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HomeMy WebLinkAboutResolutions - No. 2000-26RESOLUTION NO. 2000-26 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO PROVIDE A PUBLIC BENEFITS PROGRAM GRANT — DEMAND-SIDE MANAGEMENT PROJECT TO FARMERS & MERCHANTS BANK ------------------------------------------------------------------------- ------------------------------------------------------------------------- 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 amounts 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; and WHEREAS, Farmers & Merchants Bank has embarked upon a tenant improvement project for the second floor of their main office located at 121 W. Pine Street in. late 1999; and WHEREAS, as part of the tenant improvements, Farmers & Merchants Bank has installed a number of energy efficient products and materials which include 1) high efficiency air conditioning units and variable volume boxes; 2) state-of-the-art fluorescent lighting (compact fluorescent, T-8 lamping, electronic ballasts); and 3) energy management system (designed to provide optimum efficiency of HVAC and lighting system); and WHEREAS, the Public Benefits Program administered by the Electric Utility Department provides a 25 percent matching grant (25% of the materials cost) for commercial/industrial customers who install energy conservation measures, such as fluorescent lighting, highly efficient HVAC systems, day -lighting opportunities, increased wall or ceiling insulation, etc.; and WHEREAS, the City of Lodi Electric Utility in conjunction with its energy services partner, Energy Masters International, has reviewed and approved the materials identified as energy or highly efficient, and recommends approval of this Public Benefits Program grant. BE IT RESOLVED, that the Lodi City Council hereby authorizes the City Manager to provide a Public Benefits Program Grant to Farmers & Merchants Bank for their tenant improvement project for the second floor of their main office located at 121 W. Pine Street in the amount of $22,530.75. Dated: February 16, 2000 ------------------------------------------------------------------------- ------------------------------------------------------------------------- I hereby certify that Resolution No. 2000-26 was passed and adopted by the Lodi City Council in a regular meeting held February 16, 2000 by the following vote: AYES: COUNCIL MEMBERS — Hitchcock, Nakanishi and Mann (Mayor) NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — Land and Pennino ab� )ic &t,4� ALICE M. REIIVACHE City Clerk 2000-26