A RESOLUTION APPROVING THE TOWN OF CHAPEL HILL ENERGY BANK POLICIES AND PROCEDURES MANUAL (2006-06-26/R-15)

WHEREAS, on November 4, 2003, the citizens of the Town of Chapel Hill voted in favor of a $500,000 bond referendum for creation of an Energy Bank; and

WHEREAS, the Town of Chapel Hill is committed to cost savings measures to reduce the energy consumption of its facilities; and

WHEREAS, the Town of Chapel Hill is committed to reducing carbon emissions attributable to Town operations; and

WHEREAS, the Town of Chapel Hill is committed to the regional effort to improve air quality;

NOW, THEREFORE, BE IT RESOLVED by the Council of the Town of Chapel Hill that the Council adopts the attached Town of Chapel Hill Energy Bank Policies and Procedures Manual to become effective immediately.

This the 26th day of June, 2006.