Commissioners Court - Regular

Return to the Agenda
AI-4939 4.A.6.       
Meeting Date: 12/18/2013  
Execute a contract with All American Investment Group, LLC for RFP No. 2945-13 Tax Exempt Lease Purchase Financing.
Submitted By: Elsa Saenz, Purchasing Department
Department: Purchasing Department  

Discuss and consider approval of a contract and related documents with All American Investment Group, LLC for RFP No. 2945-13 Tax Exempt Lease Purchase Financing for the Johnson Controls, Inc. Energy Savings Performance Project.
The County is requesting tax-exempt lease-purchase financing proposals to cover the cost of energy savings equipment and installation through an energy savings performance contract. The energy savings measures, for multiple facilities located at various locations within Nueces County, will cost approximately $5,568,957.00. Financing term is for fifteen (15) years with a fixed interest rate. The energy savings contract is with Johnson Controls, Inc., an Energy Savings Company (ESCO).  Four proposals were received and reviewed by the Evaluation Committee.

Commissioners Courted awarded the contract to All American Investment Group on December 4, 2013.
Contract is to be paid from the savings achieved through the performance contract with Johnson Controls, Inc.

Budget Information
Information about available funds
Budgeted: Funds Available: Adjustment: Amount Available:
Unbudgeted: Funds NOT Available: Amendment:
Account Code(s) for Available Funds
Fund Transfers
Lease Purchase Agreement - 12-13-13


Level double AA conformance,
                W3C WAI Web Content Accessibility Guidelines 2.0

AgendaQuick ©2005 - 2021 Destiny Software Inc. All Rights Reserved.