HomeMy WebLinkAboutAgenda Report - December 16, 1998 (70)AGENDA TITLE: Public Benefits Program - Bank of Lodi Demand -Side Management Project ($75,000)
MEETING DATE: December 16, 1998
PREPARED BY: Electric Utility Director
RECOMMENDED ACTION: That the City Council approve a Public Benefits Program grant to the Bank of
Lodi to fund a Demand -Side Management Project (up to $75,000 pending
final engineering review).
BACKGROUND INFORMATION: During the November 17, 1998 Shirtsleeve Session, the Electric Utility
Department presented an overview of the Public Benefits Program (PBP) and
proposed expenditure of funds for various PBP candidate projects.
As indicated in the Council Communication for the above meeting, several proposed qualifying projects would be
presented to the Council for its consideration prior to the end of calendar year 1998. An addition to the original near-
term list is a Demand Side -Management project at the Lodi headquarters of the Bank of Lodi. Electric Utility
Department staff and its consultant Energy Masters, Inc. will work closely with the customer to insure maximum energy
efficiency, cost savings and reliability benefits are realized from the work undertaken.
It is expected that a portion of the upgrades will also be applicable to other Bank of Lodi facilities and to other City of
Lodi electrical customers.
FUNDING:
FUNDING AVAILABLE
PREPARED BY:
ANV/JS/1st
C: City Attorney
160604 — Public Benefits Program Fund (Category: Demand -Side Management)
Vicky McAthie, Firfance Director
Alan N. Vallow
Electric Utility Director
Jack Stone, Manager, Business Planning and Marketing
APPROVED:
H. Dixo Flynn — City Manager
RESOLUTION NO. 98-186
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO PROVIDE A PUBLIC BENEFITS
CHARGE (PBC) GRANT TO BANK OF LODI DEMAND-SIDE
MANAGEMENT PROJECT
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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 Million 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 Electric Utility Department recommends that the City provide a
PBC grant of up to $75,000.00 to fund a Demand -Side Management Project for the Bank
of Lodi, 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 up to
$75,000.00 to Bank of Lodi to fund a Demand -Side Management Project.
Dated: December 16, 1998
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I hereby certify that Resolution No. 98-186 was passed and adopted by the Lodi
City Council in a regular meeting held December 16, 1998 by the following vote:
-AYES: COUNCIL MEMBERS — Hitchcock, Mann, Nakanishi, Pennino
and Land (Mayor)
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — None
ABSTAIN: COUNCIL MEMBERS — None
I�u UJ lh .
ALICE M. REIKIICHE
City Clerk
98-186