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Title:
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FIVE-YEAR SUPERCHARGER AGREEMENT WITH TESLA, INC., WHICH WILL DO BUSINESS IN CALIFORNIA AS TESLA MOTORS, INC., FOR THE INSTALLATION OF TWELVE TESLA SUPERCHARGERS IN THE MISSION SQUARE PARKING GARAGE LOCATED AT 3750 UNIVERSITY AVENUE
That the Board of Public Utilities recommend that the City Council:
1. Approve the Supercharger Agreement with Tesla Motors, Inc., for a five-year term with an option for two (2) five-year extensions, located in the Mission Square parking garage, 3750 University Avenue; and
2. Authorize the City manager, or his designee, to execute the Supercharger Agreement with Tesla Motors, Inc., including the optional two five-year exxtensions, making minor, non-substantive changes, and to sign all documents and instruments necessary to complete the transaction.
(presentation by Kevin Milligan – 5 min)
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