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Ordinance 19-03 Funding LED Lighting Upgrades at Six City Buildings
Summary
An Ordinance of the City Council of Homer, Alaska, Amending the FY 2019 Revolving Energy Fund to Provide for Lighting Upgrades at Six City City Buildings in the Amount of $69,175. Stroozas.
Ordinance/Resolution ID:
19-03
Ordinance/Resolution Status:
Adopted
Introduction Date:
01/14/2019
Effective Date:
01/29/2019
Public Hearing Date:
01/28/2019
Second Reading Date:
01/28/2019
Related Meetings
Related Memorandums
Details
CITY OF HOMER
HOMER, ALASKA
Stroozas
ORDINANCE 19-03
AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2019 REVOLVING ENERGY FUND TO PROVIDE FOR LIGHTING UPGRADES AT SIX CITY BUILDINGS IN THE AMOUNT OF $69,175.
WHEREAS, The City Council authorized the completion of a lighting energy audit on six City buildings (City Hall, Animal Shelter, Airport Terminal, Library, Harbormaster Building, and Public Works); and
WHEREAS, The audits detail the work necessary and the benefit of upgrading the lighting at each facility including the return on investment associated with more energy efficient lighting; and
WHEREAS, The Revolving Energy Loan Fund, created by the City Council in 2010 to fund energy conservation projects, is an appropriate funding source for lighting upgrades at these facilities and is consistent with the intent of the fund; and
WHEREAS, Implementing the recommended energy conservation measures is estimated to reduce the City’s annual energy cost by $23,953 and reduce carbon emissions; and
WHEREAS, The cost of completing the recommended energy conservation measures (upgrading to LED lighting) is estimated to be $69,175. The operating fund associated with each facility would reimburse the Revolving Energy Loan Fund in three equal payments (2020, 2021, and 2022).
NOW, THEREFORE, The City of Homer Ordains:
Section 1: The FY 2019 Revolving Energy Fund is hereby amended for the purpose of funding the lighting upgrades to six City buildings, as follows:
Expenditure:
Account No. Description Amount
620-0375 Revolving Energy Loan Fund $69,175
Payback to Energy Fund:
Account Description Loan Payback 2020
Amount Period (yrs.) Payback
100-0140 City Hall $ 9,545 3 $ 3,181.67
100-0165 Animal Shelter $ 2,802 3 $ 934.00
100-0149 Airport Terminal $ 23,287 3 $ 7,762.33
100-0145 Library $ 18,792 3 $ 6,264.00
100-0170 Public Works $ 10,727 3 $ 3,575.67
400-0600 Harbormasters Office $ 4,022 3 $ 1,340.67
Section 2. This is a budget amendment ordinance, is not permanent in nature, and shall not be codified.
PASSED AND ADOPTED by the Homer City Council this 28th day of January, 2019.
CITY OF HOMER
________________________
KEN CASTNER, MAYOR
ATTEST:
___________________________
MELISSA JACOBSEN, MMC, CITY CLERK
YES:
NO:
ABSTAIN:
ABSENT:
Introduction:
Public Hearing:
Second Reading:
Effective Date:
Reviewed and approved as to form:
__________________________ __________________________
Katie Koester, City Manager Holly Wells, Attorney
Date: _____________________ Date: _____________________