Title
Pertaining to a Power Purchase Agreement with Green2 Solar Leasing, LLC providing for the delivery and purchase of energy generated by a solar energy system at the Board’s Water Treatment Facility Campus.
Body
WHEREAS, at its December 2020 meeting, the Board of Water Commissioners approved a Purchase Agreement with Ideal Energies, LLC for the design, purchase, and installation of a grid-tied photovoltaic solar electric system (“Energy System”) at the Board’s Water Treatment Facility Campus (“Purchase Agreement”); and
WHEREAS, the Purchase Agreement requires the Board to enter into a Power Purchase Agreement with Green2 Solar Leasing, LLC (“Tenant”) pursuant to which the Tenant will provide, and the Board will purchase energy produced by the Energy System; and
WHEREAS, staff has negotiated the required Power Purchase Agreement and the same has been approved by the assistant city attorney as to form; now, therefore, be it
RESOLVED, that the Power Purchase Agreement dated March 9, 2021 between the Board of Water Commissioners of the City of Saint Paul and Green2 Solar Leasing, LLC requiring the Tenant to provide, and the Board to purchase, energy produced by a grid-tied photovoltaic solar electric system at the Board’s Water Treatment Facility Campus is hereby approved and the proper officers of the Board are hereby authorized and directed to execute said Agreement.