THE CORPORATION OF THE CITY OF PORT COQUITLAM SEP 10 1999 MEMORANDUM B.R. Kirk September 5th, 1990 City Administrator R.A. Freeman City Clerk/Deputy City Administrator City Hall Energy Efficiency. RESOLUTION: That the offer of Can-Pac Energy Consultants to install an energy management system in the Port Coquitlam City Hall as outlined in their presentation dated August 23rd, 1990 for the price of $9,968.75 plus any rebate received from B.C. Hydro and Power Authority be accepted; And That the cost be taken from the Future Capital Reserve. BACKGROUND AND COMMENTS: The actual entire cost of the system installation is $15,950.00 and it has been calculated that there will be a rebate from B.C. Hydro to the City of $5,981.25 thus resulting in the net cost set forth above. The savings to the City have been calculated at $5,115.24 per year increasing as the cost of electricity and gas increases. Thus the "pay-back” period is less than two years. The firm providing the offer is the same firm that did similar work for the City's recreation facilities several years ago. Copies of the complete proposal were provided to Council members earlier. - RAF/sr rae, kk R.A. Freeman, City Clerk/ 4/11 Deputy City Administrator City Treasurer's Comments: I verify that there are sufficient funds in the Future Capital Reserve to cover the recommendation above. City Treasurer