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R2024-349 Resolution Authorizing a Behind the Meter Solar Project for the William Street Pump Station (2)
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R2024-349 Resolution Authorizing a Behind the Meter Solar Project for the William Street Pump Station (2)
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5/6/2026 8:34:28 AM
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5/6/2026 8:34:22 AM
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Resolution/Ordinance
Res Ord Num
R2024-349
Res Ord Title
R2024-349 Resolution Authorizing a Behind the Meter Solar Project for the William Street Pump Station
Department
Public Works
Approved Date
11/18/2024
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POWER PURCHASE AGREEMENT ("PPA") <br /> Exhibit 7 <br /> Performance Guarantee Agreement <br /> This Performance Guarantee Agreement (this "Agreement") is entered into by the parties listed below <br /> (each a "Party"and collectively the"Parties")as of the date signed by Seller below(the"Effective Date". <br /> Purchaser: Seller: <br /> Name City of Decatur Name Hawk-Attollo, LLC <br /> and 1 Gary K Anderson Plaza and 801 W. Main Street <br /> Address Decatur, IL 62523 Address Suite A221 <br /> Peoria, IL 61606 <br /> Attn: City Manager Attn:Jason Hawksworth <br /> Phone 217-424-2700 Phone 309-231-3900 <br /> Fax 217-424-2871 Fax 309-495-7996 <br /> Email E-mail jason@hawkenergysolutions.com <br /> System Description: Detailed in the Power Purchase Size/Location: Decatur Firehouse#2 Water <br /> Agreement Exhibit 2 Pump Station—176 kW (DC) <br /> This Agreement sets forth the terms and conditions of a performance guarantee provided by Seller in <br /> conjunction with that certain solar Power Purchase Agreement ("PPA") by and between Seller and <br /> Purchaser dated <br /> 1. Warranty. Seller guarantees that during the term of the PPA the System will generate the <br /> guaranteed kilowatt-hours (kWh) ("Guaranteed kWh") of energy to Purchaser set forth as <br /> follows: <br /> A. Seller guarantees that the System will produce 90%of the Guaranteed kWh in the <br /> baseline Contract Year 1 with an annual adjustment of the Annual System <br /> Degradation Factor of 1%for all subsequent Contract Years. <br /> B. Commencing on the second anniversary of the Commercial Operation Date, if at <br /> the end of each successive thirty-six (36) month anniversary thereof, the <br /> cumulative Actual kWh generated by the System is less than the Guaranteed <br /> kWh, then the Seller will send Purchaser a refund check equal to the difference <br /> between the average cost of electricity per kWh shown on the User's electric <br /> utility bill for the Contract Year for each kWh of such Production Shortfall and the <br /> Electricity Price. Seller will make that payment within thirty (30) days after the <br /> end of the relevant calendar year. <br /> Page 37 of 49 <br />
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