HomeMy WebLinkAbout5928_CCv0001.pdf RESOLUTION NO. 5928
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDLANDS FOR THE
ENERGY EFFICIENCY LOW INTEREST LOAN PROGRA.N1
WHEREAS, the California Energy Commission provides loans to schools, hospitals,
local governments, special districts, and public care institutions to finance energy efficiency
improvements:
NOW, THEREFORE, BE IT RESOLVED, that the City Council authorizes the City of
Redlands to apply for an energy efficiency loan from the California Energy Commission to
implement the Electricity Cogeneration Facility to be located at the City's Wastewater
Treatment Plant.
BE IT ALSO RESOLVED, that if recommended for funding by the California Energy
Commission, the City Council authorizes the City of Redlands to accept a loan up to
$1,800,000.
BE IT ALSO RESOLVED, that the amount of the loan will be paid in full, plus interest,
under the terms and conditions of the Loan Agreement and Promissory Note of the California
Energy Commission.
BE IT FURTHER RESOLVED, that the Municipal Utilities Director is hereby authorized
and empowered to execute in the name of the City of Redlands all necessary documents to
implement and carry out the purpose of this resolution, and to undertake all actions necessary to
complete the energy efficiency project.
ADOPTED, SIGNED AND APPROVED this 17th day of July, 2001.
PAT GILBREATH
Mayor of the City of Redlands
ATTEST:
LOWE POYZ
City Clerk