Authorize loan agreements with PG&E for city building and streetlight energy upgrades

PG&E Energy UpgradesContracts

In Plain English

The city wants to upgrade energy systems in city buildings and streetlights to reduce electricity costs. PG&E offers special financing where the city repays the loan through monthly utility bills instead of upfront payments. If approved, the city can borrow money for these improvements and pay it back over time through lower energy bills.

Auto-generated summary. Source: official agenda documents.

Votes

Adopt Resolution No. 23-12

Moved by: Councilmember BoozéSeconded by: Vice Mayor Rogers
Passed

6 to 0

McLaughlinAye
ButtRecused
BoozéAye
BatesAye
BecklesAye
RogersAye
RittermanAye