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HomeMy WebLinkAbout1998-072A. RESOLUTION 98 - 7?A APPROVAL OF APPLICATIONS FOR REBATES FROM NORTHERN STATES POWER AND GRANT FROM THE STATE OF MINNESOTA FOR ENERGY IMPROVEMENT MEASURES AT LILY LAKE ICE ARENA BE IT RESOLVED, by the City Council of the City of Stillwater, Minnesota, that the applications for rebates from Northern States Power and for a grant from the State of Minnesota for the improvements recommended to the Lily Lake Ice Arena pursuant to the audit prepared by the Center for Energy and Environment is hereby approved, and the appropriate city staff is authorized to sign said applications. Adopted by Council this 17TH day of March, 1998. ay Kimb e, Mayor Attest: ile Kriesel, Actin City Clerk h°R-24-_9G9 14~V]c CTR i=tJR ENERGY s~ EfJUIROt`1 Ice Arena Energy Grant Application P;r:tse complete this form and return it to thr Crnter fur Energy antl Environment (CEE) Lake Arena ~ City of Stillwater i08 South Greely Street (P,O. gox 146) ~ Stillwater 1 Nii\+ ~ 55082 An Energy Grant will be provided to arena owners to reduce the installation cost for the energy improvement measures listed below. A: enss that receive Energy Grants must submit to CEE an accepted contractor price quote for the approved improvement measure(s) by May 1, 1998. The measure(s) must be installed and operational by lone 19, 2995. T'he following restrictions apply to the Energy Grant: i . The grant amount cannot exceed 50°.0 of the irtstallyd cost. ?. The rota: grant amount fora ;aciliry cannot exceed $25,000 x (~ sheets at the facility;. 3. Bach energy improvcment measure must have a simple payback o''ten years or less. 4. The lrncrgy Grant will not excesd an amount tl:dr will result in a payback on the imp: ovement packsge of less than 2 years. 5. Available utility rebates must be included in the Energy Grant calculation. 6. The arena owner must provide at least 50% of the total funding. The funding from owners can come from utility programs, but it can not include Siate grant or loan program sources. An Energy Grant is rPgnested for the following measures: Iaterested Im rove ent Energy Impravrment Nessurts Total Cos! UtiIIty Rcbutt Arena Cost Annual Payback Sevin s vvJ rtbatt lnsulttte Hot Water Sto r Tttrtlt S9o0 5144 5816 591 9.0 Li htin !m rovements $9100 5692 58,408 5G59 12.8 Total St0.060 5836 59,22: $750 12.3 Ener Grant! 55,030 Total. Iaeladin Ene v Grant & titiii Incentives 510,060 $836 $4,194 5730 lea Daek, Includin Ener v Graai and Utility Incentives'`: 5.6 veers ' Required Arena Owner Funding: _ 54.19.4 _ • :his payback may be reduced by imple^-ertirg "ro cost" epcra:icn and maintenance treasures Autitoriud Arcra Represen~ rive $ignn Title !?ste ~ enter for orgy and Gnviton nt Si ar_•re T4ie !Dare I 'fhe Stare o` Minnesota ha~3ppropriated S47C,000 to dwelop and imple:mnt this program. Funding wru :approved by the Viinnesota Legislature, 1995 Minnesota Laws, Ch. 22C, Sec. I9, S.rbd. 1 lie) to reco7mcaded by the Legislative Commission on ~tinnesots Ftesourcea from Oil tasc4i['~3~iP~t1~9~t~Gra~i gram was Selected Through 2rt open proposal process. a~za,9d, t:ss ana