Resolution Number 01-5-1-4377
RESOLUTION NO. 01-5-1- 4
AUTHORIZING AN APPLICATION FOR CALIFORNIA ENERGY COMMISSION
FINANCING TO CONVERT TRAFFIC SIGNAL INDICATIONS FROM
INCANDESCENT TO LIGHT EMITTING DIODE (LED)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN
CAPISTRANO, CALIFORNIA, AUTHORIZING AN APPLICATION FOR
CALIFORNIA ENERGY COMMISSION FINANCING TO CONVERT
TRAFFIC SIGNAL INDICATIONS FROM INCANDESCENT TO LIGHT
EMITTING DIODE (LED)
WHEREAS, the California Energy Commission provides loans to schools,
hospitals, local governments, special districts and public care institutions to finance energy
efficiency improvements.
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of
San Juan Capistrano authorizes the City of San Juan Capistrano to apply for an energy
efficiency loan from the California Energy Commission to implement energy efficiency
measures.
_ BE IT ALSO RESOLVED, that if recommended for funding by the California
Energy Commission, the City Council of the City of San Juan Capistrano authorizes the
City of San Juan Capistrano to accept a loan up to $ 76,152.71.
BE IT ALSO RESOLVED, that the amount of the loan will be paid in full, plus
interest, under the terms and conditions of the Loan Agreement and Promissory Note of
the California Energy Commission.
BE IT FURTHER RESOLVED, that the City Manager of the City of San Juan
Capistrano is hereby authorized and empowered to execute in the name of the City of San
Juan Capistrano, all necessary documents to implement and carry out the purpose of this
resolution, and to undertake all actions necessary to undertake and complete the energy
efficiency projects.
PASSED, APPROVED, AND ADOPTED this 1$` day of May 2001.
WYAYT HART, MAYOFr
ATTEST:
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CI C ERK
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, MARGARET R. MONAHAN, City Clerk of City of San Juan Capistrano,
California, DO HEREBY CERTIFY that the foregoing is a true and correct copy of
Resolution No. 01-5-1-4 adopted by the City Council of the City of San Juan Capistrano,
California, at a regular meeting thereof held on the 1" day of May 2001, by the following
vote:
AYES: Council Members Bathgate, Gelff, Greiner,
Swerdlin and Mayor Hart
NOES: None
ABSTAIN: None
ABSENT: None
(SEAL)
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R. MONAHAN, CITY CLERK