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RESOLUTION 2012 -005 <br />RESOLUTION OF THE TOWN COUNCIL OF THE <br />TOWN OF LOS GATOS AUTHORIZING <br />THE TOWN OF LOS GATOS TO APPLY FOR <br />FEDERAL STIMULUS FUNDING THROUGH THE <br />ENERGY EFFICIENCY CONSERVATION BLOCK GRANT PHASE 2 PROGRAM <br />WHEREAS, the Town of Los Gatos recognizes that it is in the interest of the regional, state, and <br />national economy to stimulate the economy; create and retain jobs; reduce fossil fuel emissions; and <br />reduce total energy usage and improve energy efficiency within our jurisdiction; and <br />WHEREAS, Energy Efficiency and Conservation Block Grant (EECBG) funds are available <br />through the California Energy Commission's EECBG Phase 2 Program for grants to eligible local <br />governments for cost - effective energy efficiency projects; and <br />WHEREAS, the Town of Los Gatos is eligible for EECBG funding under the California Energy <br />Commission's EECBG Program; and <br />WHEREAS, the Town of Los Gatos is proposing to implement the energy efficiency project /s <br />described in Exhibit A in order to qualify for EECBG Phase 2 funds from the California Energy <br />Commission. <br />NOW, THEREFORE, BE IT RESOLVED, that the Town of Los Gatos authorizes the <br />submittal of the application to the California Energy Commission's EECBG Phase 2 Program for funds <br />to execute the proposed project described in Exhibit A. <br />BE IT FURTHER RESOLVED, if recommended for funding by the California Energy <br />Commission, the Town of Los Gatos authorizes the Town of Los Gatos to accept a grant award up to the <br />amount of this application for $947,500 and the Town Manager is hereby authorized and empowered to <br />execute in the name of the Town of Los Gatos all necessary contracts and agreements, and amendments <br />hereto, to implement and carry out the purposes specified in the application. <br />