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01-04
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11/14/2014 11:14:01 AM
Creation date
11/14/2014 11:13:29 AM
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Resolutions
Number
01-04
Date
2004-01-15
Description
Authorizing the Application for an Energy Efficiency Loan from the California Energy Commission
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S. • <br /> RESOLUTION NO. 1-04 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE <br /> TOWN OF LOS ALTOS HILLS <br /> WHEREAS, the California Energy Commission provides loans to schools, <br /> hospitals, local governments, special districts, and public care institutions to finance <br /> energy efficiency improvements; <br /> NOW, THEREFORE, the City Council authorizes the Town of Los Altos Hills <br /> to apply for an energy efficiency loan from the California Energy Commission to <br /> implement energy efficiency measures. <br /> BE IT ALSO RESOLVED, that if recommended for funding by the California <br /> Energy Commission, the City Council authorizes the Town of Los Altos Hills to accept a <br /> loan up to $200,000. <br /> BE IT ALSO RESOLVED, that the amount of the loan will be paid in full, plus <br /> interest, under the terms and conditions of the Loan Agreement,Promissory Note and Tax <br /> Certificate of the California Energy Commission. <br /> BE IT FURTHER RESOLVED, that Councilmember Breene Kerr, Chair of the <br /> Town's Town Hall Committee, is hereby authorized and empowered to execute in the <br /> name of the Town of Los Altos Hills all necessary documents to implement to undertake <br /> and complete the energy efficiency projects. <br /> PASSED,APPROVED AND ADOPTED this 15th day of January, 2004. <br /> <br /> By <br /> ^/ <br /> ayor / <br /> Attest: <br /> <br /> City WA <br />
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