Loading...
HomeMy WebLinkAboutAgenda Report - September 16, 1998 (54)AGENDA TITLE: Hutchins Street Square Conference and Performing Arts Center, Public Benefits Program Grant MEETING DATE: September 16, 1998 PREPARED BY: Electric Utility Director RECOMMENDED ACTION: That the City Council authorize the City Manager to provide a Public Benefits Program grant in the amount of $150,000 to Hutchins Street Square and Performing Arts Center. BACKGROUND INFORMATION: The Hutchins Street Square and Performing Arts Center renovation project involved modifications and upgrades related to electric energy efficiency improvements. As such, a portion of the renovation costs qualify for funding as part of a City Public Benefits Program. The Electric Utility Department recommends a grant for $150,000 toward the above modifications and upgrades be awarded. Approval of the above would bring calendar year 1998 Public Benefits Program grants to a total of $275,000. The City's obligation for this calendar year for all related Public Benefits Program spending is approximately $1.OM. The Electric Utility, with the help of other City department's staff, is working to identify other areas where ongoing and future city expenses may also qualify for funding under a Public Benefits Program. These City candidates for inclusion in a Public Benefits Program along with other customer candidates will be presented to the Council at a future meeting. FUNDING: 16.4 Public Benefits Program N. Vallow Electric Utility Director PREPARED BY: John Stone, Manager, Business Planning and Marketing ANV/JS/pn C: City Attorney Community Center Director Finance Director 04 -yAPPROVED: / 61X0-4 Flynn -- City anager RESOLUTION NO. 98-136 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO PROVIDE A PUBLIC BENEFITS CHARGE (PBC) GRANT TO HUTCHINS STREET SQUARE AND PERFORMING ARTS CENTER WHEREAS, the State has mandated that beginning January 1, 1998, the City of Lodi is obligated to fund various programs through a Public Benefits Charge (PBC) based on a historical electric revenue requirement; and WHEREAS, the requirement amount to approximately $1 M per year that must be dedicated to qualifying programs such as energy efficiency. A further stipulation is that these efforts must be done on the customer's side of the meter in order to qualify. WHEREAS, following the Electric Utility Department's review of Hutchins Street Square and Performing Arts Center renovation project, it was determined that some of the modifications and upgrades related to electric energy efficiency improvements; and WHEREAS, the Electric Utility Department recommends that the City provide a PBC grant of $150,000 toward the energy efficient modifications and upgrades and include the cost of the grant as part of the City's required PBC outlay. BE IT RESOLVED, that the Lodi City Council hereby authorizes the City Manager to provide a Public Benefits Charge (PBC) Grant in the amount of $150,000 to Hutchins Street Square and Performing Arts Center. Dated: September 16, 1998 I hereby certify that Resolution No. 98-136 was passed and adopted by the Lodi City Council in a regular meeting held September 16, 1998 by the following vote: AYES: Council Members — Johnson, Land, Mann, Pennino and Sieglock (Mayor) NOES: Council Members — None ABSENT: Council Members — None ABSTAIN: Council Members — None ALICE M. R MCHEC& City Clerk 98-136