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Yonkers committee reviews $28.1M energy savings package; public hearing set for Oct. 7
Summary
The Yonkers Budget & Finance Committee heard details of a proposed $28.1 million Yonkers Energy Savings (YES) program that would upgrade 37 city facilities and be funded via a 20-year tax-exempt lease; council members requested lease schedules, procurement documents and clearer constituent materials.
The Yonkers Budget & Finance Committee on Sept. 30 heard a presentation on the Yonkers Energy Savings (YES) program, a proposed $28.1 million package of energy conservation improvements at 37 municipal facilities that officials said would be financed with a 20-year tax-exempt lease. A public hearing is scheduled for Oct. 7, followed by a likely special meeting that same night to vote on the capital budget amendment.
The administration presented the package as a bundled energy performance contract with nine measure types, including LED lighting and control upgrades, fan coil and air-handling replacements, building-management-system upgrades, building-envelope work, pipe insulation and steam-trap replacements, roof replacements and about 4.8 megawatts of solar photovoltaics at roughly 20 sites. "It is a program that includes $28,000,000 in energy conservation improvements at 37 facilities that will reduce our annual energy costs by 31%," a presenter said during the committee meeting.
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