Res 072-2018 Contract with Ameresco 7/3/2018
Resolution No. 72-2018
Resolution authorizing the City Manager to enter into a contract with
Ameresco Incorporated in the amount of $2,880,784 to perform
services related to the installation of light emitting diode (LED)
roadway lighting fixtures with a performance guarantee that annual
savings will be sufficient to pay the annual cost of the system over a
15-year period
WHEREAS, the City selected Ameresco Incorporated through the Interlocal
Purchasing System to perform an Investment Grade Audit to evaluate the cost/benefits
diode (LED) lighting fixtures; and,
WHEREAS, the results of that audit demonstrated that such project could be
installed and then paid for over a period of ten years with annual savings derived from
the system; and,
WHEREAS, Ameresco will guarantee such a cost neutral project through a
performance contract; and,
WHEREAS, the City Council desires to move forward with installation of such a
system.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
The City Manager is authorized to enter into a contract, in a form approved by
the City Attorney, with Ameresco Incorporated in the amount of $2,880,784 to perform
services related to the installation of light emitting diode (LED) roadway lighting fixtures
with a performance guarantee that annual savings will be sufficient to pay the annual
cost of the system over a 15-year period.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
rd
PASSED AND APPROVED this the 3 day of July, 2018.
______________________________
M A Y O R
ATTEST:
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City Clerk