HomeMy WebLinkAbout19963 - RESOLUTIONS - 12/20/2000 RESOLUTION NO. 19963
OF THE CITY OF PALM SPRINGS, CALIFORNIA, '
APPROVING THE APPLICATION FOR CALIFONIA
ENGERY COMMISSION GRANT AND LOAN FOR THE
RETRO FIT OF LED LAMPS IN TRAFFIC SIGNAL
APPLICATIONS.
WHEREAS, the California Energy Commission provides grants and loans to finance energy
efficient projects that will reduce peak electricity demand; and
WHEREAS, the retrofitting of traffic signals with LED lamps to replace incandescent lamps is
eligible for these grants and loans; and
WHEREAS, the City of Palm Springs owns and operates 66 City owned traffic signals and by
agreement, pays for the electrical consumption of 12 Caltrans owned signals; and
WHEREAS, the use of LED lamps will save the City of Palm Springs an estimated $81,000.00
in electrical consumption costs and reduce the demand for electricity in the Palm Springs area.
NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Palm Springs,
California, as follows;
A. That the City of Palm Springs Engineering Department is authorized to apply for '
grant funding from the California Energy Commission to replace incandescent traffic signals
with those using light emitting diodes.
B. That if recommended for award of grant funding by the California Energy
Commission, the City of Palm Springs Engineering Department may accept a grant up to
$192,000.00 and a loan up to $226,480.00.
C. 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.
D. That the City Manager is the official hereby authorized and empowered to
execute in the name of the City of Palm Springs 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.
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Resolution 19963
Resolution - California Energy Commission Traffic Signal Lamp
December 20, 2000
Page 2
ADOPTED this 201" day of December, 2000
AYES: Members Hodges, Jones, Oden, Reller-Spurgin and Mayor %leindienst
NOES: None
ABSENT: None
A CITY OF PALM SPRINGS, CALIFORNIA
City Clerk City Manager
REVIEWED & APPROVED AS TO FORM '
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