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HomeMy WebLinkAbout9. Resolution 4568 Max Incentive Amount Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Natalie Meyer, Sustainability Program Manager SUBJECT: Resolution 4568, amending Resolution 4497 by authorizing an increase to the maximum incentive amount from $1,500 to $2,500 available to City of Bozeman businesses through the Bozeman Energy Project. MEETING DATE: October 27, 2014 AGENDA ITEM TYPE: Consent RECOMMENDED MOTION: I move to approve Resolution 4568, amending Resolution 4497 by authorizing an increase to the maximum incentive amount from $1,500 to $2,500 available to City of Bozeman businesses through the Bozeman Energy Project. BACKGROUND: The Bozeman Energy Project (formerly called the Bozeman Business Energy Program) was approved by the City Commission on December 16, 2013. Through the combined efforts of the Offices of Sustainability and Economic Development, the program aims to incentivize local businesses to improve building energy efficiency for long-term cost savings. The Bozeman Energy Project is a membership-based program that offers educational resources, workshops, technical support, and public recognition to businesses that are interested in reducing their monthly utility bill and their environmental impact. As part of the Bozeman Energy Project, the City Commission authorized the Bozeman Business Incentive Fund for one-time cash incentives to businesses that complete energy efficiency and renewable energy projects. The City of Bozeman had formerly allocated these funds to the non-profit Northern Rocky Mountain Resource Conservation & Development (RC&D) to administer the Big Sky Energy Revolving Loan Fund (RLF). Over the last ten months, the Northern Rocky Mountain RC&D dissolved and the Big Sky Energy RLF was returned to the City of Bozeman on October 8, 2014 in the amount of $59,943. Since receiving the funds, no incentives have been disbursed. In the original resolution, we proposed a one-time incentive of $500 to $1,500 for member businesses that complete a free NorthWestern Energy Appraisal and implement one or more of the projects recommended in the Energy Appraisal. To encourage local investment, all applicants are required to contribute 66 percent of the total project cost (2:1 match requirement). Since approval of Resolution No. 4497, we have heard from members of the City Commission that the incentive amount should be increased to more adequately assist businesses that wish to complete larger, more complex projects with corresponding greater energy savings. After further consideration and discussion with project partners, we believe increasing the maximum incentive will provide the catalyst we need to jumpstart the program. The increase will entice more businesses to participate, while still distributing the benefits throughout the community. We are 78 nearing the program launch date of November 10, 2014 and expect no additional program changes. The proposed increase is supported by the City of Bozeman Office of Economic Development and was approved by the Bozeman Climate Partners Working Group on January 15, 2014. Project Development and Timeline Since program approval, we developed a new city employee class specification and hired a half- time Energy Conservation Technician who was offered the position in late March of 2014 and started work at the City of Bozeman on May 5, 2014. In accordance with the purchasing policy, the City of Bozeman sent out a Request for Proposals for website, marketing, and public outreach to help us successfully communicate and promote the Bozeman Energy Project. Classic Ink was selected on June 26, 2014. During the discovery process with Classic Ink, we decided to rename the program Bozeman Energy Project to simplify the title and make it more inclusive of all commercial building owners and tenants, which may include non-profit organizations. The revised title will also allow for collaborative marketing with the Public Works Division’s Better Bozeman Project. We have worked closely with Classic Ink on the development of the website and outreach materials, including a program overview video. We continue to coordinate with NorthWestern Energy on the application process, which will involve the NorthWestern Energy Appraisal and the Efficiency Plus rebate program. Our Energy Conservation Technician has invested time speaking with businesses throughout our community soliciting feedback on program structure and building awareness. We anticipate that numerous businesses will be ready to sign up immediately following program launch on November 10th. The City Commission will hear a complete program overview during a Special Presentation in November. UNRESOLVED ISSUES: None ALTERNATIVES: As proposed by the City Commission FISCAL EFFECTS: The City received $59,943, returned from the Big Sky Energy RLF. As Bozeman Energy Project Incentive Fund applications are approved, and after proper documentation is presented, incentives of $500 to $2,500 will be disbursed. It is expected that anywhere from 23 to 119 incentives could be approved before the Fund is depleted. As a result of increasing the maximum incentive amount, the total incentives available, should all businesses receive the maximum amount, is reduced from 39 to 23. It is unlikely that all participating businesses will apply for the maximum amount and we feel confident that increasing the maximum amount will meet the needs of a greater number of businesses while fulfilling the intent of the program. Attachments: 1. Resolution 4568, amending Resolution 4497 by authorizing an increase to the maximum incentive amount from $1,500 to $2,500 available to City of Bozeman businesses through the Bozeman Energy Project. 2. Resolution 4497, authorizing the Bozeman Business Energy Program creation and redirecting funds formerly allocated to the Big Sky Energy Revolving Loan Fund 79 Report compiled on: 10-20-14 80 1 COMMISSION RESOLUTION NO. 4568 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, AMENDING RESOLUTION 4497 BY AUTHORIZING AN INCREASE TO THE MAXIMUM INCENTIVE AMOUNT FROM $1,500 TO $2,500 AVAILABLE TO CITY OF BOZEMAN BUSINESSES THROUGH THE BOZEMAN ENERGY PROJECT. WHEREAS, on December 16, 2013 the Commission adopted Resolution 4497, CREATING THE BOZEMAN ENERGY PROJECT (FORMERLY CALLED THE BOZEMAN BUSINESS ENERGY PROGRAM) AND THE BOZEMAN BUSINESS INCENTIVE FUND FOR BUSINESSES LOCATED IN THE CITY OF BOZEMAN, COUNTY OF GALLATIN, STATE OF MONTANA, TO PROMOTE COST SAVINGS, ENERGY EFFICIENCY AND RENEWABLE ENERGY IN COMMERCIAL BUILDINGS; and WHEREAS, the Commission reallocated the Northern Rocky Mountain Resource Conservation & Development’s Big Sky Energy Revolving Loan Fund to the Bozeman Business Energy Program through Resolution 4497; and WHEREAS, the Northern Rocky Mountain Resource Conservation & Development Council dissolved and returned the Big Sky Energy Revolving Loan Fund balance of $59,943 to the City of Bozeman on October 8, 2014; and WHEREAS, the Bozeman Energy Project will launch on November 10, 2014 and no funds have yet been disbursed. WHEREAS, members of the Commission have requested that the maximum incentive amount be increased from $1,500 to $2,500 for commercial buildings located within the City of Bozeman. WHEREAS, the increased incentive amount was approved by the Bozeman Climate Partners Working Group on January 15, 2014; and 81 2 WHEREAS, the $2,500 incentive cap will encourage more significant investment in energy efficiency and renewable energy, while distributing the benefits throughout the community; and NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman, Montana, that: Section 1 The City Commission of the City of Bozeman, Montana does hereby amend Resolution 4497 authorizing increasing the maximum incentive amount available from $1,500 to $2,500 for businesses located in the City of Bozeman, County of Gallatin, State of Montana. PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 27th day of October, 2014. ___________________________________ JEFFREY K. KRAUSS Mayor ATTEST: ________________________________________ STACY ULMEN, CMC City Clerk APPROVED AS TO FORM: ___________________________________ GREG SULLIVAN City Attorney 82 V to e r8 COMMISSION RESOLUTION NO. 4497 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN, MONTANA, CREATING THE BOZEMAN BUSINESS ENERGY PROGRAM AND THE BOZEMAN BUSINESS INCENTIVE FUND FOR BUSINESSES LOCATED IN THE CITY OF BOZEMAN, COUNTY OF +GALLATIN, STATE OF MONTANA, TO PROMOTE COST SAVINGS, ENERGY EFFICIENCY AND RENEWABLE ENERGY IN COMMERCIAL BUILDINGS. WHEREAS,, the City of Bozeman and its citizens support efforts to strengthen the economic vitality of Bozeman and the surrounding area; and WHEREAS, the City of Boze an's Economic Development Plan prioritizes leveraging local, state and federal economic development resources to enhance economic growth in Bozeman"; and WHEREAS, the City of Bozeman's Economic Development Plan calls for utilizing incentives or inducements to encourage business investment and development in desired areas; and WHEREAS, the Bozeman. City Commission identified economic development and sustainability as high priorities; and WHEREAS, the Bozeman.. Business Energy Prograrrr represents the nexus between economic development and sustainability; and WHEREAS, in November 2006, the Bozeman City Commission signed the Mayor's Climate Protection Agreement to reduce greenhouse gas emissions; and 1 83 WHEREAS, the Bozeman City Commission has adopted a Municipal Climate Action Plan and Community Climate Action Plan to guide our greenhouse gas emissions reduction efforts; and WHEREAS, the Community Climate Action Plan supports the utilization of NorthWestern Energy's rebate program; and WHEREAS, on August 11, 2008, the Bozeman City Commission capitalized $60,000 of the Big Sky Energy Revolving Loan Fund using funds obtained through the City of Bozeman's Development Impacts Fund (Big Box Fund); and WHEREAS, on October 20, 2008, the Bozeman City Commission approved a funding agreement with the Northern Rocky Mountain Resource Conservation & Development Council to administer the Big Sky Energy Revolving Loan Fund; and WHEREAS, the Big Sky Energy Revolving Loan Fund has been underutilized with one loan completed since inception, which has been re-paid in full; and WHEREAS, the Northern Rocky Mountain Resource Conservation & Development Council is dissolving and is returning the Big Sky Energy Revolving Loan Fund balance of 56,300 to the City of Bozeman; and WHEREAS, the Big Sky Energy Revolving Loan Fund will be dissolved and replaced with the Bozeman Business Incentive fund incentivizing energy efficiency, energy conservation, and renewable energy and increasing local business competitiveness by reducing energy costs, and supporting robust infill and redevelopment policies. 2 84 NOW, THEREFORE, BE IT' RESOLVED by the City Commission of the City of Bozeman, Montana, that: Section 1 The Big S Energy Revolving Loan Fund (RLF) and the associated program is hercky dissolved. Section 2 To satisfy the original intent of the "Big Sky Energy RLF" to help finance energy efficiency, energy conservation, and renewable energy production among businesses located within the City of Bozeman, the Bozeman Business Energy Program is hereby established and the Bozeman Business Incentive Fund is hereby created. The Bozeman Business Energy Program offers public recognition of energy conservation efforts and educational opportunities. As part of the Bozeman Business Energy Program, the Bozeman Business Incentive Fund will provide financial assistance to businesses seeking to complete energy efficiency and renewable energy projects. Applicants participating in the Bozeman Business Energy Program will pay a $50 per year membership fee in support of ongoing programming and marketing of the Program. Applicants must own or lease a commercial building and complete a NorthWestern Energy Appraisal or have an energy audit completed by a pre-approved energy auditor. Only projects recommended in the NorthWestern. Energy appraisal or independent audit will be approved for funding. Funds are restricted to qualified purchases and services, including: equipment, energy conservation measures, and installation costs. A one-time incentive in the amount of $500 to 1,500 will be available to businesses or non-profit organizations that own or rent commercial 3 85 buildings in districts zoned for commercial uses. To encourage local investment, all applicants will be required to contribute 66 percent of the total project cost (2:1 match requirement). Incentives will be provided to eligible applicants on a first-come, first-served basis until the Bozeman, Business Incentive Fund is depleted. The Bozeman Business Energy Program will continue to offer ongoing programming and marketing for member businesses, The Incentive is a grant, not a loan. There is no obligation to repay the Incentive. An application form will be developed by the City Manager's Office and the program marketed to local businesses. The City Manager, or designee, will have authority to approve incentive applications. The approved expenditures will be included in the Expenditure Approval List ("EAL") on Consent Agendas of the Bozeman City Commission. Businesses will be reimbursed after submitting invoices and a statement of completion signed by the applicant and contractor. Additionally, the City reserves the right to complete a visual inspection of the finished project. Businesses are required to adhere to the quote requirements outlined in the Documentation and Selection of Vendors" section of the City of Bozeman's Purchasing Policy and projects must be completed by licensed, insured, and bonded contractors. PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, at a regular session thereof held on the 16th day of December, 2013. SEAN A. BECKER Mayorn ATTEST: 4 86 m STACY LKI VI City Cler APPROVED AS TO FORM: d G G LLIVAN City Attorney 5 87