HomeMy WebLinkAboutCORRESPONDENCE - AGREEMENT MISC - SOLARIS INVESMENT GROUP LLCF6rtCollins
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LETTER OF TRANSMITTAL
To: Gerry Paul, Purchasing Agent
Darin Atteberry, City Manager
Wanda Nelson, City Clerk
Cyril Vidergar, Asst. City Attorney
From: Norm Weaver
Utilities SP3 Program Manager
Date: 11 December, 2014
Utilities
electric stormwater wastewater water
700 Wood Street
PO Box 580
Fort Collins, CO 80522
970.221.6700
970.221.6619 — fax
970.224.6003 — TDD
utilities@fcgov.com
fcgov.com/utilities
Re: Solaris Investment Group CSU SP3 Power Purchase Agreements
Attached for your review and execution are contract documents regarding the above -
mentioned matter.
These Power Purchase Agreements between the City and Solaris Investment Group
are for Solar Power Purchase Program ("SPY) projects located on the property of
Colorado State University. Solaris, under several separate LLCs, will develop, operate
and maintain the SP3 projects on the CSU Campus. Key provisions of the agreement
include:
- Primary site locations on the CSU campus as defined in the PPA
- The SP3 PPA is for a term of 20 years
- Facility capacity totaling 1094 kW DC
- SP3 pays $0.18 or $0.15 per kWh depending on project size
- Funding for the 4.5 MW SP3 program was authorized by ordinance June
4, 2013.
- The City will earn all Green Attributes/RECs
This agreement is sponsored by Utilities (John Phelan and Norm Weaver) and was
developed in close collaboration with the City Attorney' Office (Cyril Vidergar).
Gerry, please sign the contract documents, forward a copy to the City Clerk, as
necessary, and return a scanned copy of the fully executed agreement to me.
Wanda, please coordinate with Purchasing. Please contact me at x2312 if there are
any questions. Thank you.