HomeMy WebLinkAboutResolutions - No. 2011-182RESOLUTION NO. 2011-182
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING
THE CITY MANAGER TO AMEND THE ENERGY EFFICIENCY
FINANCING PROGRAM
WHEREAS, in October 2010, the City Council approved a pilot project for an energy
efficiency financing program, also referred to as on -bill financing, which established a loan fund
in the amount of $250,000 for G2 electric utility customers' energy efficiency/conservation
projects; and
WHEREAS, in May 2011, the City Council authorized an additional $150,000 as well as
G3, G4, G5, and 11 utility rate customers; and
WHEREAS, to date, eight commercial/industrial customers have secured an interest-
free, 24 -month loan for designated and approved energy efficiency measures; and
WHEREAS, to date a total cf $278,955.75 has been loaned to eight businesses and
$69,101 is currently reserved as the energy efficiency projects are pending
installation/completion by years end; and
WHEREAS, staff recommends expanding the program to include non-residential
customers assigned to the G I electric utility rate tariff, thus incorporating all non-residential
customers in this program.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize the City Manager to amend the Energy Efficiency Financing Program by including G I
commercial/industrial customers.
Dated: November 16, 2011
hereby certify that Resolution No. 2011-182 was passed and adopted by the City
Council of the City of Lodi in a regular meeting held November 16, 2011, by the following vote:
AYES: COUNCIL MEMBERS— Hansen, Katzakian, Nakanishi, and
MayorJohnson
NOES: COUNCIL MEMBERS— None
ABSENT: COUNCIL MEMBERS — Mounce
ABSTAIN: COUNCIL MEMBERS— None
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HL
City Clerk
2011-182