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C-number: C-91-12-076-3

C-number: C-91-12-076-3-00
Item: #53
Revision: 00
Item Text
53. AGREEMENT FOR PHOTOVOLTAIC SYSTEM AT DOWNTOWN JUSTICE CENTER Authorize the Chairman of the Board to execute any and all documents associated with the installation of the Photovoltaic System at the Downtown Justice Center (Building No. 4053) including, but not limited to, the Solar Renewable Energy Credit Purchase Agreement Grid-Tied Photovoltaic System, APS Contract No. 18417. Under the terms of this agreement, APS commits to purchasing certificates representing the Environmental Attributes associated with the energy produced by the rooftop solar photovoltaic system to be installed on the building. In turn, Maricopa County commits to producing a specific amount of solar energy on an annual basis for 14 years. The total value of the Environmental Attributes is estimated to be $602,263, which will be paid to Maricopa County quarterly for 15 years. The additional documents associated with the installation of the Photovoltaic System are attached as exhibits to the Credit Purchase Agreement No. 18417. 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. The Facilities Management Department has received authorization to install a photovoltaic generation system at the Downtown Justice Center. This facility is eligible for application to APS to connect to the grid and receive production based incentives, payable quarterly for 15 years. The total value of the payments to the County is estimated at $604,263. Payments are scheduled to begin in FY 13. (C-91-12-076-3-00)

1 item(s) sharing C-number base C-91-12-076-3