Legislation Details

File #: 14-5326    Version: 1 Name:
Type: Report Status: Agenda Ready
File created: 2/8/2024 In control: City Council
On agenda: 2/13/2024 Final action:
Title: Resolution Making Certain Findings and Approving an Energy Services Contract With Alliance Building Solutions
Attachments: 1. Staff Report, 2. Resolution, 3. Cash Flow, 4. Solar Project, 5. Commerce Project Schedule
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Resolution Making Certain Findings and Approving an Energy Services Contract With Alliance Building Solutions

Recommendation

The City Council will conduct a Public Hearing regarding a proposed energy services contract with Alliance Building Solutions, Inc and adopt a Resolution making the required findings under Section 4217.10 and approving an Installation Agreement with ABS in the amount of $9,059,952 for the installation of certain energy conservation facilities, and authorizing the Interim City Manager to execute the Installation Agreement subject to non-monetary revisions approved by the City Manager and City Attorney, and conditioned upon and City Council’s future consideration and approval of a final lease purchase agreement or financing contract in the manner specified by Section 4217.10 to finance the project.