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HomeMy WebLinkAboutResolutions - No. 2004-277RESOLUTION NO. 2004-277 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO PROVIDE A PUBLIC BENEFITS PROGRAM GRANT TO LOWE'S COMPANIES, INC. FOR A DEMAND -SDE MANAGEMENT PROJECT 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 an historical electric revenue requirement; and WHEREAS, the requirement amounts 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 new Lodi Lowe's store, located at 1389 South Lower Sacramento Road, purchased and installed a number of energy efficient products/materials that qualify for a rebate through the City of Lodi Public Benefits Program. These eligible items include: > skylights (quantity: 114); > high -efficiency, T-8 32 -watt fluorescent lamps, with electronic ballasts (quantity: 4,170); > light -emitting diode (LED) exit signage (quantity: 40); > high -efficiency, 10 -ton heating & air conditioning units (quantity: 3); > cool roof/roofing insulation product (approximately 120,000 square feet of roof coverage area). WHEREAS, Lowe's Companies, Inc. expended a total of $248,524.37, and a fifteen (15) percent rebate is made available to large retail and industrial customers who participate in the City of Lodi's Public Benefits Program; and WHEREAS, the program places a cap of $25,000 for any individual large -retail or industrial customer that makes the investment in energy efficient products and materials; and WHEREAS, Electric Utility staff respectfully recommends approval of this Public Benefits Program grant as a qualifying component of the City of Lodi Public Benefits Program, under the category of demand-side management in the amount of $25,000. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council hereby authorizes the City Manager to provide a Public Benefits Program Grant in the amount of $25,000 to the Lowe's Companies, Inc. for a demand-side management project. Dated: December 15, 2004 I hereby certify that Resolution No. 2004-277 was passed and adopted by the Lodi City Council in a regular meeting held December 15, 2004, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Hitchcock, Johnson, Mounce, and Mayor Beckman NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS — None SUSAN J. BLACKSTON City Clerk 2004-277