Loading...
HomeMy WebLinkAbout075 - 06/04/2013 - AUTHORIZING THE PURCHASING AGENT TO ENTER INTO STANDARD POWER PURCHASE PROGRAM AGREEMENTS WITH SOLAR ORDINANCE NO. 075, 2013 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE PURCHASING AGENT TO ENTER INTO STANDARD POWER PURCHASE PROGRAM AGREEMENTS WITH SOLAR PHOTOVOLTAIC SYSTEM OWNERS FOR UP TO 20 YEARS WHEREAS, the Fort Collins Utilities Solar Power Purchase Program (FCSP3)encourages installation of new local solar systems in support of the City's renewable energy commitments under the Colorado Renewable Energy Standard (RES) and Amendment 37; and WHEREAS, solar system projects under the program are expected to generate up to 7,500 megawatt-hours annually, meeting approximately 25 percent of the City's renewable energy commitment for 2015; and WHEREAS, implementation of FCSP' relies upon fixed-rate, 20-year Power Purchase Agreements (PPAs) between the City and individual photovoltaic system owners; and WHEREAS, Fort Collins Utilities is preparing requests for proposals to determine available capacity relative to FCSP3 commitment requirements, as well as a process for equitable award of PPAs to interested local solar system owners; and WHEREAS, individual PPAs will be capped at annual purchase amounts, and total FCSP3 purchases are capped at$1,000,000 per year,pursuant to funding approved through the City's budget process and subject to annual appropriation; and WHEREAS, entering into PPAs with 20 year terms enhances the City's ability to plan and implement systematic improvements to the City's electric utility toward meeting the City's renewable energy commitments, and incentivizes investment in local solar systems; and WHEREAS, pursuant to Section 8-186 of the City Code, no contract for services shall be made for a longer period than five years unless authorized by the City Council by ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the Purchasing Agent is hereby authorized and directed to enter into power purchase agreements with individual photovoltaic system owners for the purchase of solar-generated electric power, consistent with the approved budget, the Fort Collins Utilities Solar Power Purchase Program, and this Ordinance. Introduced, considered favorably on first reading, and ordered published this 21st day of May, A.D. 2013, and to be presented for final passage on the 4th day of June; A.D. 2013. 4 �T CO Mayur ATTEST: u; C 13 O�iP City Clerk Passed and adopted on final reading on the 4th day of June, A.D. 2013. Ma or ATTEST: G\�t.OF FORT .O :O :r Co City Clerk na `Oh'A D O