– NOTICE OF PUBLIC HEARING –
ADOPT CERTAIN FINDINGS AND APPROVE ENERGY SERVICE CONTRACT FOR ENERGY RELATED IMPROVEMENTS TO CITY OF LAKEPORT FACILITIES WITH ENGIE SERVICES U.S. AND A FINANCING CONTRACT WITH A FINANCING COMPANY FOR FUNDING THE ASSOCIATED ENERGY RELATED IMPROVEMENTS
NOTICE IS HEREBY GIVEN that the City of Lakeport (City) City Council shall hold a public hearing on April 17, 2018 at 6:00 p.m. for the purpose of taking public comments and adopting a resolution making certain findings and approving an Energy Service Contract with ENGIE Services U.S. and a financing contract with a financing company for the implementation of certain energy related improvements to City facilities in accordance with California Government Code Section 4217.10 to 4217.18.
The meeting will be held at City Council Chambers, 225 Park St., Lakeport, CA 95453. The City Council shall adopt findings that provide, and the Energy Service Contract shall require, that the cost to the City to implement the energy related improvements per this contract will be less than the anticipated marginal cost to the City of thermal, electrical, or other energy that would have been consumed by the City in absence of purchasing the energy improvements.
Furthermore, the City shall adopt findings relative to the financing contract that provide the funds for the repayment of the financing or the cost of design, construction, and operation of the energy conservation facility, or both, as required by the contract, are projected to be available from revenues resulting from sales of electricity or thermal energy from the facility or from funding that otherwise would have been used for purchase of electrical, thermal, or other energy required by the public agency in the absence of the energy conservation facility, or both.
If you have questions, or comments, please contact Kevin M. Ingram, Community Development Director at (707) 263-5615 extension 201 or email at This email address is being protected from spambots. You need JavaScript enabled to view it..
KEVIN INGRAM
Lakeport Community Development Director
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.