2o 17 OCR.pdf
ACTION SHEET PUBLIC UTILITES COMMITTEE MEETING 1/4/16
ISSUE N0.15 Request for approval of Resolution No. 2017-_ _. A resolution directing the City Manager to work with Santa Fe County to develop a Memorandum of Understanding for the use of $1.5 million of qualified Energy Conservation Bonds currently allocated to Santa Fe County. (John Alejandro) (Mayor Gonzales and Councilor Ives) Public Utilities Committee- 1/4/2017 Finance Committee- 1117/2017 City Council- 1/25/2017
PUBLIC UTILITIES COMMITTEE ACTION: Approved to forward to 1/17/2017 Finance Committee. SPECIAL CONDITIONS OR AMENDMENTS: STAFF FOLLOW UP: VOTE: COUNCILOR RIVERA, CHAIR
FOR Excused
COUNCILOR MAESTAS
Excused
COUNCILOR TRUJILLO
X
COUNCILOR LINDELL
X
COUNCILOR VILLARREAL
X
AGAINST
ABSTAIN
1
City of Santa Fe, New Mexico LEGISLATIVE SUMMARY Resolution No. 2017County QECB MOU SPONSOR(S):
Mayor Gonzales and Councilor Ives
SUMMARY:
The proposed resolution directs the City Manager to work with Santa Fe County to develop a Memorandum of Understanding for the use of $1.5 million of Qualified Energy Conservation Bonds currently allocated to Santa Fe County.
PREPARED BY:
Rebecca Seligman, Legislative Liaison Assistant
FISCAL IMP ACT: No
DATE:
December 19,2016
ATTACHMENTS: Resolution FIR
2
CITY OF SANTA FE, NEW MEXICO 2
RESOLUTION NO. 2017-_
3
INTRODUCED BY:
4 5
Mayor Javier M. Gonzales
6 7
8 9 10
A RESOLUTION
II
DIRECTING THE CITY MANAGER TO WORK WITH SANTA FE COUNTY TO
I2
DEVELOP A MEMORANDUM OF UNDERSTANDING FOR THE USE OF $1.5
13
MILLION OF QUALIFIED ENERGY CONSERVATION BONDS CURRENTLY
14
ALLOCATED TO SANTA FE COUNTY.
15 16
WHEREAS, on August 10, 2016 the Governing Body adopted Resolution No. 2016-62
17
authorizing and approving an application to the New Mexico State Board of Finance for Qualified
I8
Energy Conservation Bonds (QECB) to be used for the expansion of an energy efficiency loan
19
program administered by Homewise; and
20 21
WHEREAS, Homewise operates an Energy Efficiency Loan program to help families in Santa Fe County conserve energy and protect the value of their homes; and
22
WHEREAS, using capital from QECBs, Homewise will expand the Energy Efficiency
23
Loan program and offer lower interest rates to help reach families at all income ranges including
24
low- and moderate-income who would benefit the most from lower energy costs; and
25
WHEREAS, such energy efficiency loans finance projects that conserve resources like
1
3
1
energy and water, and generate clean electricity through solar energy; and
2
WHEREAS, a limited amount ofQECBs remain available for use statewide; and
3
WHEREAS, procurement and use of those bonds are not guaranteed because the
4
allocation and use of the bonds are subject to applications made by other municipalities that are
5
then reviewed and approved by the State Board of Finance; and
6 7 8 9
WHEREAS, Santa Fe county has $1.5 million in previously allocated QECB bonds that have yet to be used, and are not currently dedicated to any specified project; and
WHEREAS, Homewise serves customers both in the city of Santa Fe, and throughout all of Santa Fe county; and
10
WHEREAS, developing a memorandum of understanding with Santa Fe county
11
regarding the use of the QECB funds will benefit residents of both the city of Santa Fe and Santa
12
Fe county.
13
NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE
14
CITY OF SANTA FE that the city manager is directed to work with Santa Fe county to develop
15
a memorandum of understanding for use of the $1.5 million of QECBs currently allocated to
16
Santa Fe county.
17
PASSED, APPROVED AND ADOPTED this _ _day
_ _ _ _,2017.
18 19 20 21
JAVIER M. GONZALES, MAYOR ATTEST:
22
23 24
YOLANDA Y. VIGIL, CITY CLERK
2
4
1
APPROVED AS TO FORM:
2 3
~
4
KELLEY A. BRENNAN, CITY ATTORNEY
5 6
7 8 9 10 11 12 13 14 15 16
17 18 19 20 21 22 23 24 25
M!Legislation/Resolutions 2017/County QECB MOU
3
5
City of Santa Fe Fiscal Impact Report (FIR) This Fiscal Impact Report (FIR) shall be completed for each proposed bill or resolution as to its direct impact upon the City's operating budget and is intended for use by any of the standing committees of and the Governing Body of the City of Santa Fe. Bills or resolutions with no fiscal impact still require a completed FIR. Bills or resolutions with a fiscal impact must be reviewed by the Finance Committee. Bills or resolutions without a fiscal impact generally do not require review by the Finance Committee unless the subject of the bill or resolution is fmancial in nature. Section A.
General Information
(Check) Bill: Resolution: X (A single FIR may be used for related bills and/or resolutions) Short Title(s): A RESOLUTION DIRECTING THE CITY MANAGER TO WORK WITH SANTA FE COUNTY TO DEVELOP A MEMORANDUM OF UNDERSTANDING FOR THE USE OF $1.5 MILLION OF QUALIFIED ENERGY CONSERVATION BONDS CURRENTLY ALLOCATED TO SANTA FE COUNTY. Sponsor(s): Mayor Gonzales Reviewing Department(s): "'-P>!.ub""l"'ic"-U~ti"'li""ti""e"-s- - - - - - - - - - - - - - - - - - - - - - - - - Persons Completing FIR:
,_,Jo""h~n,_,A~le'""ja""n.!.>dr=o_ _ _ _ _ _ _
ReviewedbyCityAttomey
Date: 12/1/16
Phone: 955-6236
~A. ~Date /J-/1+/!W ·
Reviewed by Finance Director:
ignature).
~ k'"'
l£
/
Date:
/ t._ ' f
/
U 'ItO
(Signatye)
===================================~==============================================
Section B. Summary Briefly explain the purpose and major provisions of the bill/resolution: This resolution directs the city manager to work with Santa Fe county to develop a memorandum of understanding that would enable Homewise to utilize $1.5 million of QECBs that have been previously allocated to the County for use in its low interest energy efficiency loan program that helps homeowners install energy efficient and/or renewable energy technology in their homes to reduce utility costs and improve the environment.
============================================================================== Section C. Fiscal Impact Note: Financial information on this FIR does not directly translate into a City of Santa Fe budget increase. For a budget increase, the following are required: a. The item must be on the agenda at the Finance Committee and City Council as a "Request for Approval of a City of Santa Fe Budget Increase" with a definitive funding source (could be same item and same time as bilVresolution) b. Detailed budget information must be attached as to fund, business units, and line item, amounts, and explanations (similar to annual requests for budget) c. Detailed personnel forms must be attached as to range, salary, and benefit allocation and signed by Human Resource Department for each new position(s) requested (prorated for period to be employed by fiscal year)* 1. Projected Expenditures: a. Indicate Fiscal Year(s) affected- usually current fiscal year and following fiscal year (i.e., FY 03/04 and FY 04/05) "A" if current budget and level of staffing will absorb the costs b. Indicate: "N" if new, additional, or increased budget or staffing will be required "R" - if recurring annual costs c. Indicate: "NR" if one-time, non-recurring costs, such as start-up, contract or equipment costs d. Attach additional projection schedules if two years does not adequately project revenue and cost patterns Finance Director: _ _ __
6
e. Costs may be netted or shown as an offset if some cost savings are projected (explain in Section 3 Narrative) Check here if no fiscal impact
X Column#· Expenditure Classification
2 FY - - -
3 "A" Costs Absorbed or "N" New Budget Required
4
5
"R" Costs Recurring or"NR" Nonrecurring
FY
Personnel*
$
$
Fringe**
$
$
Capital Outlay
$
$
Land/ Building
$
$
Professional Services
$
$
All Other Operating Costs
$
$
Total:
$
$
6 "A" Costs Absorbed or "N" New Budget Required
7
"R" CostsRecurring or"NR" Nonrecurring
8 Fund Affected
* Any indication that additional staffing would be required must be reviewed and approved in advance by the City Manager by attached memo before release of FIR to committees. **For fringe benefits contact the Finance Dept.
2. Revenue Sources: a. To indicate new revenues and/or b. Required for costs for which new expenditure budget is proposed above in item 1. Column#: Type of Revenue
Total:
2 FY - - -
3 "R" Costs Recurring or"NR" Nonrecurring
4
FY - - -
$
$
$
$
$
$
$
$
2
5 "R" CostsRecurring or "NR"Nonrecurring
6 Fund Affected
7
3. Expenditure/Revenue Narrative: Explain revenue source(s). Include revenue calculations, grant(s) available, anticipated date of receipt of revenues/grants, etc. Explain expenditures, grant match(s), justify personnel increase(s), detail capital and operating uses, etc. (Attach supplemental page, if necessary.) N/A
================================================================================== Section D.
General Narrative
I. Conflicts: Does this proposed bill/resolution duplicate/conflict with/companion to/relate to any City code, approved ordinance or resolution, other adopted policies or proposed legislation? Include details of city adopted laws/ordinance/resolutions and dates. Summarize the relationships, conflicts or overlaps.
The resolution complements Resolution No. 2016-62 passed by the Governing Body on August 10, 2016 authorizing and approving an application by the City of Santa Fe and Homewise to the New Mexico State Board of Finance for Qualified Energy Conservation Bonds, to be used for the expansion of an energy efficiency loan program administered by Homewise. 2. Consequences of Not Enacting This Bill/Resolution: Are there consequences of not enacting this bill/resolution? If so, describe. A limited amount of QECBs remain available for use statewide, however the procurement and use of those bonds are not guaranteed because the allocation and use of the bonds are subject to applications made by other municipalities that are then reviewed and approved by the State Board of Finance. Therefore, it is advantageous for the city and Homewise to work with Santa Fe County to utilize the $1.5 million of QECBs already allocated to the county to help administer the Homewise energy efficiency program.
3. Technical Issues: Are there incorrect citations of law, drafting errors or other problems? Are there any amendments that should be considered? Are there any other alternatives which should be considered? If so, describe. None identified. 4. Community Impact: Briefly describe the major positive or negative effects the Bill/Resolution might have on the community including, but not limited to, businesses, neighborhoods, families, children and youth, social service providers and other institutions such as schools, churches, etc. Pursuing and agreeing to an MOU with Santa Fe county would allow Homewise to access $1.5 million in QECB funds allocated to the county to expand their energy efficiency loan program that offers lower interest rates to help low- and moderate-income homeowners install energy efficient technology in their houses.
Form adopted: 0 1112/05; revised 8/24/05; revised 4117/08
3
8
ISSUE N0.15 Request for approval of Resolution No. 2017-_ _. A resolution directing the City Manager to work with Santa Fe County to develop a Memorandum of Understanding for the use of $1.5 million of qualified Energy Conservation Bonds currently allocated to Santa Fe County. (John Alejandro) (Mayor Gonzales and Councilor Ives) Public Utilities Committee- 1/4/2017 Finance Committee- 1117/2017 City Council- 1/25/2017
PUBLIC UTILITIES COMMITTEE ACTION: Approved to forward to 1/17/2017 Finance Committee. SPECIAL CONDITIONS OR AMENDMENTS: STAFF FOLLOW UP: VOTE: COUNCILOR RIVERA, CHAIR
FOR Excused
COUNCILOR MAESTAS
Excused
COUNCILOR TRUJILLO
X
COUNCILOR LINDELL
X
COUNCILOR VILLARREAL
X
AGAINST
ABSTAIN
1
City of Santa Fe, New Mexico LEGISLATIVE SUMMARY Resolution No. 2017County QECB MOU SPONSOR(S):
Mayor Gonzales and Councilor Ives
SUMMARY:
The proposed resolution directs the City Manager to work with Santa Fe County to develop a Memorandum of Understanding for the use of $1.5 million of Qualified Energy Conservation Bonds currently allocated to Santa Fe County.
PREPARED BY:
Rebecca Seligman, Legislative Liaison Assistant
FISCAL IMP ACT: No
DATE:
December 19,2016
ATTACHMENTS: Resolution FIR
2
CITY OF SANTA FE, NEW MEXICO 2
RESOLUTION NO. 2017-_
3
INTRODUCED BY:
4 5
Mayor Javier M. Gonzales
6 7
8 9 10
A RESOLUTION
II
DIRECTING THE CITY MANAGER TO WORK WITH SANTA FE COUNTY TO
I2
DEVELOP A MEMORANDUM OF UNDERSTANDING FOR THE USE OF $1.5
13
MILLION OF QUALIFIED ENERGY CONSERVATION BONDS CURRENTLY
14
ALLOCATED TO SANTA FE COUNTY.
15 16
WHEREAS, on August 10, 2016 the Governing Body adopted Resolution No. 2016-62
17
authorizing and approving an application to the New Mexico State Board of Finance for Qualified
I8
Energy Conservation Bonds (QECB) to be used for the expansion of an energy efficiency loan
19
program administered by Homewise; and
20 21
WHEREAS, Homewise operates an Energy Efficiency Loan program to help families in Santa Fe County conserve energy and protect the value of their homes; and
22
WHEREAS, using capital from QECBs, Homewise will expand the Energy Efficiency
23
Loan program and offer lower interest rates to help reach families at all income ranges including
24
low- and moderate-income who would benefit the most from lower energy costs; and
25
WHEREAS, such energy efficiency loans finance projects that conserve resources like
1
3
1
energy and water, and generate clean electricity through solar energy; and
2
WHEREAS, a limited amount ofQECBs remain available for use statewide; and
3
WHEREAS, procurement and use of those bonds are not guaranteed because the
4
allocation and use of the bonds are subject to applications made by other municipalities that are
5
then reviewed and approved by the State Board of Finance; and
6 7 8 9
WHEREAS, Santa Fe county has $1.5 million in previously allocated QECB bonds that have yet to be used, and are not currently dedicated to any specified project; and
WHEREAS, Homewise serves customers both in the city of Santa Fe, and throughout all of Santa Fe county; and
10
WHEREAS, developing a memorandum of understanding with Santa Fe county
11
regarding the use of the QECB funds will benefit residents of both the city of Santa Fe and Santa
12
Fe county.
13
NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE
14
CITY OF SANTA FE that the city manager is directed to work with Santa Fe county to develop
15
a memorandum of understanding for use of the $1.5 million of QECBs currently allocated to
16
Santa Fe county.
17
PASSED, APPROVED AND ADOPTED this _ _day
_ _ _ _,2017.
18 19 20 21
JAVIER M. GONZALES, MAYOR ATTEST:
22
23 24
YOLANDA Y. VIGIL, CITY CLERK
2
4
1
APPROVED AS TO FORM:
2 3
~
4
KELLEY A. BRENNAN, CITY ATTORNEY
5 6
7 8 9 10 11 12 13 14 15 16
17 18 19 20 21 22 23 24 25
M!Legislation/Resolutions 2017/County QECB MOU
3
5
City of Santa Fe Fiscal Impact Report (FIR) This Fiscal Impact Report (FIR) shall be completed for each proposed bill or resolution as to its direct impact upon the City's operating budget and is intended for use by any of the standing committees of and the Governing Body of the City of Santa Fe. Bills or resolutions with no fiscal impact still require a completed FIR. Bills or resolutions with a fiscal impact must be reviewed by the Finance Committee. Bills or resolutions without a fiscal impact generally do not require review by the Finance Committee unless the subject of the bill or resolution is fmancial in nature. Section A.
General Information
(Check) Bill: Resolution: X (A single FIR may be used for related bills and/or resolutions) Short Title(s): A RESOLUTION DIRECTING THE CITY MANAGER TO WORK WITH SANTA FE COUNTY TO DEVELOP A MEMORANDUM OF UNDERSTANDING FOR THE USE OF $1.5 MILLION OF QUALIFIED ENERGY CONSERVATION BONDS CURRENTLY ALLOCATED TO SANTA FE COUNTY. Sponsor(s): Mayor Gonzales Reviewing Department(s): "'-P>!.ub""l"'ic"-U~ti"'li""ti""e"-s- - - - - - - - - - - - - - - - - - - - - - - - - Persons Completing FIR:
,_,Jo""h~n,_,A~le'""ja""n.!.>dr=o_ _ _ _ _ _ _
ReviewedbyCityAttomey
Date: 12/1/16
Phone: 955-6236
~A. ~Date /J-/1+/!W ·
Reviewed by Finance Director:
ignature).
~ k'"'
l£
/
Date:
/ t._ ' f
/
U 'ItO
(Signatye)
===================================~==============================================
Section B. Summary Briefly explain the purpose and major provisions of the bill/resolution: This resolution directs the city manager to work with Santa Fe county to develop a memorandum of understanding that would enable Homewise to utilize $1.5 million of QECBs that have been previously allocated to the County for use in its low interest energy efficiency loan program that helps homeowners install energy efficient and/or renewable energy technology in their homes to reduce utility costs and improve the environment.
============================================================================== Section C. Fiscal Impact Note: Financial information on this FIR does not directly translate into a City of Santa Fe budget increase. For a budget increase, the following are required: a. The item must be on the agenda at the Finance Committee and City Council as a "Request for Approval of a City of Santa Fe Budget Increase" with a definitive funding source (could be same item and same time as bilVresolution) b. Detailed budget information must be attached as to fund, business units, and line item, amounts, and explanations (similar to annual requests for budget) c. Detailed personnel forms must be attached as to range, salary, and benefit allocation and signed by Human Resource Department for each new position(s) requested (prorated for period to be employed by fiscal year)* 1. Projected Expenditures: a. Indicate Fiscal Year(s) affected- usually current fiscal year and following fiscal year (i.e., FY 03/04 and FY 04/05) "A" if current budget and level of staffing will absorb the costs b. Indicate: "N" if new, additional, or increased budget or staffing will be required "R" - if recurring annual costs c. Indicate: "NR" if one-time, non-recurring costs, such as start-up, contract or equipment costs d. Attach additional projection schedules if two years does not adequately project revenue and cost patterns Finance Director: _ _ __
6
e. Costs may be netted or shown as an offset if some cost savings are projected (explain in Section 3 Narrative) Check here if no fiscal impact
X Column#· Expenditure Classification
2 FY - - -
3 "A" Costs Absorbed or "N" New Budget Required
4
5
"R" Costs Recurring or"NR" Nonrecurring
FY
Personnel*
$
$
Fringe**
$
$
Capital Outlay
$
$
Land/ Building
$
$
Professional Services
$
$
All Other Operating Costs
$
$
Total:
$
$
6 "A" Costs Absorbed or "N" New Budget Required
7
"R" CostsRecurring or"NR" Nonrecurring
8 Fund Affected
* Any indication that additional staffing would be required must be reviewed and approved in advance by the City Manager by attached memo before release of FIR to committees. **For fringe benefits contact the Finance Dept.
2. Revenue Sources: a. To indicate new revenues and/or b. Required for costs for which new expenditure budget is proposed above in item 1. Column#: Type of Revenue
Total:
2 FY - - -
3 "R" Costs Recurring or"NR" Nonrecurring
4
FY - - -
$
$
$
$
$
$
$
$
2
5 "R" CostsRecurring or "NR"Nonrecurring
6 Fund Affected
7
3. Expenditure/Revenue Narrative: Explain revenue source(s). Include revenue calculations, grant(s) available, anticipated date of receipt of revenues/grants, etc. Explain expenditures, grant match(s), justify personnel increase(s), detail capital and operating uses, etc. (Attach supplemental page, if necessary.) N/A
================================================================================== Section D.
General Narrative
I. Conflicts: Does this proposed bill/resolution duplicate/conflict with/companion to/relate to any City code, approved ordinance or resolution, other adopted policies or proposed legislation? Include details of city adopted laws/ordinance/resolutions and dates. Summarize the relationships, conflicts or overlaps.
The resolution complements Resolution No. 2016-62 passed by the Governing Body on August 10, 2016 authorizing and approving an application by the City of Santa Fe and Homewise to the New Mexico State Board of Finance for Qualified Energy Conservation Bonds, to be used for the expansion of an energy efficiency loan program administered by Homewise. 2. Consequences of Not Enacting This Bill/Resolution: Are there consequences of not enacting this bill/resolution? If so, describe. A limited amount of QECBs remain available for use statewide, however the procurement and use of those bonds are not guaranteed because the allocation and use of the bonds are subject to applications made by other municipalities that are then reviewed and approved by the State Board of Finance. Therefore, it is advantageous for the city and Homewise to work with Santa Fe County to utilize the $1.5 million of QECBs already allocated to the county to help administer the Homewise energy efficiency program.
3. Technical Issues: Are there incorrect citations of law, drafting errors or other problems? Are there any amendments that should be considered? Are there any other alternatives which should be considered? If so, describe. None identified. 4. Community Impact: Briefly describe the major positive or negative effects the Bill/Resolution might have on the community including, but not limited to, businesses, neighborhoods, families, children and youth, social service providers and other institutions such as schools, churches, etc. Pursuing and agreeing to an MOU with Santa Fe county would allow Homewise to access $1.5 million in QECB funds allocated to the county to expand their energy efficiency loan program that offers lower interest rates to help low- and moderate-income homeowners install energy efficient technology in their houses.
Form adopted: 0 1112/05; revised 8/24/05; revised 4117/08
3
8
