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HomeMy WebLinkAboutReso - CC - 059-2011RESOLUTION NO 59-2011 RESOLUTION OF THE CITY COUNCIL OF BURLINGAME APPROVING AND AUTHORIZING AN APPLICATION FOR A LOW INTEREST LOAN FROM THE CALIFORNIA ENERGY COMMISSION TO FUND LED STREET LIGHT PROJECTS WHEREAS, The California Energy Commission provides loans to schools, hospitals, local governments, special districts, and public care institutions to finance energy efficiency improvements; and WHEREAS, the loans are available at a 3% interest rate; and WHEREAS, the purpose of the loan programs in to reduce fossil fuel emission; reduce total energy usage; and, to improve energy efficiency is to replace all City owned conventional streetlights to LED (Light Emitting Diode) street lights; and WHEREAS, the City is proposing to implement energy efficiency project described in Exhibit A; and WHEREAS, THE City of Burlingame has considered the application of the California Environmental Quality Act (CEQA) to the approval of the energy efficiency project described in Exhibit A; NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME RESOLVES AS FOLLOWS: 1. In compliance with CEQA, the City Council finds that the activity funded by the loan is a project that has been determined not to have a significant effect on the environment because it consists of the minor alteration of existing public structures with no expansion of use and is therefore exempt from CEQA by definition. (Title 14, Chapter 3, Article 19, Section 15301). 2. Authorizes the submittal of an application for an energy efficiency loan from the California Energy Commission to execute the proposed project. 3. Authorizes the acceptance of a loan of four hundred seventy thousand dollars ($470,000) and that Syed Murtuza, Public Works Director is hereby authorized and empowered to execute in the name of the City all necessary contracts and agreements, and amendments hereto, to implement and carry out the purposes specified in the application. 4. Authorizes the repayment of the loan in full, plus interest, under the terms and conditions of the Loan Agreement, Promissory Note and Tax certificate of the California Energy Commission. Terry Na el, Mayor I, MARY ELLEN KEARNEY, City Clerk of the City of Burlingame, do hereby certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the fifteen day of August, 2011, and was adopted thereafter by the following vote: AYES: Councilmembers: BAYLOCK, BROWNRIGG, DEAL, KEIGBRAN, NAGEL NOES: Councilmembers: NONE ABSENT: Councilmembers: NONE Mary en Kearney, City Clerk