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➢ SourceWell Cooperative Purchasing <br />0 <br />➢ Cooperative purchasing group that services members in the government, <br />education and non-profit sectors. <br />➢ Follows all competitive contract law requirements under Minnesota statues to <br />solicit, evaluate and award these contracts. <br />➢ Minnesota State Statute § 471.345 Energy Efficiency Projects <br />➢ Allows municipalities to enter into a contract with a qualified provider of <br />guaranteed energy savings. <br />➢ Not to exceed a 20-year term of useful life. <br />➢ Long Term Lease — Johnson Controls redevelops existing/new construction. <br />City maintains ownership and JCI under lease provides; design, financing, <br />builds, operates and maintains (XX-years). Asset is returned to City(end of <br />term) with predetermine (i.e. 75%) equipment life expectancy. <br />Johnson 60 <br />Controls <br />FA <br />