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Mayor & City Council <br />April 5, 1996 <br />Page 2 <br />placed on the 0% loan program whereby energy savings resulting <br />from the implementation of this new equipment will be used to <br />repay the loan. Estimated repayment term is approximately eight <br />years. <br />After doing a detailed review of the proposed plans and <br />specifications, it is my recommendation that we proceed with the <br />project as recommended by EERC. Detailed copies of the plans and <br />specifications are available for review in my office if you so <br />desire. <br />JRH:kpv <br />cc: Doug Jost, EERC <br />Page 48 <br />