HomeMy WebLinkAboutAgenda Report - May 18, 2022 C-15CITY OF
T Z fir./
CALIFORNIA
AGENDA ITEM •15
COUNCIL COMMUNICATION
AGENDA TITLE: Adopt Resolution Authorizing Energy Efficiency Financing Loan to Blackwell Services for
Eligible Upgraded Energy Efficient Equipment ($24,015)
MEETING DATE: May 4, 2022
PREPARED BY: Business Development Manager
RECOMMENDED ACTION: Adopt a resolution authorizing an Energy Efficiency Financing Loan to
Blackwell Services for eligible, upgraded energy efficient equipment in the
amount of $24,015.
BACKGROUND INFORMATION: Originally established in 2011, the Energy Efficiency Financing Program is
an economic development tool that allows commercial and industrial Lodi
Electric Utility customers the opportunity to obtain a zero percent loan for
the purchase of eligible business equipment designed to achieve certifiable energy savings. The loan payment
can be for an amount up to $150,000 and is payable in 24 equal installments, after rebate, on the customer's
monthly utility bill.
The loan agreement with the City allows the customer (Coldani Realtors) to authorize the contractor (Blackwell
Services) to serve as his/her agent, act on the customer's behalf, and receive the loan payment. 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.
Based upon this information and a verification of payment to the contractor with the customer, staff recommends
payment to Blackwell Services, on behalf of Coldani Realtors, in the amount of $24,015 under Lodi Electric
Utility's Energy Efficiency Financing Loan Program.
FISCAL IMPACT: Total loan amount of $24,015.
FUNDING AVAILABLE: Account No. 50465100.72920.
Andrew Keys
Andrew Keys
Deputy City Manager/Internal Services Director
SATVHp0VH10S
Astrida Trupovnieks
Business Development Manager
APPROVED: Steve Schwabauer
Stephen Schwabauer, City Manager
RESOLUTION 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