Fiscal Note
The proposed resolution would accept Focus on Energy incentives and amend the 2020 Adopted Capital budget to reflect receipt of those funds. The resolution would increase the 2020 Adopted Capital budget for Engineering - Facilities Management Energy Improvements (MUNIS 12354) by $219,000 and Metro Facility Improvements Project by $125,000 (MUNIS 11229).
MUNIS:
12354-401-200 $219,000
12354-401-220 $219,000
11229-85-140-114403 $125,000
11229-85-220 $125,000
Title
Amending the adopted 2020 Engineering-Facilities Management capital budget and Metro capital budget to allow acceptance of Focus on Energy incentive checks into the Engineering Energy Improvements Fund and Metro Facility Repairs and Improvements Fund totaling approximately $344,000. (15th AD)
Body
WHEREAS, Focus on Energy is an energy efficiency and renewable resource program funded by the state’s investor-owned energy utilities, under Wis. Stat. § 196.374(2)(a), and participating municipal and electric cooperative utilities. The program works with eligible Wisconsin residents, businesses, and local governments to install cost-effective energy efficiency and renewable energy projects. The program is currently administered by APTIM (“Program Administrator”) under contract with Statewide Energy Efficiency and Renewable Administration, Inc. (“SEERA”) although the program administrator can change from time to time; and,
WHEREAS the City and Focus on Energy have entered into Incentive Agreements for various installations completed in 2020 that improve energy efficiency and reduce operating costs; AND,
WHEREAS the total incentive amount offered by Focus on Energy is not a guarantee of specific incentive amounts; AND,
WHEREAS Focus on energy will determine the final incentive amounts after verification of the installations in 2020;
WHEREAS the City of Madison will be receiving a check for energy efficient construction of the Fleet Services Building at 4151 Nakoosa Trail for approximately...
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