HomeMy WebLinkAboutResolutions - No. 2022-127RESOLUTION NO. 2022-127
A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING ENERGY
EFFICIENCY FINANCING LOAN TO BLACKWELL SERVICES FOR
ELIGIBLE UPGRADED ENERGY-EFFICIENT EQUIPMENT
WHEREAS, Lodi Electric Utility (LEU) launched the Energy Efficiency Financing
Program in 2011; and
WHEREAS, this program is funded by the LEU Public Benefits Fund and is designed as
an economic development tool to finance energy efficiency projects; and
WHEREAS, LEU offers its commercial and industrial customers an energy efficiency
financing loan program to allow customers the opportunity to achieve energy savings while
improving cost efficiencies; and
WHEREAS, this loan program offers zero percent financing for eligible equipment
purchases up to $150,000 to be paid back to LEU in 24 equal installment payments on a
customer's monthly utility bill; and
WHEREAS, Blackwell Services serves in the capacity as contractor for Coldani
Realtors, which has been approved to receive an energy efficiency loan payment; and
WHEREAS, Coldani Realtors has authorized the contractor to receive the loan payment
of $24,015, after the applicable rebate of $825, as contained in the loan application and
agreement; and
WHEREAS, the City's third -party contractor, Efficiency Services Group, has certified the
equipment as eligible, reviewed the invoice and has documentation of the post -installation
improvement.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby
authorize a payment to Blackwell Services, on behalf of Coldani Realtors, for eligible, upgraded
energy-efficient equipment under Lodi Electric Utility's Energy Efficiency Financing Loan
Program in the amount of $24,015; and
BE IT FURTHER RESOLVED, pursuant to Section 6.3q of the City Council Protocol
Manual (Res. No. 2019-223), the City Attorney is hereby authorized to make minor revisions to
the above -referenced document(s) that do not alter the compensation or term, and to make
clerical corrections as necessary.
Date: May 18, 2022
I hereby certify that Resolution No. 2022-127 was passed and adopted by the Lodi City
Council in a regular meeting held May 18, 2022, by the following vote:
AYES: COUNCIL MEMBERS — Hothi, Khan, Nakanishi, and Mayor Chandler
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Kuehne
ABSTAIN: COUNCIL MEMBERS — None
OLIVIA NASHED
City Clerk
2022-127