Oconto Falls School District Phase II Discussion

1. Oconto Falls School District Phase II Discussion November 11, 2013

2. Presentation • Introduction • Successful Completion Phase I • Phase II – Facilities Preservation • Options Moving Forward • Project Financing • Next Steps

3. Phase I Energy Savings 3

4. Phase I and Phase II Funding Phase I - Performance Contract • Self Funded – Heavily Weighted on Energy Savings • Capital Equipment Lease financed at 2.49% over 10 years Phase II -Performance Contract • Use of Act 32 Revenue Limit Exemption heavily weighted on Future Cost Avoidance with some Energy Cost Savings • Or the District’s Financial Consultant will identify creative financing options – Using ongoing low finance rates • Existing Contract can be Modified for ease and limit cost 4

5. Phase I Funding Source Energy Savings Project Energy Savings Operations & Maintenance Savings Long Term Capital Avoidance Savings Funds for Facility Improvements

6. Phase II Potential Funding Sources Preservation of Facilities Energy Savings Operations & Maintenance Savings Long Term Capital Avoidance Savings Funds for Facility Up Keep

7. Full Project Scope Description

8. OFES Window Replacement Phase II Original interior wood fame windows are Inefficient and a pose a security concern New High Efficiency Windows – Full Aluminum

9. Facility Improvements Measures & Needs Tuck Pointing • Parking Lot Restoration/Seal • Coat Work Washington Middle School High School

10. Facility Improvements Measures & Needs Window Film Low-E Parking lot Upkeep

11. IT Space Cooling Needs District office boiler

12. Facilities Security Enhancements • Interior Shatter • Resistance Film Expansion of Current Security Camera Systems

13. Facility Improvements Measures & Needs Masonry restoration

14. Facility Improvements Measures & Needs Tuck Pointing OFHS Shingled Roofing Section VoIP System Voice Over internet Protocol Upgrade/expand existing VoIP to reduce phone service cost and system maintenance cost

15. Full Project Scope Description

16. Previous Roofing Inspection Work

17. Roofing Replacement Recently Completed Roofing Work Completed in 2012

18. OFHS Roofing Inspection Completed Spring 2012 1–2 Year Timeframe 2–5 Year Timeframe 5+ Year Timeframe

19. OFHS Roofing OFHS: Reroof Priority 1 sections with older Priority 2 sections which have asphalt shingles High School Roofing Overview

20. OFHS Roofing Replace Priority 2 ballasted rubber roof Leaking Areas OFES Roofing Overview

21. WMS Roofing Inspection Completed Spring 2012 1–2 Year Timeframe 2–5 Year Timeframe 5+ Year Timeframe

22. WMS Roofing WMS: Reroofing of Priority 1 and surrounding asphalt shingled Priority 2 sections Middle School Roofing Overview

23. Abrams Roofing Inspection Completed Spring 2012 1–2 Year Timeframe 2–5 Year Timeframe 5+ Year Timeframe

24. Abrams Roofing Reroofing of Priority 1 and surrounding asphalt shingled Priority 2 old section only Abrams Elementary Roofing Overview

25. 2011 Wisconsin Act 32 – Revenue Limit Exemption Wisconsin Act 28 was amended in 2011 by Act 32…. a District may adopt a resolution to increase revenue limit equal to amount spent on a project for energy efficiency measures ….. using bonds or notes issued to finance the project if:   • The project results in the avoidance of, or reduction in, energy or operational costs; • The project is governed by a performance contract entered into under Municipal Law Sec.66.0133; and (only a WI certified ESCO can be used) • The bonds or notes issued to finance the project for periods not exceeding 20 years. Oconto Falls School District can pass a resolution up to the $1M for ESPC projects with a School Board resolution. If the Energy Efficiency Project exceeds the $1M Cap, the Board can still pass a resolution which will track through the following: • A 30 day hold will be placed on the Levy to allow for a voter petition. If within the 30 days, a Voter petition is successful, the Levy must be approved by a Voter Referendum • If there is no successful Voter petition within the 30 days, the Board passes a resolution for the Revenue Limit Override to allow bond sale and Levy implementation

26. Next Step School Board Resolution • Approval for Signature on Ameresco Project Development Agreement • Schedule Next Meetings to discuss District Goals and Proceed • Detailed Audit and Comprehensive Report, showing: • Improvement Measures and Firm Costs • Guaranteed Savings and Funding Options for Improvements • Exit Fee - $9,900 (Paid Only in the Event the District chooses not to Implement the Project)for engineering and other expenses incurred • Detailed Energy Audit costs will be rolled into the project financing. • There are no up-front costs to proceed at this time.

27. AMERESCO Information and Resources • Please visit our website: • www.ameresco.com • Services • Press Releases • Case Studies • Videos Kent Wolf Business Development Manager 612.315.6940 Cell: 612.804.6274 Ameresco-Midwest Region kwolf@ameresco.com To see the latest Ameresco news and events – add a Google “Alert” for Ameresco Thank You