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Resolution No. 3199-21 Solar ProjectRESOLUTION NO. 3199-21 A RESOLUTION OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT TO AUTHORIZE ENTERING INTO POWER PURCHASE AGREEMENT AND LICENSE AGREEMENT WITH SSI DEVCO, LLC, FOR A SOLAR PHOTOVOLTAIC PROJECT WHEREAS, it is the policy of the State of California and the intent of the State Legislature to promote all feasible means of energy conservation and all feasible uses of alternative energy supply sources; and, WHEREAS, the South Tahoe Public Utility District ("District") desires to reduce the steadily rising costs of meeting the energy needs at its facilities; and, WHEREAS, pursuant to Government Code section 4217.16, the District may request proposals for a solar project from qualified persons and, after evaluating the proposals, the public District may award the contract on the basis of the experience of the company, the type of technology employed by the company, the cost to the District, and any other relevant considerations; and, WHEREAS, the District, with the assistance of the Sustainable Energy and Economic Development Fund's consultant, Optony, Inc. ("Optony"), requested proposals from qualified companies to design, construct, operate and maintain a solar photovoltaic project at the District's wastewater treatment plant ("Solar Project") based on the overall proposed energy cost-savings, experience, and other relevant considerations; and, WHEREAS, after review of proposals submitted by qualified companies, SSI DevCo, LLC, was selected as being the most qualified company based on its proposal that was submitted in response to the requirements of the request for proposals; and, WHEREAS, SSI DevCo, LLC, through its consultant, ProStar Energy Solutions, has provided the District with an analysis ("Analysis") showing the cost savings and other benefits of implementing certain energy generation measures through the installation of the Solar Project at the District's wastewater treatment plant; and, WHEREAS, California Government Code section 4217.12 authorizes a public agencies to enter into an energy service contract with respect to an energy conservation facility and facility ground license if its governing body determines, at 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 a regularly scheduled public hearing, public notice of which is given at least two weeks in advance, that the anticipated cost to the District for the alternative energy project will be less than the anticipated marginal cost to the District of electrical energy that would have been consumed by the District in the absence of such energy project and the difference, if any, between the fair rental value for the real property subject to the facility ground license and the agreed rent, is anticipated to be offset by below-market energy purchases or other benefits provided under the power purchase agreement; and, WHEREAS, the District proposes to enter into a power purchase agreement ("Power Purchase Agreement") and facility ground license ("License Agreement") with SSI DevCo, LLC, pursuant to which SSI DevCo, LLC, will design, construct, install, maintain, and operate the Solar Project on District's property and arrange with the local utility for interconnection of the Solar Project with the local utility's power grid which will generate energy for the District's wastewater treatment plant; and, WHEREAS, the Analysis includes data showing that the anticipated cost to the District for the electrical energy provided by the Project will be less than the anticipated marginal cost to the District of electrical energy that would have been consumed by the District in the absence of those purchases; and, WHEREAS, the difference, if any, between the fair rental value for the real property subject to the License Agreement and the agreed rent, is anticipated to be offset by below-market energy purchases or other benefits provided under the energy service contract due to the land use restrictions for the District's property and limited access to the Solar Project site; and, WHEREAS, the Board proposes to enter into the Power Purchase Agreement and License Agreement with SSI DevCo, LLP, substantially in the form presented at this Board of Directors meeting, subject to such further changes, insertions or omissions as the District General Manager and legal counsel reasonably deems necessary following the Board's adoption of this Resolution; and, WHEREAS, pursuant to Government Code section 4217.12, the Board held a public hearing before adoption of this Resolution, public notice of which was given at least two weeks in advance, to receive public comment. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: 1.That based on staff reports reviewed by the Board of Directors of the District ("Board"), public comment and the administrative record as a whole, the Board finds that the terms of the Power Purchase Agreement and License Agreement are in the best interest of the District. 2.In accordance with Government Code section 4217.12, and based on data provided by the Analysis, the Board finds that the anticipated cost to the District for electrical energy provided by the Project under the Power Purchase Agreement will be less than the anticipated marginal cost to the District of electrical energy that would have been consumed by the District in the absence of those purchases. 3.In accordance with Govern ment Code section 4217.12 and based on the land use restrictions for the District's property and limited access to the Solar Project site, the Board finds that the difference, if any, between the fair rental value for the real property subject to the License Agreement is anticipated to be offset by below-market energy purchases or other benefits provided under the energy service contract. 4.The Board approves and authorizes the execution of the Power Purchase Agreement and License Agreement with SSI DevCo, LLC, all of which shall be subject to such further changes, insertions or omissions as the District's General Manager and legal counsel reasonably deem necessary. 5.The District's General Manager, or his designee, is further authorized and directed to execute and deliver any and all papers, instruments, opinions, certificates, affidavits, and other documents and to do or cause to be done any and all other acts and things necessary or proper for carrying out this Resolution and the terms and conditions of the Power Purchase Agreement and License Agreement. WE, THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution was duly adopted and passed by the Board of Directors of the South Tahoe Public Utility District at a regularly scheduled meeting held on the 21 st day of October, 2021, by the following vote: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 AYES : Cefalu, Romsos, Sheehan, Exline NOES: None ABSENT: Peterson WP,� South Tahoe Public Utility District ATTEST: By:�� Melonie Guttry, Clerk of the Board South Tahoe Public Utility district