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<br />88 <br />Page 5 <br /> <br />Redwood City will maximize its efforts through the following actions: <br /> <br />1. Establish systems to benchmark. identify. track and fund energy performance of public facilities <br /> <br />As a first step, the City will use ENERGY STAR's Portfolio Manager to benchmark and track City <br />owned building performance and encourage large commercial building owners to follow the City's <br />lead. ENERGY STAR Portfolio Manager is a free, web~based energy management tool that enables <br />businesses to track and assess energy and water consumption across a building portfolio. Portfolio <br />Manager can also help the City set investment priorities, identify under-performing buildings, verify <br />efficiency improvements, and receive EPA recognition for superior energy performance. <br /> <br />Next, the City will create a revolving Municipal Energy Fund as a self~sustaining source of funds for <br />investment in energy-efficient retrofits of city facilities. A revolving Municipal Energy Fund is a sum <br />of money dedicated to energy efficiency, clean energy, or other energy reduction measures. Funds <br />will be used to seed qualifying municipal energy efficiency projects. Once identified projects are <br />implemented, energy and cost savings will be monitored for a pre- and post- implementation <br />comparison. Energy efficiency cost savings will then be reinvested into the fund. This process <br />enables the Fund to become a self-sustaining source of funding, creating a cycle whereby monies <br />are constantly replenished by the reinvestment of energy efficiency cost savings. <br /> <br />A Municipal Energy Fund will help Redwood City: <br />. Facilitate energy management, energy retrofits and renewable energy systems <br />. Demonstrate the City's commitment to environmental stewardship and/or energy conservation <br />. Internalize energy conservation into existing operations <br />. Promote the implementation of innovative environmental projects <br />. Reduce operating expenses by installing more energy efficient measures <br /> <br />2. Increase energy efficiency and renewable energy use in public facilities <br /> <br />Of the total emissions accounted for in the City's 2005 Government Operations Greenhouse Gas <br />Emissions Inventory, emissions from City buildings and facilities were the largest accounting for 27% <br />of emissions. Focusing on buildings and facilities will therefore have the biggest impact on the <br />reduction of emissions from government operations. To achieve its reduction goals, Redwood City <br />will build off its energy management and investment strategies to begin the implementation of <br />projects that increase energy efficiency and renewable energy use in public facilities. <br /> <br />Redwood City will implement two pilot projects in 2009 to launch and fine tune the Municipal <br />Energy Fund. These two projects include retrofitting the lighting of the Jefferson and Marshall <br />Street garages. The Jefferson and Marshall Street garages are the two largest city facilities with a <br />combined 317A20 square feet. Lighting in these facilities is operational 24 hours a day, seven days <br />a week. Retrofiting the lighting will have an immediate and quick pay back and represents a <br />significant and immediate reduction in energy use. <br /> <br />2 <br />