Title
HEARING - Chief Administrative Office, Facilities Division, recommending the Board:
1) Conduct a public hearing to adopt and authorize the Chair to sign the Solar Power Purchase Agreement RES-BCT and the Solar Power Purchase Agreement NEM (PPA) and related Cost Reimbursement Agreement (CRA) concerning the County’s Solar Project;
2) Adopt and authorize the Chair to sign Resolution 031-2019 making the required findings pursuant to Government Code 4217; and
3) Authorize the Chief Administrative Officer, or designee, to execute further documents relating to the PPA/CRA agreements, including Change Orders which do not impact the overall monetary value more than 10%. (Est. Time: 10 Min.)
FUNDING: Components of the PPA and CRA provide cost reimbursement to the County over a 25 year period.
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DISCUSSION / BACKGROUND
On March 5th, 2019, the Board was provided four PPA/CRA options regarding the County’s Solar Project. The Board directed staff to implement Option C which preserves the northerly buildable approximate 2 ½ acres for a County building not presently identified and construct a smaller solar farm on the southerly portion including additional carport arrays on the Public Safety Facility southern parking lot.
RES-BCT Option C - 25-year economic benefit approximately $1,850,000 (as a result of final engineering to accommodate Public Safety Facility operational requirements, the projected economic benefit has decreased slightly to $1,626,000 from the March 5th, 2019 presentation to the Board).
Public Safety Facility NEM - - 25-year economic benefit approximately $1,669,000 (as a result of final engineering to accommodate Public Safety Facility operational requirements, the projected economic benefit has decreased slightly to $1,600,000 from the March 5th, 2019 presentation to the Board).
Highlights concerning the PPA/CRAs output guarantee, purchase option (i.e., buyout rights) and the County’s early termination rights are outlined as follows:
Pro...
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