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HomeMy WebLinkAbout~Master - Smart Energy rebate payment to Ag Leader Technology RESOLUTION NO. 10-038 RESOLUTION AUTHORIZING SMART ENERGY REBATE PAYMENT TO AG LEADER TECHNOLOGY FOR THE CITY OF AMES WHEREAS, Smart Energy incentive programs are designed to help customers purchase and install energy efficient equipment, and the program helps reduce our electric utility's overall load and particularly helps reduce our peaks; and, WHEREAS, Ag Leader Technology recently participated in the Smart Energy program for a second time and is due a large incentive check for upgrades to its heating and cooling systems;and, WHEREAS, Ag Leader Technology installed a second geothermal heating and cooling system in its training center rather than a standard electric heating and cooling system, and this will save the customer approximately$2,500 annually; and, WHEREAS,estimated future cost savings for the City of Ames Electric Services is$34,575; and, WHEREAS, this installation qualifies Ag Leader Technology for a rebate of$33,390. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that authorization to pay Ag Leader Technology$33,390 as a Smart Energy rebate payment is hereby approved. ADOPTED THIS 9`' day of February, 2010. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Mahayni Seconded by: Davis Voting aye: Davis, Goodman, Larson, Mahayni, Orazem, Wacha Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 9"day of February, 2010.