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Agreement with California Professional Engineering <br />for LED Streetlight Improvements <br />May 19, 2015 <br />Page 3 <br />FISCAL IMPACT <br />As approved by Council action on June 17, 2014, loan proceeds received through the SCE On -Bill <br />Financing Program will be deposited into the SCE Energy Efficient Street Lighting revenue account <br />(16217002 - 67384) and appropriated into the SCE Energy Efficient Street Lighting expenditure account <br />(16217630-62300). Loan repayments are available in Account 01117630 - 62000. Funds for the balance <br />of the project are available in Account 01117630 -66220 ($408,607 Approved FY 13 -14). <br />Executive Director <br />Public Works Agency <br />FM:KW <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: 1. Agreement with California Professional Engineering 06/17/14 <br />2. RFCA Agreement with CPE /Powerlux/SCE 06/17/14 <br />3. Agreement with California Professional Engineering 05/19/15 <br />4. Cost /Funding Analysis <br />25B -5 <br />