RESOLUTION NO. RS2008-549

Authorizing the Metropolitan Government of Nashville and Davidson County to participate in the Local Government Energy Efficiency Loan Program to be administered by the Tennessee Department of Economic and Community Development, and for the Metropolitan Mayor to sign all documents to apply for, receive and administer the program funding.

WHEREAS, the Tennessee Department of Economic and Community Development (ECD) administers an Energy Efficiency Loan Program for Local Government Facilities; and,

WHEREAS, the Metropolitan Government of Nashville and Davidson County (Metro) is eligible to participate in the loan program in order to improve facility energy efficiency and reduce energy costs.

NOW THEREFORE, BE IT RESOLVED, BY THE COUNCIL OF THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY:

Section 1. That the Metropolitan Mayor is authorized to sign all documents necessary to apply for, receive and administer Energy Efficiency Loan Program funding from ECD for the K. R. Harrington Water Plant Energy Saving Project.

Section 2. For each of the facilities approved by ECD for financing, Metro will fully participate in the Energy Efficiency Loan Program and will follow all applicable program rules and guidelines. Full program participation by Metro will include the following:

(a) Metro will borrow the approved loan amount from the ECD Energy Efficiency Loan program within six (6) months of the due date of the loan approval; and,
(b) Metro will implement the approved project/s within one year of the date of loan approval; and,
(c) Metro will provide ECD with a final work completion report when the approved project is implemented.

Section 3. To help determine the level of energy savings produced by the energy efficiency project, Metro will send copies of monthly facility energy bill to ECD during the term of the loan for project evaluation purposes.

Section 4. Metro will properly operate and maintain the loan-financed energy efficiency equipment in order to maximize facility energy savings.

Section 5. Metro will send this resolution to ECD, Energy Division, 320 Sixth Avenue North, Nashville, Tennessee 37243-0405, as an accompanying document to the application for loan program funds.

Section 6. This resolution shall take effect upon approval, the public welfare requiring it.

Sponsored by: Jim Forkum, Parker Toler

LEGISLATIVE HISTORY
Referred to:	Budget & Finance Committee Public Works Committee
Introduced:	November 18, 2008
Adopted:	November 18, 2008
Approved:	November 24, 2008
By: