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Attachment 2 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON, APPROVING AND AUTHORIZING THE CITY MANAGER OR DESIGNEE TO EXECUTE PACIFIC GAS AND ELECTRIC COMPANY'S ON-BILL FINANCING AGREEMENT AND ANY AMENDMENTS THERETO, SPECIFICALLY FOR ENERGY EFFICIENCY PROJECTS. WHEREAS, the City Council approved the City's Climate Action Plan, which included implementing energy efficiency projects to reduce energy, operating, and maintenance costs; WHEREAS, implementing the strategies contained in the Climate Action Plan will help the City reach its goals and comply with AB32, Global Warming Solutions Act; and WHEREAS, Pacific Gas and Electric Company administers an On-Bill Financing' program, which lends up to $250,000 to public agencies with no financing charges; and WHEREAS, the loan will be used to pay down the principal of the City's energy efficiency loan (if approved) from the California Energy Commission or other sources; and WHEREAS, the loan will be repaid from savings achieved on the implemented energy efficiency project(s); and WHEREAS, implementing energy efficiency projects will reduce the City's energy demand and costs, as well as its carbon footprint. NOW, THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: SECTION 1. The City Council does hereby approve and authorize the City Manager or designee to execute PG&E's On-Bill Financing Loan Agreement in a form approved by the City Attorney and any amendments thereto, for the purpose of implementing energy efficiency projects. SECTION 2. City Clerk shall certify to the passage of this resolution and enter it into the book of original resolutions. PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at a regular meeting held on January 15, 2013. I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing resolution was adopted by the City Council at a regular meeting held on the 15th day of January, 2013, by the following vote: Ayes: Noes: Absent: Abstain: PG&E also refers to this program as its"Off-Bill Financing" program.