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' st�u�aas+�w f��taaruv,�uh <br />EDISON� <br />drt FdiE$43M'' iw"E,Gmat7r03.'.9f a +sraent7 <br />July 22, 2016 <br />Customer Information: <br />All Borujerdl <br />City of Santa Ana <br />220 S, Daisy <br />Santa Ana, CA 92703 <br />EXHIBIT 3 <br />SENO TO: Southern California Edison, Business Incentives <br />P.O. Box 800, Rosemead, CA 91770.0900 <br />E-mail: Buslnesslncentivos@soe.com I Fax: 626-633.3243 <br />Authorized Agent Information: <br />Ashley Hoover <br />The Energy Coalition <br />47 Discovery Ste 250 <br />Irvine, CA 92618 <br />Qne3tlon67 600-736.4777 <br />RE: NOTICE OF ON -BILL FINANCING (OBF) APPLICATION APPROVAL AND FUNDING RESERVATION <br />PROJECT NUMBER: 353.16.0500868635 SA#: 3.016.8126.01 <br />Dear Ali Borujerdi and Ashley Hoover: <br />Your On -Bill Financing Application has been reviewed and approved, and funding for your On -Bill Financing <br />Loan has been reserved. <br />At this point the estimated OBF Loan funding reservation for your project of $45,319.07 has been established. <br />Terms and Conditions of Loan Reservation: <br />1. The reserved amount has been calculated based on the results of the review and approval of your Energy <br />Efficiency Project Application, and according to the provisions and methodology of the OBF Loan Term <br />Calculation [LTC]. Since the loan reservation amount is based on an approved project proposal, it is an <br />estimate of what the actual loan amount may be. <br />1 a. An 03F Loan Term Calculation [LTC] is attached. <br />2. The actual loan amount will be calculated based on the results of the review and approval of your Energy <br />Efficiency Project Installation Report, and according to the provisions and methodology of the OBF Loan <br />Term Calculation [LTC]. Therefore, the actual amount of the OBF Loan may differ from the reserved <br />amount presented above. <br />2a. The actual amount of the OBF loan may be less than the reserved amount presented above. <br />2b. The actual amount of the OBF loan shall not exceed the reserved amount presented above. <br />3. The expiration of the loan reservation shall be consistent with that of the project incentive, <br />Next Steps: <br />• You submit the completed Installation Report [IR] to SCE, and SCE will review it. <br />• SCE will calculate the actual final loan amount, based on the results of the IR approval, and the LTC <br />provisions. <br />• SCF will issue 2 copies of the CBF Loan Agreement to you. <br />• You will sign, and have notarized, the Agreements and return to SCE. <br />• SCE will counter -sign the Agreements. <br />• SCE will provide you with 1 copy of the fully -executed Loan Agreement and will process the loan <br />proceeds. <br />