City Council

12) A PUBLIC HEARING TO CONSIDER FINANCING FUNDING OPTIONS FOR AN ENERGY SAVINGS\nPERFORMANCE CONTRACT WITH WILLDAN ENERGY SOLUTIONS FOR TURNKEY DESIGN,\nENGINEERING, AND CONSTRUCTION SERVICES FOR SOLAR, HEATING, VENTILATION, AND\nAIR CONDITIONING AT CITY FACILITIES\nRecommend that the City Council:\na. Conduct a Public Hearing and pending public testimony, provide direction on\nthe financing terms with Hannon Armstrong Capital, LLC for an\nEnergy Savings Performance Contract with Willdan Energy Solutions for Turn-Key\nDesign, Engineering, and Construction Services and to approve either Option No. 1 or\nOption No. 2:\nOption No. 1: (Full Financing): Finance the unfunded balance of approximately\n$2,500,000 for the Police Department Heating, Ventilation, and Air\nConditioning (HVAC) project.\nb. Adopt Resolution No. 8211 approving required findings and authorizing the City Council\nto approve the financing terms with Hannon Armstrong Capital, LLC, for an Energy Saving\nPerformance Contract with Willdan Energy Solutions; and authorize the City Manager to\nexecute all related documents.\nOR –\nOption No. 2: (No Financing): Appropriate $2,500,000 from General Fund Reserves\ntoward the Police Department HVAC project.\nc. Adopt Resolution No. 8212 authorizing a budget increase of $2,500,000 to the Fiscal Year\n2022-2023 Budget using General Fund Reserves to fund the Energy Saving Performance\nContract with Willdan Energy Solutions; and authorize the City Manager to execute all\nrelated documents.\nADMINISTRATIVE REPORTS