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HomeMy WebLinkAboutResolutions - No. 2002-171RESOLUTION NO. 2002-171 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO PROVIDE A PUBLIC BENEFITS PROGRAM GRANT IN THE AMOUNT OF $25,000 TO EXTEND THE LODI COOLING CASH REBATE PROGRAM 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 $11M 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, the City of Lodi's Public Benefits Program is comprised of four segments or customer groups: commercial/industrial, residential, community/non-profit, and municipal; and WHEREAS, this project is specifically designed for Lodi residential electric customers. The Lodi Cooling Cash Rebate Program will provide 1) a rebate of $50.00 per ton for the installation of a 12.0 Seasonal Energy Efficiency Rating (SEER) or better air conditioning unit, to $225.00 per ton for a 14+ SEER unit. NOW, THEREFORE, BE IT RESOLVED, that the Lodi City Council hereby authorizes the City Manager to provide funding in the amount of $25,000.00 to renew the Public Benefits Program — Lodi Cooling Cash Rebate Program, specifically designed for Lodi residential electric customers; and BE IT FURTHER RESOLVED, that the Lodi Cooling Cash Rebate Program will close on September 30, 2002, or sooner, if funds are depleted. Dated: August 7, 2002 ------------------------------------------------------------------------- ------------------------------------------------------------------------- I hereby certify that Resolution No. 2002-171 was passed and adopted by the Lodi City Council in a regular meeting held August 7, 2002 by the following vote: AYES: COUNCIL MEMBERS — Hitchcock, Howard, Land, Nakanishi, and Mayor Pennino NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None 0 SUSAN J. BLACKSTON City Clerk 2002-171