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R2024-348 Resolution Authorizing a Behind the Meter Solar Project for the Decatur Public Library (2)
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R2024-348 Resolution Authorizing a Behind the Meter Solar Project for the Decatur Public Library (2)
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5/6/2026 8:36:50 AM
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5/6/2026 8:36:45 AM
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Resolution/Ordinance
Res Ord Num
R2024-348
Res Ord Title
R2024-348 Resolution Authorizing a Behind the Meter Solar Project for the Decatur Public Library
Department
City Manager
Approved Date
11/18/2024
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POWER PURCHASE AGREEMENT ("PPA") <br /> Contract Year,unless Seller and Purchaser mutually agree to an alternative methodology. <br /> "Contract Year" means the twelve-month period beginning at 12:00 AM on the <br /> Commercial Operation Date or on any anniversary of the Commercial Operation Date and <br /> ending at 11:59 PM on the day immediately preceding the next anniversary of the <br /> Commercial Operation Date, provided that the first Contract Year shall begin on the <br /> Commercial Operation Date. <br /> c. Adjustment for Insolation;Termination. Seller shall remove the System from the vacated <br /> Facility prior to the termination of Purchaser's ownership, lease or other rights to use <br /> such Facility. Seller will not be required to restore the Facility to its prior condition but <br /> shall promptly pay Purchaser for any damage caused by Seller during removal of the <br /> System, but not for normal wear and tear. If the substitute facility has inferior Insolation <br /> as compared to the original Facility, Seller shall have the right to make an adjustment to <br /> Exhibit 1 such that Purchaser's payments to Seller are the same as if the System were <br /> located at the original Facility,increased to the extent necessary to compensate Seller for <br /> reduced revenues from Environmental Attributes and reduced Tax Credits that Seller(or, <br /> if Seller is a pass-through entity for tax purposes, Seller's owners) receive as a result of <br /> the relocation. If Purchaser is unable to provide such substitute facility and to relocate <br /> the System as provided, any early termination will be treated as a default by Purchaser. <br /> 11. Removal of System at Expiration. Upon the expiration or earlier termination of this Agreement <br /> (provided Purchaser does not exercise its purchase option),Seller shall,at its expense, remove all <br /> its tangible property comprising the System from the Facility on a mutually convenient date, but <br /> in no event later than 180 days after the expiration of the Term. Seller shall provide Purchaser a <br /> decommissioning bond for the full removal and any damages to the existing premises. Excluding <br /> ordinary wear and tear,the Facility shall be returned to its original condition including the removal <br /> of System mounting pads or other support structures. If applicable, Seller's removal of the <br /> System will not affect the integrity of Purchaser's roof,which shall be as leak proof as it was prior <br /> to removal of the System and shall be flashed and/or patched to existing roof specifications. Seller <br /> is responsible for the repair and/or replacement of any and all damages caused by the removal of <br /> the System. In no case shall Seller's removal of the System cause damage to the Facility at the <br /> time of removal and insofar as damages occur,Seller shall be responsible for the associated costs, <br /> excluding normal wear and tear. Seller shall leave the Facility in neat and clean order. If Seller <br /> fails to remove or commence substantial efforts to remove the System by such agreed upon date, <br /> Purchaser shall have the right, at its option, to remove the System to a public warehouse and <br /> 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 <br /> and equipment and for the parking of construction crew vehicles and temporary construction <br /> trailers and facilities reasonably necessary during System removal. <br /> It is acknowledged that Seller's failure to remove the System by such agreed upon date will cause <br /> Purchaser to incur substantial removal costs, economic damages, and losses of types and in <br /> amounts which are impossible to compute and ascertain with certainty as a basis for recovery by <br /> Purchaser of actual damages, and that liquidated damages represent a fair, reasonable and <br /> Page 19 of 49 <br />
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