Reso 2008-1244 - Laserfiche WebLink

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Generator Incentive Plan for Gas Stations and Pharmacies March 20, 2008 Page 2 of2 Nevertheless, in recognizing the importance of having enough gas stations, pharmacies, and stores, prepared for an emergency, both, the Building and Finance Departments have worked on an incentive plan that will encourage the installation of as many as possible generators in key retail establishments in our City. In conducting some research, it has been determined that the estimated cost of equipment and installation per location is between $20,000.00 and $25,000.00, depending on the type of installation and service requirements for the facility. Our incentive plan will consist on having an agreement with the store owners whereby businesses such as gas stations, grocery stores, pharmacies, and convenience stores, desiring to have the equipment installed, will pay for 50% of the installation cost. The other 50% will be paid by the City thru the use of Police forfeiture funds. Thru the agreement, the City will stipulate that those businesses desiring to take advantage of the incentive plan, will guaranty the usage of the equipment during outages/emergencies or the City will force re-payment of the investment. Business owners will also agree, at their own expense, to provide for regular maintenance of the equipment as well as full replacement if the system is damaged by actions other than force majeure. On an annual basis, and 60 days prior to the Hurricane Season, the Building Department will perform inspections of the system to ensure compliance by the business owners. ADDITIONAL INFORMATION The City Attorney's office in conjunction with the Building Department will prepare the Incentive Plan Application; The City Attorney's office will also prepare the legal agreement between the City and business owners; the Police Department will work on obtaining the required amounts from the Police Forfeiture Funds.