Staff recommends authorization to allow Tanko Lighting to begin the streetlight ownership and audit project.
In February of 2020, Tanko Lighting presented a plan to develop a proposal for the audit and acquisition of our streetlights from PG&E.
The contract being proposed would allow Tanko to commence Step 1 of the project and defer the costs, $40,000, until possession of the streetlights has been given to the City. At that point, we would be able to pursue Step 2 and begin an audit of each streetlight in the City at a cost of $ 36,400.
Do not authorize the contract to allow Tanko Lighting to begin the streetlight ownership and audit project.
V. FISCAL IMPACT:
The contract amount is not to exceed $ 76,000 from the gas tax fund. This is to be paid back to the account when a full valuation of the utility has been completed and financing to acquire from PG&E has occurred.