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7A <br /> Page 32 <br /> DRAFT-Will be updated and provided in color for March 22nd Cauncil meeting <br /> STf�ATEGi�S <br /> E. ��������%��s�r�m'����€�.;r�:���;}�z��i�����:s����aaMr����������,��a���f������:;��ai��:� <br /> <x���,�2���:�b����� <br /> Redwood City has been a leader in enviranmental respansibility and F�as been involved in a <br /> number of specific actions to reduce its energy consumptian and greenhouse gas emissians. <br /> Specific actions include:retrofitting traffic lights with LEDs,converting incandescent light <br /> fixtures to fluorescent,replacing machinery with mare energy-efficient equipment,introducing <br /> substantial water conservation programs and an award winning recycEed water project, <br /> replacing fleet vehicles with hybrid models,and utilizing the most efficient fuef aptions <br /> available.While greenhouse gas emissions from energy and water use in municipal buildings. <br /> account for only about 1.4%of Redwood City's total community-wide emiss9ans,the City's <br /> leadership roie extends well beyond the magnitude of greenhouse gases reduced fram City <br /> operations.That's why it is critical that the City continue to lead by exampfe through specific <br /> actions aimed at impro�ing the energy e�ciency of city faci(ities. It is a{so critical that the City <br /> promote its own actions to galvanize conservation efforts community wide. <br /> Redwood City wiil continue to maximize its efForts through the following actions: <br /> Estabtish sysferns fo benel�markr lC,�$►itl�/,Erack and fund energy Perfnrmance nf public <br /> �?CP�It!@S <br /> As a first step,the City will use ENERGY STAR's portFolio Manager to benchmark and track City <br /> owned building perfarmance and encourage large commercial building owners ta follow the <br /> City's lead. ENERGY STAR Portfolio Manager is a free,web-based energy management tool that <br /> enables businesses to track and assess energy and water consumption across a building <br /> portfolio. Portfolio Manager can also help the Gity set investment priorities,identify under- <br /> perForming buildings,verify efficiency improvements,and receive EPA recognition for superior <br /> energy performance. <br /> Next,the City wlll create a Municipal Energy Fund as a self-sustaining source of funds for <br /> investment in energy-eff�cient retrofits of city facilities.A Municipal Energy Fund is a sum of <br /> money dedicated to energy efficiency,ciean energy,or other energy reduction measures.Funds <br /> will be used to seed qualifying municipal energy efficiency projects.Once identifed projects are <br /> impiemented,energy and cost savings will be monitored for a pre-and post-impfementation <br /> comparisor�.Energy efficiency cost savings wiil then be reinvested into the fund.This process <br /> enables the Fund to become a self-sustaining source of funding,creating a cycle whereby <br /> monies are constAantly replenished by the reinvestment of energy e�ciency cost savings. <br /> A Municipal Energy Fund will help Redwaod City <br /> • Facilitate energy management,energy retroflts and renewable energy systems of City <br /> facilities <br /> • Demonstrate the C[ty's commitment to environmentaE stewardship and/or energy <br /> conservation <br /> • Internalize energy conservation into existing operations <br /> • Promote the implementation of innovative environmental projects <br /> • Reduce operating expenses by installing more e�ergy efflcient measures <br /> � <br />