving the PG&E loan. k Resolution No. 2011-170 N.C.S. Page 1 3. The amount of the PG&E loan and repayment to be covered by the Agreement shall be set pursuant to provisions in the attached Agreement, but shall not exceed $325,000, unless adjusted by PG&E and the City pursuant to the Agreement. In no event shall the loan amount exceed $325,000 (three hundred twenty-five thousand dollars) and the maximum term of the PG&E loan of 10 years (ten years). Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the App j s to Council of the City of P t etaluma at a Regular meeting on the 19'"day of December, for 2011,by the following vote: •- City Attorney AYES: Albertson,Barrett,Mayor Glass, Vice Mayor I•lealy, Kearney, Renee NOES: None ABSENT: Harris ABSTAIN: None ATTEST: �J�/a�`� tsJ O. 4 I /.�. City Clerk v ayor Resolution No. 2011-170 N.C.S. Page 2 EXHIBIT A TO RESOLUTION 2011-170 N.C.S. Estimated Estimated Annual Bill Simple Annual Annual Retrofit Measures Measure PG&E Savings($) Payback kWh Therm Cost($) Incentive ($) (years) Savings Savings Swim Center Pump VFD* $34,150 $15,563 $22,251 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 Shelter Lighting $3,267 $490 $888 2.7 5,965 0 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 Fire Station#1 $6,418 $3,544 $3,795 0.8 23,628 0 Lighting Fire Station#2 $4,613 $1,093 $1,333 2.6 7,292 0 Lighting 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 Resolution No. 2011-170 N.C.S. Page,-.3