Title
Cooperative Purchase Agreement: Siemens Industry, Inc., Building Technologies Division
Summary Recommendation
Authorize the City Administrator to execute an energy performance agreement ("Agreement") with Siemens Industry, Inc., Building Technologies Division (Siemens), using a cooperative purchase agreement with the State of Arizona. The Agreement will increase the energy efficiency of the City's streetlights through the installation of LED lights and new ballasts. The Agreement guarantees the upgrades will save the City more than $3.85 million over the next 10 years in energy and operational costs. (City Administration) (Greg Wilkinson)