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HomeMy WebLinkAbout01-04 S. • RESOLUTION NO. 1-04 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS WHEREAS, the California Energy Commission provides loans to schools, hospitals, local governments, special districts, and public care institutions to finance energy efficiency improvements; NOW, THEREFORE, the City Council authorizes the Town of Los Altos Hills to apply for an energy efficiency loan from the California Energy Commission to implement energy efficiency measures. BE IT ALSO RESOLVED, that if recommended for funding by the California Energy Commission, the City Council authorizes the Town of Los Altos Hills to accept a loan up to $200,000. BE IT ALSO RESOLVED, that the amount of the loan will be paid in full, plus interest, under the terms and conditions of the Loan Agreement,Promissory Note and Tax Certificate of the California Energy Commission. BE IT FURTHER RESOLVED, that Councilmember Breene Kerr, Chair of the Town's Town Hall Committee, is hereby authorized and empowered to execute in the name of the Town of Los Altos Hills all necessary documents to implement to undertake and complete the energy efficiency projects. PASSED,APPROVED AND ADOPTED this 15th day of January, 2004. By ^/ ayor / Attest: City WA