City Council

1.1 RESOLUTION NO. 2024-68; A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nLAKEWOOD AUTHORIZING THE ENTRY INTO AND EXECUTION OF AN ENERGY\nSERVICES CONTRACT WITH SOUTHLAND INDUSTRIES AND MAKING RELATED\nFINDINGS AND DETERMINATIONS; RESOLUTION NO. 2024-69; A RESOLUTION OF THE\nCITY COUNCIL OF THE CITY OF LAKEWOOD AUTHORIZING THE EXECUTION AND\nDELIVERY OF A LEASE PURCHASE AGREEMENT AND AN ESCROW AGREEMENT\nWITH RESPECT TO THE ACQUISITION, FINANCING AND LEASING OF CERTAIN\nEQUIPMENT FOR THE PUBLIC BENEFIT; AUTHORIZING THE EXECUTION AND\nDELIVERY OF DOCUMENTS REQUIRED IN CONNECTION THEREWITH; DECLARING\nTHE INTENTION TO REIMBURSE EXPENDITURES FROM THE PROCEEDS OF THE\nLEASE PURCHASE AGREEMENT; AND AUTHORIZING THE TAKING OF ALL OTHER\nACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS\nCONTEMPLATED BY THIS RESOLUTION [Continued from September 10, October 8, and\nNovember 12, 2024.] - It is recommended City Council conduct public hearing to consider adopting\nresolution approving certain findings for energy related improvements to City facilities and\nauthorizing entry into Energy Services Performance Contract with Southland Industries for\nconstruction of energy conservation measures; and adopt resolution approving certain findings for energy related improvements to City facilities and authorizing entry into Energy Services\nPerformance Contract in amount of $14,149,323 with Southland Industries for construction of\nenergy conservation measures; and adopt resolution authorizing execution and delivery of lease\npurchase agreement with TD Bank and escrow agreement with U.S. Bank National Association with\nrespect to acquisition, financing and leasing of certain equipment for public benefit; authorizing the\nexecution and delivery of documents required in connection therewith; declaring intention to\nreimburse expenditures from proceeds of lease purchase agreement; declaring intention to reimburse\nprior expenditures on project with proceeds of lease purchase agreement; and authorizing taking of all other actions necessary to consummation of transactions contemplated by this resolution; and authorize on-call professional services agreements with PBK Architects, DBA LEAF Engineers and IDS Group Inc. in form approved by City Attorney; and authorize proposal from PBK Architects,\nDBA LEAF Engineers for consulting services for project in amount of $391,856; and authorize\nproject contingency from General Fund in amount of $958,819.\nDecember 10, 2024\nREPORTS: