Paramount

City Council

December 12, 2023 Item #17

Agenda Item 17

17. CONTINUED PUBLIC Energy Efficiency and Infrastructure\nHEARINGS Improvement Project by Willdan Energy\nSolutions\nAdopting certain findings and approving\nEnergy Service Contract for energy\nrelated improvements to City facilities\nand infrastructure with Willdan Energy\nSolutions\nand\nAdopting certain findings and approving\na finance agreement and related loan\ndocuments with Banc of America Public\nCapital Corp to fund energy related\nimprovements for the City of Paramount\na) RESOLUTION NO. Authorizing the City to Execute an\n23:037 Energy Services Contract with Willdan\nEnergy Solutions under Government\nCode Section 7217.12\nb) RESOLUTION NO. Authorizing an Equipment Lease/\n23:038 Purchase Agreement with respect to the\nacquisition, financing and leasing of\nwater meters and other equipment and\ndelegating authority to negotiate and\nexecute documents required in\nconnection therewith, and to\nmemorialize the obligation of the City’s\nWater Enterprise Fund to pay or\nreimburse the City’s General Fund for all\ncosts of such water meters and\nequipment advanced or to be advanced\nby the City’s General Fund