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Title:
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AMENDED AND RESTATED POWER PURCHASE AGREEMENT BETWEEN SOLAR STAR CALIFORNIA XXXIX, LLC AND THE CITY OF RIVERSIDE – SAN BERNARDINO WELLS SOLAR PHOTOVOLTAIC PROJECT FOR 25 YEARS AT AN ESTIMATED NET SAVINGS OF $17.9 MILLION OVER THE TERM OF THE AGREEMENT
That the Board of Public Utilities recommend that the City Council:
1. Approve the 25-year Amended and Restated Power Purchase Agreement between Solar Star California XXXIX, LLC and the City of Riverside to design, construct, operate and maintain a cumulative of 4.50 megawatt solar PV energy generation to be located on the Well Sites;
2. Authorize the City Manager, or his designee, to execute the Amended and Restated Power Purchase Agreement , as well as any future amendments or extensions to the Amended and Restated Power Purchase Agreement under the terms and conditions substantially similar or superior to this Amended and Restated Power Purchase Agreement;
3. Authorize the City Manager, or his designee, to execute any ...
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