Title
Approval of a Resolution Approving a Solar Project Agreement Extension with the Farmers Market Community Solar Project, LLC
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the resolution authorizing an extension of the Solar Project Agreement with the Farmers Market Community Solar Project, LLC.
Report
Issue:
Whether to continue the solar project agreement at The Olympia Farmers Market.
Staff Contact:
Scott River, Director of Recreation and Facilities, 360.753.8506
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
For general background, the City owns the building and executes an Operations and Maintenance Agreement with the Olympia Farmers Market for the ongoing operations on the premises. The building sits on Port of Olympia property, and the City and Port currently are in the middle of a 50-year lease agreement for the location of the market on this property.
The Farmers Market Community Solar Project, LLC was granted a lease agreement in 2011 allowing the placement of solar panels on the roof of the City-owned Farmers Market building. The agreement has reached expiration, and this extension (through the end of June) will allow the City and Farmers Market to determine if they are interested in retaining possession of the panels, or requiring the Farmers Market Community Solar Project, LLC, to remove the them. It also allows the Solar, LLC, to collect any remaining incentives through the expiration of the Washington State Department of Revenue-managed incentive program in June of 2020.
The Farmers Market currently receives the power generated from the panels, which are operated and maintained by the “LLC.” There have been no safety concerns with the panels over the life of the project, and panels are affixed by clamps which means the integrity of the roof remains intact.
The “LLC” is responsible for all insurance and maintenance, and secures a $10,000 Letter of Credit that ensures financial resources are committed if needed.
Neighborhood/Community Interests (if known):
The Farmers Market and Port of Olympia have both been informed of the requested extension and are supportive of the continuation of the project.
Options:
1. Approve the resolution as written
2. Request language modifications to the resolution
3. Do not approve the resolution as written and provide staff with alternate direction.
Financial Impact:
There are no financial obligations directly related to the proposed agreement
Attachments:
Resolution
Agreement