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CC Resolution 11730RESOLUTION NO. 1.1730 A RESOLUTION OF THE CITY OF CAMPBELL AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH PG&E'S ON-BILL FINANCING PROGRAM FOR THE CONVERSION OF STREETLIGHTS TO LED FIXTURES WHEREAS, the City of Campbell has participated in the Bay Area Climate Collaborative in an effort to reduce energy use and conserve natural resources; and WHEREAS, the City of Campbell has demonstrated its commitment to conserving resources by installing Electric Vehicle Charging Stations and introducing Electric Vehicles into the municipal fleet; WHEREAS, the City of Campbell has an interest in reducing long-term energy costs; and WHEREAS, staff has identified at least 162 streetlights throughout the City that would benefit from the conversion to LED fixtures; and WHEREAS, staff has reviewed a variety of funding options and determined the PG&E On-Bill Financing Program to be the most favorable to the City. NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Campbell authorizes the City Manager to enter into an Agreement with PG&E's On-Bill Financing Program in an amount not to exceed $100,000 for the purchase and installation of LED streetlights in the City of Campbell. PASSED AND ADOPTED_this 215 day of October, 2014 by the following roll call vote: AYES: Council Members: Baker, Low, Kotowski, Cristina, Waterman NOES: Council Members: None ABSENT: Council Members: None APPR VE ~. Ri and M. Waterman, Mayor ATTES'~ q~~`~- Anne BBybee, City Clerk