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<br /> <br />PREPARED BY : JIM HARBIN <br /> Facilities & Environmental Programs Manager <br /> <br />Reviewed by: Town Manager, Assistant Town Manager, Town Attorney, Finance Director, and Parks <br />and Public Works Director <br /> <br /> <br />110 E. Main Street Los Gatos, CA 95030 ●A 40 8 -354 -68 32 <br /> <br />TOWN OF LOS GATOS <br />COUNCIL AGENDA REPORT <br />MEETING DATE: 0 6 /1 9 /2018 <br />ITEM NO: 8 <br /> <br /> <br />D ATE : JUNE 12 , 2018 <br />TO : MAYOR AND TOWN COUNCIL <br />FROM: LAUREL PREVETTI, TOWN MANAGER <br />SUBJECT: PROJECT NUMBER 821 -2008 ENERGY EFFICIENCY UPGRADES TOWNWIDE <br />AUTHORIZE THE TOWN MANAGER TO NEGOTIATE AND EXECUTE A <br />LETTER OF INTENT AND EXECUTE A N AGREEMENT FOR CONSULTANT <br />SERVICES WITH SYSERCO ENERGY SOLUTIONS TO P ERFORM AN <br />INVESTMENT GRADE AUDIT (IGA) FOR TOWN FACILITIES IN AN AMOUNT <br />NOT TO EXCEED $3 4 ,750 <br /> <br /> <br />RECOMMENDATION : <br /> <br />A uthorize the Town Manager to negotiate and execute a Letter of Intent (Attachment 1) and <br />execute a n Agreement for Consultant services (Attachment 2) with Syserco Energy Solutions to <br />perform an Investment Grade Audit (IGA) for Town facilities in an amount not to exceed <br />$3 4 ,750 . <br /> <br />BACKGROUND : <br /> <br />The Fiscal Year 2017/1 8 -2021/22 Capital Improvement Program (CIP) budget includes a project <br />to conduct energy efficiency upgrades at Town facilities. This p ortion of the projec t would <br />evaluate and provide a plan to update mechanical, lighting, and other related systems to <br />improve energy efficiency. <br /> <br />PG&E offers a means for accomplishing projects that save energy through a financing <br />mechanism that allows for the payment of project costs on the utility bill over time , called On <br />Bill Financing . Individual projects would be recommended based on the ability to balance the <br />energy savings with the cost of the project within a ten -year payback timeframe. <br /> <br />