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2011040408 - Desk Item - Solar Power Purchase AgreementDATE: TO: FROM: SUBJECT: MEETING DATE: 04/04/11 ITEM NO: 8 DESK ITEM COUNCIL AGENDA REPORT APRIL 4, 2011 MAYOR AND TOWN COUNCIL GREG LARSON, TOWN MANAGER SOLAR POWER PURCHASE AGREEMENT A. AUTHORIZE THE TOWN MANAGER TO EXECUTE A SOLAR POWER PURCHASE AGREEMENT BETWEEN THE TOWN OF LOS GATOS AND FRESH AIR ENERGY —II, LLC. IN ORDER TO PROVIDE SOLAR POWER FOR THE TOWN SERVICE CENTER AT 41 MILES AVENUE, AND THE POLICE OPERATIONS BUILDING AT 15900 LOS GATOS BOULEVARD. B. AUTHORIZE THE TOWN MANAGER TO EXECUTE FUTURE AMENDMENTS TO THE POWER PURCHASE AGREEMENT THAT DO NOT EXTEND THE TERM OF THE AGREEMENT OR RESULT IN A RATE INCREASE OF MORE THAN 1%. Three revised attachments are provided for this item as described below: Attachment 1 (Solar Power Purchase Agreement): Revisions were made to Attachment 1, Exhibit 2, Exhibit 5, and Exhibit 6 to reflect system size changes for the proposed solar power system at the Police Operations Building. The revised Exhibits reflect the new proposed system size of approximately 64 KW. There are no fiscal impacts associated with these revisions. Replacement Exhibits are provided as follows; Exhibit 2 — Description of Generating Facilities Exhibit 5 — Expected Annual Contract Quantity Form Exhibit 6 — Form of Attestation Attachment 2 (Estimated Cost Savings per site): A replacement Attachment 2 is provided, the second page of Attachment 2 was omitted from the agenda packet. Attachment 3 (Image of the Proposed Service Center Installation): Also provided is a replacement Attachment 3 which includes a second image that had been omitted from the staff report. The second image depicts the proposed panel layout for the Service Center installation. PREPARED BY: TODD CAPURSO Director of Parks and Public Works Reviewed by: 5'i Assistant Town Manager Town Attorney Finance Community Development Clerk Administrator N:\PPW\MANAGEMENT\COUNCIL\COUNCIL REPORTS\2011 Reports\April 4\Solar PPA Desk Itentdocx ATTACHMENT 1 Exhibit 2 Description of Generating Facilities The Generating Facilities consist of the following: 1. An approx. 66KW solar photovoltaic roof and parking canopy Generating Facility, consisting of approx. of 236 panels, inverters, and racking, for LG-02, located at 41 Miles Avenue, Los Gatos, CA 95030. 2. An approx. 64KW solar photovoltaic rooftop Generating Facility for LG-03, consisting of approx. 229 panels, inverters, and racking, located at 15900 Los Gatos Blvd., Los Gatos, CA 95032. NOTE: Generating Facility sizes may change subject to final system design. Exhibit 5 Expected Annual Contract Ouantitv Form (Annual KWH projected output) YR 1 95,700 I 91,440 YR 2 95,222 90,983 11 YR 3 94,743 90,526 YR 4 94,265 90,068 YR 5 93,786 89,611 YR 6 93,308 89,154 YR 7 92,829 88,697 YR 8 92,351 88,240 YR 9 91,872 87,782 YR 10 91,394 87,325 YR 11 90,915 86,868 YR 12 90,437 86,411 YR 13 89,958 85,954 YR 14 89,480 85,496 YR 15 89,001 85,039 YR 16 88,523 84,582 YR 17 88,044 84,125 FY-R 18 87,566 83,668 YR 19 87,087 83,210 YR 20 86,609 82,753 TOTAL 1,823,085 1,741,932 NOTE: Expected Contract Quantity is subject to change pro-rata, based on final system sizes identifed in Exhibit 2. Exhibit 6 Form of Attestation Environmental Attribute Attestation and Bill of Sale Fresh Air Energy — II LLC. ("Seller") hereby sells, transfers and delivers to the Town of Los Gatos ("Buyer") the Environmental Attributes and Environmental Attributes Reporting Rights associated with the generation of the indicated energy for delivery to the grid (as such terms are defined in the Power Purchase Agreement ("Agreement") dated January 20, 2011 between Buyer and Seller) arising from the generation for delivery to the grid of the energy by the Generating Facility described below: Facility name and location: _LG-02 at : 41 Miles Avenue, Los Gatos, CA 95030 and LG-03 at : 15900 Los Gatos Blvd., Los Gatos, CA 95032 Project Name: LG-02 and LG-03 EIA ID #: TBD CEC ID#: TBD Meter ID#: TBD Fuel Type: Solar Photovoltaic Capacity (KW): LG-02 — approx. 66 KW and LG-03 — approx. 64 KW Commercial Operation Date: TBD Dates MWhs generated Dates MWhs generated TBD In the amount of one Environmental Attribute for each megawatt hour generated; and Seller further attests, warrants and represents as follows: 1. To the best of its knowledge, the information provided herein is true and correct; 2. This transfer to Buyer is the one and only sale of the Environmental Attributes and associated Environmental Attributes Reporting Rights referenced herein; 3. The Facility generated and delivered to the grid the energy in the amount indicated as undifferentiated energy; and (Check one) X Seller owns the facility. To the best of Seller's knowledge, each of the Environmental Attributes associated with the generation of the indicated energy for delivery to the grid have been generated and sold by the Facility. ATTACHMENT 2 v 1 nX cL 0 V W O O 00 0 0 -4 O 00 tV o n m O o 0 Q N 101 O 00 N an an a N an an O co O v N tO l0 to a0 h in an an co .a .O o 00 co m e. ry .O to g rn m .^-a N 001 Cl m m m M o o N O 0 0 ry O tri N O a0 C aS m N ti N .1 an an to an an h an an vN N. m C o N N .1 e .a .a N e 0 O 0 O1 1-4 n. I,►1 cr tO W N O CO O1 r, 1N tf1 N N O f, r1 t0 arO O a13 O fY 0 N N N. 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ATTACHMENT 3 arc 1: I I 1— z CR; 3 cu E -0 0 cu > -0 0 WELI • E ‘.0 • cp = 0 a) u 5.- a) - tn • oc Fr,E E r 0 _ z ▪ w g. n 111 z March 18, 2011 H r-1 m R Notes: Prelim panel layout - 63KW