City of Milwaukee - File #: 241509

• File #: 241509
• Version: 1
• Type: Resolution
• Status: Placed On File
• File created: 1/21/2025
• In control: COMMON COUNCIL
• Final action: 2/11/2025
• Title: Substitute resolution authorizing a tax-exempt lease purchase agreement to finance energy efficiency and solar energy projects at various City facilities.
• Sponsors: ALD. DIMITRIJEVIC
• Indexes: AGREEMENTS, CITY PROPERTY, ENERGY CONSERVATION

Date	Ver.	Action By	Action	Result	Tally
2/11/2025	1	COMMON COUNCIL	PLACED ON FILE	Pass	13:0
2/5/2025	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR PLACING ON FILE; Minutes note: Appearing: Erick Shambarger, Environmental Collaboration Office Pamela Ritger de la Rosa, Environmental Collaboraton Office Joshua Benson, Comptroller's Office	Pass	5:0
2/4/2025	1	CITY CLERK	DRAFT SUBMITTED
1/21/2025	0	COMMON COUNCIL	ASSIGNED TO

Number
241509
Version
SUBSTITUTE 1
Reference
231872, 241332

Sponsor
ALD. DIMITRIJEVIC

Title
Substitute resolution authorizing a tax-exempt lease purchase agreement to finance energy efficiency and solar energy projects at various City facilities.

Analysis
This resolution authorizes the City to enter into a tax-exempt lease purchase agreement with a purchaser to be determined by competitive bid in an amount not to exceed $1,800,000 for energy conservation and facility improvement measures at the Department of Public Works Field Headquarters, Central Repair Garage or a similar City building, and Milwaukee Police Department District Station 3.

Body
Whereas, Under Common Council File Number 231872, adopted April 9, 2024, and consistent with s. 66.0133, Wis. Stats. (“the Statute”), Johnson Controls, Inc. (“Johnson”) has completed an investment grade energy report of building systems and equipment (“the Report”) at the Department of Public Works Field Headquarters, Central Repair Garage or a similar City building, and Milwaukee Police Department District Station 3; and

Whereas, Common Council File Number 241332 describes the Report and, to address the recommendations from the Report, the proposed guaranteed energy savings performance contract (the “Contract”) with Johnson; and

Whereas, Energy savings was guaranteed by Johnson for the entire term of the Contract and Johnson was awarded the Contract; and

Whereas, Common Council File Number 241332 also provides that financing of the Contract shall not exceed $2,605,746, of which an amount not to exceed $805,746 shall come from previously appropriated capital accounts and grants and an amount not to exceed $1,800,000 shall come from the tax-exempt lease purchase agreement (“the Lease Agreement”); and

Whereas, Execution and delivery of the Contract, in turn, depends on execution and delivery of the Lease Agreement between the City and the purchaser to be determined by competitive bid, under which:

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