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HomeMy WebLinkAboutRES 071 Draft 01 1994-1996COUNTY OF HAWA~L STATE OF HAWAII RESOLUTION N0. '77. • 95 WHEREAS, Section 10-11 of the County Charter requires that any contract, lease, or other obligation requiring payment of funds from the appropriations of a later fiscal year or more than one fiscal year be approved by resolution; and WHEREAS, HRS 36-41 provides that any agency may enter into a multi-year performance contract, not exceeding 10 years, for the purpose of undertaking or implementing energy conservation or alternate energy measures in a facility or facilities; and WHEREAS, by entering into a Performance Contract for an energy retrofit to the Hawaii County Building, the annual electricity cost savings would be approximately $58,000 or 35"s; and WHEREAS, a copy of a scenario for a performance contract for the Hawaii County Building is attached hereto as Exhibit "A". NOW, THEREFORE, BE IT RESOLVED by the Council of the County of Hawaii: 1. That the Mayor is authorized to enter into a performance bond contract for an energy retrofit for the Hawaii County Building. 2. That sufficient funds be budgeted in future fiscal years to cover the anticipated obligation of the County under the performance bond. BE IT FURTHER RESOLVED that the Clerk transmit copies of this resolution to the Departments of Finance and Research & Development. Dated at Hilo, Hawaii, this 5th day of Aoril 1995. Int duced By: Cou cil e , County of Hawaii i hereby mrl vote indicated the County of ATTEST: ~~ ~ 'Q`'°~ i CO ; ITY CLERK CHAIRbYAN & PR IDING OFFICER ~~ ~ ~ ~~ COUNTY COUNCIL of Hawaii t C AYI+S ROES A83 RY oun y Hawaii Hilo ARAICASI X . 8O~_anaaucOR X the RESOLUTION wm b i CBII.DS y ng ify that the forego ht hereof adopted by the COUNCIL of the ri t DS LIDSA g o Hawaii on April 5, 1995 DODtIZIGO OSORIO RATS RAY SMITE 9 0 Reference C-246/FC-53 RESOLUTION NO. "Tl 9S EXHIBIT "A" ILL'. dATZVE SCENARIO FOR A PER._dMANCE CONTRACT FOR HAWAII COIINTY BIIILDING Annual electricity cost (basis. year 1994) ------- 165$000 Annual electricity cost after energy retrofit --- 107,000 Annual savings due to performance contract(35$)-- 58 000 Table 1 shows a possible scenario for distribution of the above energy cost savings in a performance contract. The assumption is made that unit energy cost savings remain constant over the years and that energy usage is stable. (In practice, a performance contract has provisions built in to allow for variations in utility rates and significant changes in actual energy usages such as might occur if a large number of new computers were installed.) This table is only an approximation of the savings and their distribution. Actual values will depend on the contract entered into with the energy service company (ESCO). NOTE: The performance contract guarantees that the County will not be liable for electric utility costs in excess of what would have been incurred had the performance contract not been implemented. TABLEI: SAVINGS DISTRIBUTION FROM A PERFORMANCE CONTRACT YEAR TOTAL COUNTY $ COUNTY ESCO $ PAYMENTS SAVINGS OF SAVINGS OF TO ESCO $ SAVINGS $ SAVINGS $ 1996 58,000 10 5,800 90 52,200 1997 58,000 10 5,800 90 52,200 1998 58,000 20 11,600 80 46,400 1999 58,000 20 11,600 80 46,400 2000 58,000 30 17,400 70 40,600 2001 58,000 40 23,200 60 34,800 2002 58,000 50 29,000 50 29,000 2003 58,000 60 34,800 40 23,200 2004 58,000 70 40,600 30 17,400 2005 58,000 80 46,400 20 11,600 End of Contract 2006 58,000 100 58,000 0 0