Item 71

Authorize the Division of Parks and Recreation, Cannon Mountain Aerial Tramway & Ski Area to enter into a contract with Ameresco Inc., Framingham, MA, to install an enact energy efficiency and conservation measures which include snowmaking efficiency equipment, new efficiency power usage infrastructure measures at Cannon Mountain and an energy savings guarantee agreement, in an amount not to exceed $5,101,477. Effective upon G&C approval through November 30, 2017. An energy savings guarantee agreement is included and shall commence on the first day of the calendar month following the project acceptance date. The agreement will be put in place to ensure that the estimated savings are met in order to offset the annual bonding costs (allowing for a net zero project cost). The initial agreement period will be 5 years with the option to extend for 3 more 5-year period up to 20 years. 100% Agency Income.