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CC - Item 6C - SCE Streetlight Acquistion and Conversion Program PP Nov 8 2016 Southern California Edison (SCE) Street Light Acquisition and Conversion Program City Council Meeting November 8th, 2016. 7:00 pm 1 Introduction SCE Streetlight Acquisition and Conversion Program 2 Fourth quarter of 2015, the City Council directed staff to work with SCE to prepare a valuation report for the streetlights within the City. The purpose of the report was to consider the potential acquisition and/or conversion of the streetlights by the City. The SCE report was completed on October 13, 2015 The Final Valuation of Streetlights is $918,798 The other option from SCE is to convert the existing SCE owned streetlights to LED, without an acquisition at no initial capital cost Staff also worked with Tanko Lighting on additional options Two presentations were made before the City Council on September 13 & 27 of this year, one from SCE and the other from Tanko Lighting OPTIONS STATUS QUO  3 OPTIONS (CONTINUED) City Acquisition and Conversion 4 OPTIONS (CONTINUED) SCE CONVERSION PROGRAM TO LED BULBS (first-come-first-served basis) 5 OPTIONS (CONTINUED) TANKO LIGHTING ACQUISITION AND LED CONVERSION 6 Provide staff with direction as to the preferred option for the City of Rosemead 7 Questions Thank You. 8