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2005-227 RESOLUTION NO. 2005-227 RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO CONTRACT WITH ALLIANT ENERGY FOR ENERGY SA VINGS PROJECTS RELATED TO THE MUNICIPAL BUILDING RENOVATION WHEREAS, Alliant Energy and the City of Janesvil1e have detennined that the use of energy efficient technology in the Municipal building wil1 substantially reduce electrical energy usage; and WHEREAS, the City of Janesville seeks to control energy related costs which have consistently increased in recent years due to increases in energy rates; and WHEREAS, the Common Council finds that this energy savings project benefits the City and is in the best interest of the community; NOW, THEREFORE, BE IT RESOLVED by the City Council for the City of Janesvil1e that: 1. The City Manager and City Administration, on behalf of the City of Janesvil1e, are hereby jointly and several1y authorized to enter into a contract with Alliant Energy. 2. The City wil1 receive a low-interest loan from Alliant Energy in the amount of $39,355. 3. The loan, plus interest set at three (3) percent, wil1 be repaid within five (5) years after the acceptance date of the contract (see Schedule C of attached contract for amortization schedule). BE IT FURTHER RESOLVED by the Common Council that the City of Janesvil1e, that the City Manager and his designee(s) on behalf of the City of Janesville, is/are hereby authorized and empowered to negotiate, draft, modify, review, and execute this contract, and enter into additional agreements, record, file and/or make minor modifications and/or amendments to any and al1 documents, papers, fonns, and agreements, and to make whatever other actions as the City Manager may detennine, from time to time and at any time, necessary and/or desirable to effectuate the intent of this resolution and/or project. ADOPTED: November 28, 2005 Motion by: Addie Second by: Brien Councilmember Aye Nay Pass Absent Brunner X Brien X Williams X Wellnitz, Tim X Wellnitz, Tom X DeGarmo X Addie X APPROVED: A /;,~- (~~J(~ ('~ Steven E. Sheiffer, City Manager ATTEST: - ~..;..~'."./,' //, il ,I I L Je~n Ann Wulf, City Clerk-Treasurer. APPROVED AS TO FORM: <lA~Å ~ Æ~ ~ L City Attorney Proposed by: City Administration Prepared by: Management Analyst