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R2022-161 Resolution Authorizing Agreement with Hawk-Atollo for Power Purchase Agreement Regarding Solar Canopy Project
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R2022-161 Resolution Authorizing Agreement with Hawk-Atollo for Power Purchase Agreement Regarding Solar Canopy Project
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Last modified
1/24/2023 5:05:18 PM
Creation date
10/7/2022 9:49:20 AM
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Resolution/Ordinance
Res Ord Num
R2022-161
Res Ord Title
R2022-161 Resolution Authorizing Agreement with Hawk-Atollo for Power Purchase Agreement Regarding Solar Canopy Project
Department
City Manager
Approved Date
10/3/2022
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DocuSign Envelope ID:221D6B40-33AE-4186-BC60-E598F733ACF1 <br /> Exhibit A <br /> POWER PURCHASE . . . , <br /> b. Additional Terms.Prior to the end of the Initial Term or of any applicable Additional Term, <br /> as defined below, if Purchaser has not exercised its option to purchase the System,either <br /> Party may give the other Party written notice of its desire to extend this Agreement on <br /> the terms and conditions set forth herein for the number and length of additional periods <br /> specified in Exhibit 1 (each such additional period, an "Additional Term"). Such notice <br /> shall be given, if at all, not more than one hundred twenty (120) and not less than sixty <br /> (60) days before the last day of the Initial Term or the then current Additional Term, as <br /> applicable. The Party receiving the notice requesting an Additional Term shall respond <br /> positively or negatively to that request in writing within thirty (30) days after receipt of <br /> the request. Failure to respond within such thirty (30) day period shall be deemed a <br /> reiection of the offer for an Additional Term. If both Parties agree to an Additional Term, <br /> the Additional Term shall begin immediately upon the conclusion of the Initial Term or <br /> the then current term on the same terms and conditions as set forth in this Agreement. <br /> If the Party receiving the request for an Additional Term rejects or is deemed to reject the <br /> first Party's offer, this Agreement shall terminate at the end of the Initial Term (if the <br /> same has not been extended) or the then current Additional Term. <br /> 4. Billing and Payment. <br /> a. Monthly Charges. Purchaser shall pay Seller monthly for the electric energy generated by <br /> the System and delivered to the Delivery Point at the$/kWh rate shown in Exhibit 1 (the <br /> "Contract Price"). The monthly payment for such energy will be equal to the applicable <br /> $/kWh rate multiplied by the number of kWh of energy generated during the applicable <br /> month,as measured by the System meter. <br /> b. Monthly Invoices. Seller shall invoice Purchaser monthly, either manually or <br /> electronically. Such monthly invoices shall state (i) the amount of electric energy <br /> produced by the System and delivered to the Delivery Point, (ii) the rates applicable to, <br /> and charges incurred by, Purchaser under this Agreement and (iii) the total amount due <br /> from Purchaser. The Contract Price includes electronic invoicing. If manual invoicing is <br /> required,Seller reserves the right to charge a twenty-five-dollar($25) handling charge to <br /> each invoice. <br /> C. Taxes. Purchaser shall either pay or reimburse Seller for any and all taxes <br /> assessed on the generation, sale, delivery or consumption of electric energy <br /> produced by the System or the interconnection of the System to the Utility's <br /> electric distribution system, excluding property taxes on the System;provided, <br /> however, Purchaser will not be required to pay or reimburse Seller for any taxes <br /> during periods when Seller fails to deliver electric energy to Purchaser for reasons <br /> other than Force Majeure or as a result of Purchaser's acts or omissions. For <br /> purposes of this Section 4(c), "Taxes"means any federal, state and local ad <br /> valorem, , occupation, generation,privilege, sales,use, consumption, excise, <br /> transaction, and other taxes,regulatory fees, surcharges or other similar charges, <br /> but shall not include any income taxes or similar taxes imposed on Seller's <br /> revenues due to the sale of energy under this Agreement,which shall be Seller's <br /> responsibility. No real estate taxes are anticipated by this agreement,but the <br /> seller shall be responsible for any real estate taxes caused by this system. Any <br /> Page 10 of 52 <br />
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