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C-number: C-70-19-002-M

C-number: C-70-19-002-M-00
Item: #33
Revision: 00
Vote — approved
Steve Gallardo yes
Bill Gates abstain
Clint Hickman yes
Denny Barney abstain
Steve Chucri yes
33.AMENDMENT TO APS SOLAR RENEWABLE ENERGY CREDIT PURCHASE AGREEMENTApprove an amendment to the Solar Renewable Energy Credit Purchase Agreement Grid-Tied Photovoltaic System, APS Contract No. 18420 related to the installation of the Photovoltaic System at the Facilities Management Building Garage (Building No. 3311). Under the terms of the amended agreement, APS commits to purchasing certificates representing the Environmental Attributes associated with the energy produced by the rooftop solar 
Item Text
33. AMENDMENT TO APS SOLAR RENEWABLE ENERGY CREDIT PURCHASE AGREEMENT Approve an amendment to the Solar Renewable Energy Credit Purchase Agreement Grid-Tied Photovoltaic System, APS Contract No. 18420 related to the installation of the Photovoltaic System at the Facilities Management Building Garage (Building No. 3311). Under the terms of the amended agreement, APS commits to purchasing certificates representing the Environmental Attributes associated with the energy produced by the rooftop solar photovoltaic system installed on the building. In turn, Maricopa County commits to producing a specific amount of solar energy on an annual basis for the remainder of the 17 year agreement. The total value of the Environmental Attributes is changed from $1,278,987 to $1,072,140, which will be paid to Maricopa County quarterly for 17 years. The original documents associated with the installation of the Photovoltaic System are attached as exhibits to the Credit Purchase Agreement No. 18420. In the event that the County does not produce the specific amount of energy, the County has the obligation under the Credit Purchase Agreement to pay APS for the deficiency. The actual cost of such deficiency would be the difference between the contract price and the price for APS to purchase credits elsewhere. Due to equipment limitations, the Facilities Management Department has reconfigured the photovoltaic generation system at the Facilities Management Building Garage which will now produce less electricity. This amendment will adjust the amount of the eligible production based incentives, payable quarterly for 17 years. The total value of the payments to the County is changed from $1,278,987 to $1,072,140. (C-70-19-002-M-00)
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1 item(s) sharing C-number base C-70-19-002-M