COUNCIL COMMUNICATION
TO: Honorable Mayor and Council
FROM: J. Greg Froslie, P.E., Community Investment Department
SUBJECT:Title
Approve Amendment to Measurement, Verification Agreement and Savings Guarantee Agreement No. 111-010
Body
FUNDING SOURCE:
N/A
PURPOSE:
Approve Amendment to Measurement, Verification Agreement and Savings Guarantee Agreement No. 111-010.
BACKGROUND:
In May of 2011, the City and Ameresco entered into the original Measurement, Verification and Saving Guarantee Agreement which provided for the installation of Energy Conservation Measures (ECM) at the Aquatic and Community Center including a Solar Thermal System. Since then, a savings shortfall has occurred with respect to the Solar Thermal System. The original agreement discusses this situation and includes provisions to replace the ECM causing the savings shortfall, or making a shortfall payment. Rather than applying these contract provisions, the Amendment will provide for the replacement of the boiler that was removed during the investigation of the shortfall and Ameresco will undertake certain operations and maintenance functions with respect to the Solar Thermal System, which were previously performed by the City, under the terms of the original agreement.
COMMUNITY IMPACT:
The boiler will be replaced and the Solar Thermal System will operate as intended and at an optimal level, thereby providing a more enjoyable experience at the Aquatic and Community Center.
FISCAL IMPACT:
No City funds will be spent, however, the City will benefit from the replacement of the boiler at no cost and the potential savings from optimal operation of the system.
ATTACHMENTS:
Amendment to Measurement, Verification Agreement and Savings Guarantee Agreement No. 111-010
SUGGESTED MOTION:Recommended Action
I move to approve the Amendment to Measurement, Verification Agreement and Savings Guarantee Agreement No. 111-010.