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R2026-41 Resolution Amending R2024-349 A Behind the Meter Solar Project for the William Street Pump Station
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R2026-41 Resolution Amending R2024-349 A Behind the Meter Solar Project for the William Street Pump Station
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3/5/2026 3:50:35 PM
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Resolution/Ordinance
Res Ord Num
R2026-41
Res Ord Title
R2026-41 Resolution Amending R2024-349 A Behind the Meter Solar Project for the William Street Pump Station
Department
Public Works
Approved Date
3/2/2026
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relocation. Determination of the amount of energy that would have been produced during the relocation shall be <br /> based, during the first Contract Year, on the estimated levels of production and, after the first Contract Year,based <br /> on actual operation of the System in the same period in the previous Contract Year, unless Seller and Purchaser <br /> mutually agree to an alternative methodology. "Contract Year"means the twelve month period beginning at 12:00 <br /> AM on the Commercial Operation Date or on any anniversary of the Commercial Operation Date and ending at <br /> 11:59 PM on the day immediately preceding the next anniversary of the Commercial Operation Date,provided that <br /> the first Contract Year shall begin on the Commercial Operation Date. <br /> c. Adjustment for Insolation; Termination. Seller shall remove the System from the vacated Facility prior to the <br /> termination of Purchaser's ownership,lease or other rights to use such Facility. Seller will not be required to restore <br /> the Facility to its prior condition but shall promptly pay Purchaser for any damage caused by Seller during removal <br /> of the System, but not for normal wear and tear. If the substitute facility has inferior Insolation as compared to the <br /> original Facility, Seller shall have the right to make an adjustment to Exhibit 1 such that Purchaser's payments to <br /> Seller are the same as if the System were located at the original Facility, increased to the extent necessary to <br /> compensate Seller for reduced revenues from Environmental Attributes and reduced Tax Credits that Seller(or, if <br /> Seller is a pass-through entity for tax purposes,Seller's owners)receive as a result of the relocation. If Purchaser is <br /> unable to provide such substitute facility and to relocate the System as provided, any early termination will be <br /> treated as a default by Purchaser. <br /> 11. Removal of System at Expiration. <br /> Upon the expiration or earlier termination of this Agreement (provided Purchaser does not exercise its purchase option), <br /> Seller shall, at its expense, remove all of its tangible property comprising the System from the Facility on a mutually <br /> convenient date, but in no event later than on hundred eighty(180)days after the expiration of the Term. Excluding ordinary <br /> wear and tear, the Facility shall be returned to its original condition including the removal of System mounting pads or other <br /> support structures. Seller shall leave the Facility in neat and clean order. If Seller fails to remove or commence substantial <br /> efforts to remove the System by such agreed upon date,Purchaser shall have the right,at its option,to remove the System to a <br /> public warehouse and restore the Facility to its original condition (other than ordinary wear and tear) at Seller's cost. <br /> Purchaser shall provide sufficient space for the temporary storage and staging of tools, materials and equipment and for the <br /> parking of construction crew vehicles and temporary construction trailers and facilities reasonably necessary during System <br /> removal. <br /> 12. Measurement. <br /> Seller shall install one or more meter(s),as Seller deems appropriate,at or immediately before the Delivery Point to measure <br /> the output of the System. Such meter shall meet the general commercial standards of the solar photovoltaic industry or the <br /> required standard of the Utility. Seller shall maintain the meter(s)in accordance with industry standards. <br /> 13. Default.Remedies and Damages. <br /> a. Default. Any Party that fails to perform its responsibilities as listed below or experiences any of the circumstances <br /> listed below shall be deemed to be the "Defaulting Party", the other Party shall be deemed to be the <br /> "Non-Defaulting Party",and each event of default shall be a"Default Event": <br /> i. failure of a Party to pay any amount due and payable under this Agreement, other than an amount that is <br /> subject to a good faith dispute, within ten (10) days following receipt of written notice from the <br /> Non-Defaulting Party of such failure to pay("Payment Default"); <br /> ii. failure of a Party to substantially perform any other material obligation under this Agreement within thirty <br /> (30) days following receipt of written notice from the Non-Defaulting Party demanding such cure; <br /> provided,that such thirty (30)day cure period shall be extended(but not beyond ninety(90)days)if and to <br /> the extent reasonably necessary to cure the Default Event, if(A) the Defaulting Party initiates such cure <br /> within the thirty(30)day period and continues such cure to completion and(B)there is no material adverse <br /> effect on the Non-Defaulting Party resulting from the failure to cure the Default Event; <br /> iii. if any representation or warranty of a Party proves at any time to have been incorrect in any material <br /> respect when made and is material to the transactions contemplated hereby, if the effect of such <br /> incorrectness is not cured within thirty (30) days following receipt of written notice from the <br /> Non-Defaulting Party demanding such cure; <br /> iv. Purchaser loses its rights to occupy and enjoy the Premises; <br />
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