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HomeMy WebLinkAbout102-Attachment A: Letter of Commitment for CaliforniaFIRST program.pdf Incorporated October 22, 1956 CITY OF SARATOGA 13777 FRUITVALE AVENUE • SARATOGA, CALIFORNIA 95070 • www.saratoga.ca.us COUNCIL MEMBERS: Jill Hunter Kathleen King Howard Miller Susie Nagpal Chuck Page November 18, 2009 Elizabeth Stone, Contracts Officer California Energy Commission 1516 Ninth Street, MS-18 Sacramento, California 95814 RE: PON #400-09-401 Municipal Financing Program Application: CaliforniaFIRST Program Dear Ms. Stone: The City of Saratoga is pleased to offer this letter of commitment to the State Energy Program application of Sacramento County regarding the CaliforniaFIRST Program, a property assessed clean energy program, sponsored by the California Statewide Communities Development Authority (“California Communities”). I am authorized to sign this letter of commitment on behalf of the City of Saratoga pending final approval of City Council. Through participation in this municipal financing program, the City of Saratoga strives to create lasting market and behavioral changes resulting in the increased adoption of distributed generation renewable energy sources and energy efficiency improvements for the property owners in the our jurisdiction. The City of Saratoga authorizes Sacramento County as the lead agency in submitting this application on behalf of our jurisdiction to provide funding in two program areas to ensure the long-term success of this innovative municipal financing program: Program Financing Costs—to buy-down the interest rate on the initial round(s) of projects financed by the CaliforniaFIRST Program; cover fixed costs associated with bond counsel, bond disclosure, and bond rating; and fund set-up fees for counties and cities which cover legal and validation costs, as well as the deployment of technology to support local programs. Local Coordination and Marketing Costs—to provide for grant administration; technical assistance; agency coordination; steering committee participation; education, outreach, incentives, and marketing; and community coordination for property owners participating in the program. Aligned with the U.S. Department of Energy (DOE) and California Energy Commission (CEC) State Energy Program strategies, our proposed program will increase green jobs, increase energy efficiency and deployment of renewable energy technologies, promote economic activity, and reduce greenhouse gas emissions. The City of Saratoga will help to guide program development and implementation in our jurisdiction and throughout the region by serving on the appropriate steering committee, and coordinating with state level CaliforniaFIRST partners, local government coordination program partners, and relevant internal departments. We will work collaboratively to ensure the success of the pilot and the long-term success of the program. The City of Saratoga intends to seek City Council approval and provide the CEC with the necessary governing board resolutions contingent upon finalization of the resolutions, proposal selection for funding, and inclusion in the Notice of Proposed Awards. The resolutions are: 1. Authorization for the collaborative lead agency bidder Sacramento County to apply for and receive funding on behalf of the City of Saratoga, and 2. Authorization for City of Saratoga to join the California Communities CaliforniaFIRST Program. City of Saratoga is grateful for your consideration of this proposal. If you have any questions regarding this request, please feel free to contact: Barbara Powell, Assistant City Manager (408) 868-1215 bpowell@saratoga.ca.us Crystal Morrow, Administrative Analyst II (408) 868-1275 cmorrow@saratoga.ca.us Sincerely, Chuck Page, Mayor City of Saratoga