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CC Resolution No. 01-022RESOLUTION NO. 01-022 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO AUTHORIZING AN APPROPRIATION OF $140,000 FROM THE GENERAL FUND TO PROCURE AND INSTALL GREEN LIGHT EMITTING DIODE LAMPS AND AUTHORIZING THE DIRECTOR OF PUBLIC WORKS TO EXECUTE AN AGREEMENT WITH SYNCHRONEX OF SAN JOSE TO PROCURE GREEN LED LAMPS WHEREAS, Pacific Gas & Electric Company has instituted a Light Emitting Diode (LED) Traffic Signal Rebate Program to retrofit incandescent traffic signal lamps with LED lamps to conserve energy; and WHEREAS, SYNCHRONEX of San Jose has estimated the cost of providing the green LED lamps at approximately $91,000 and staff estimates an installation cost of $35,000; and WHEREAS, PG&E will fully reimburse the City's total cost to procure the green LED lamps. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Cupertino hereby approves an appropriation in the amount of $140,000 to cover the cost of procuring and installing green light emitting diode lamps to replace the City's traffic signal lamps. BE IT FURTHER RESOLVED, that the City Council authorizes the Director of Public Works to execute an agreement with SYNCHRONEX for procurement of the green LED lamps PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 16th day of January, 2001, by the following vote: Vote Members of the City Council AYES: Burnett, Chang, James, Lowenthal NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: Mayor, City of Cupertin6~/'