Resolution No. 304

Supervisors FAGAN and ARGOTSINGER offered the following Resolution and moved its adoption:

WHEREAS, Resolution 99 of 2017 authorized a Master Agreement with Niagara Mohawk d/b/a National Grid for energy conservation and management services offered by National Grid under its Energy Efficiency Portfolio Standard programs; and

WHEREAS, certain LED Lighting Improvements and Jail Energy projects have been identified under the Master Agreement to improve energy efficiency in Fulton County government buildings; and

WHEREAS, the savings obtained from implementing said energy improvement projects will be used to fund the expense of the improvements; and

WHEERAS, the Committees on Public Works and Finance recommend proceeding with the required Equipment Lease Purchase Agreement and Task Orderwith National Grid to complete energy upgrades; and

WHEREAS, per the agreement with National Grid, there should be no net county cost, it is now desired to approve the financing of this Project, at a maximum estimated cost of $400,000.00 and to authorize various actions with the best financing option available, which will be determined via a forthcoming resolution once financing negotiations are completed, in substantially the form presented at this meeting, as well as related documents; and

WHEREAS, it is necessary to enter into a Measurement and Verification, and Support Services Agreement with SmartWatt Energy, Inc., to delineate the terms of the agreement and document the guaranteed energy savings; now, therefore be it Resolution No. 304 (Continued)

RESOLVED, That the Chairman of the Board of Supervisors be, and hereby is authorized to execute a Tax Free Equipment Lease with National Grid in accordance with Article 9 of NYS Energy Law to complete certain Energy Conservation Projects at County facilities, at a cost not to exceed $400,000.00:

Utility Energy Conservation Projects Total Incentive Net Cost
Lighting Upgrades $301,142.00 $21,436.00 $279,706.00
HVAC Improvements (County Jail) $ 92,722.00 $ 2,000.00 $ 90,722.00
  $393,864.00 $24,436.00 $370,428.00

and, be it further

RESOLVED, That said Lease Purchase Agreement be for a seven (7) year term at an interest rate of no more than 3.89 percent, subject to approval of the County Treasurer and County Attorney; said lease payment to be budgeted annually in the Highways and Facilities Department operating budget; and, be it further Resolved, That the County Treasurer and the Superintendent of Highways and Facilities are herby authorized to take all action necessary or reasonably required in order to effectuate the intent of this resolution; and, be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer, Superintendent of Highways and Facilities, National Grid, SmartWatt, Budget Director/ County Auditor and Administrative Officer/Clerk of the Board.

Seconded by Supervisor SELMSER and adopted by the following vote: TOTAL: Ayes: 18 Nays: 0 Absent: 2 (Supervisors Callery and Waldron)