HomeMy WebLinkAboutRES 11-53RESOLUTION NO. 11-53
A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF
APACHE JUNCTION,ARIZONA,RETROACTIVELY AUTHORIZING THE
CITY OF APACHE JUNCTION TO ENTER INTO A PERFORMANCE
CONTRACT AND RELATED FINANCIAL AGREEMENT WITH SIEMENS
INDUSTRY, INC.
WHEREAS, the City of Apache Junction and Siemens Industry,
Inc.desire to enter into a performance contract and related
financing for the execution of select energy conservation
facility improvement measures within the city; and
WHEREAS, the Mayor and City Council discussed this contract
at its December 5, 2011 Work Session; and
WHEREAS,on December 6, 2011,the Mayor and City Council
unanimously voted to approve the above -noted agreements; and
WHEREAS,by entering into a performance contract and
implementing self-supporting energy conservation facility
improvement measures,the City will reduce citywide energy
consumption,reduce overall carbon footprint,hedge against
future utility rate increases and create a positive cash flow
back to the City.
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY
COUNCIL OF THE CITY OF APACHE JUNCTION ARIZONA, AS FOLLOWS:
1)The Mayor and City Council hereby retroactively approves
the previously signed agreements between the City of Apache
Junction and Siemens Industry Inc.
2)The City Manager and/or his designee is authorized and
directed to take all steps necessary to carry out the
purpose and intent of the agreements.
PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF
APACHE JUNCTION, ARIZONA,THIS 3RD DAY OF MARY
2012.
RESOLUTION NO. 11-53
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SIGNED AND ATTESTED TO THIS 9711 DAY OF JANUARY , 2012.
dd/14A44--er--HN S. INSALACO
Mayor
ATTEST:
KATHLEEN CONNELLY
City Clerk
APPROVED AS TO FORM:
RICHARD J. STERN
City Attorney
RESOLUTION NO. 11-53
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