HomeMy Public PortalAbout2011.011 (01-04-11) RESOLUTION NO. 2011.011
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING PAYMENT OF THE CALIFORNIA ENERGY COMMISSION LOAN
FROM THE TRAFFIC SIGNAL MAINTENANCE ACCOUNT NO. 2051.45.430
WHEREAS, the City applied for and received a loan from the California Energy
Commission (CEC) to replace incandescent traffic signal lights with newer energy
efficient Light Emitting Diode (LED) traffic signal lights; and
WHEREAS, the loan is to be paid from the traffic signal energy cost savings;
and
WHEREAS, the CEC loan payments in the amount of $265,099.90 are now due
and payable.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES
HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS:
Section 1. That staff is authorized to pay the loan amount from the Traffic
Signal Maintenance Account, Account No. 2051.45.430.
Section 2. Any Southern California Edison rebates and/or refunds may also be
used to pay the loan.
Section 3. This Resolution shall take effect immediately upon its
adoption.
Section 4. The City Clerk shall certify as to the adoption of this City Council
Resolution.
PASSED, APPROVED and ADOPTED this 4 day of January, 2011.
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Aide Castro, Mayor
ATTEST:
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aria Quinonez, ity Clerk Roger L. Haley, City Manager
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
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Fred Galante, City Attorney . Daniel Ojeda, P.E., rector of
Public Works / City Engineer
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the
foregoing Resolution was passed and adopted by the City Council of the City of
Lynwood at a regular meeting held on the 4 day of January, 2011.
AYES: COUNCIL MEMBERS FLORES, RODRIGUEZ, SANTILLAN, MORTON
AND CASTRO
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
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aria Quinonez, i y Clerk
STATE OF CALIFORNIA )
) SS.
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood, and the Clerk of the City
Council of said City, do hereby certify that the above foregoing is a full, true and correct
copy of Resolution No. 2011.011 on file in my office and that said Resolution was
adopted on the date and by the vote therein stated. Dated this 4 day of January,
2011.
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aria Quinonez, City Clerk