Loading...
HomeMy WebLinkAbout2019-11-25 20-021 Order 11/25/201920-021 11/25/2019 20-021 Finance Order R24-020 Title, Order Authorizing Letter of Intent with ReVision Energy for Solar Photovoltaic System at 611 Maine Avenue, Map-Lot R24-020 and Amendment of Competitive Energy Services, LLC Agreement This order will authorize the City Manager to sign a letter of intent with ReVision Energy, including a payment, not to exceed $67,125.00, for development of a photo-voltaic system at 611 Maine Avenue. This order will also authorize an amendment to an agreement with Competitive Energy Services LLC. On June 20, 2019, the City received three bids for the development and installation of a solar photo-voltaic system on a City-owned parcel of land at 611 Maine Avenue, along with options for a lease, purchase, or power purchase agreement for the City. If approved, the contract with Revision Energy will include payment not to exceed $67,125 which will allow ReVision to proceed with due diligence, conduct the required Emera system impact study, and purchase equipment. The fee is reimbursed to the City within 30 days of signing a contract or power purchase agreement. Should the City decline to enter into a power purchase agreement, Revision will retain the $67,125 for incurred costs. The City has a contract with with Competitive Energy Services LLC. This order will also authorize an amendment to the City's contract with Competitive Energy Services to extend it for one month and increase the fee in the amount of $2500 to assist with review of the power purchase agreement in order to continue to receive its advice on the Power Purchase Agreement. CES was instrumental in the assisting staff in the review of the proposals. A final power purchase agreement would be subject to review of the city solicitor and approval of the City Council. This project addresses the Council goal of environment, infrastructure, and sustainability by implementing technology to increase energy sustainability and lower costs such as solar, LED, and electric car charging. Finance Committee 11/18/2019 Recommend for passage 50 New Business 11/25/201920-021 CITY OF BANGOR ORDER 11/25/2019 20-021 Schaefer Authorizing Letter of Intent with ReVision Energy for Solar Photovoltaic System at 611 Maine Avenue, Map-Lot R24-020 and Amendment of Competitive Energy Services, LLC Agreement Whereas, the City of Bangor has a stated goal of addressing the environment, infrastructure, and sustainability by implementing technology to increase energy sustainability and lower costs such as solar, LED, and electric car charging; and Whereas, a feasibility study indicated the likelihood was high that a viable solar project could be sited on City property, map-lot R24-020; and Whereas, the City of Bangor solicited proposals from qualified vendors; and Whereas, ReVision Energy provided the best proposal for a solar project that furthers the City's goals of energy sustainability and lower costs; and Whereas, the City signing of a Letter of Intent and down payment will allow ReVision Energy to proceed with final project design and contract negotiations; and Whereas, the City has a contract with Competitive Energy Services, LLC to provide consulting services for the selection of a developer for the solar project; and Whereas, the contract with Competitive Energy Services, LLC will end December 31, 2019; and Whereas, the services of Competitive Energy Services have been instrumental to the project development and amending the agreement to continue their services is critical to negotiating a final agreement with ReVision Energy; therefore: Be it Ordered by the City Council of the City of Bangor that the City Manager is authorized to enter into a Letter of Intent with ReVision Energy for a solar photovoltaic system at 611 Maine Avenue (map-lot R24-020) for the purpose of taking the necessary steps in order to move forward to be prepared to have a Power Purchase Agreement. Said Letter of Intent shall include a fee of $67,125.00, said fee to be reimbursed to the City in the event that the City and ReVision Energy agree to a Power Purchase Agreement. Said Letter of Intent shall be in a final form as approved by the City Solicitor. Be it Further Ordered by the City Council of the City of Bangor that the City Manager is authorized to execute an amendment to an Agreement with Competitive Energy Services, LLC dated July 1, 2019 to extend the term of the Agreement by one month and add the sum of $2,500 to the fee paid to Competitive Energy Services, LLC. Said Agreement shall be in a final form as approved by the City Solicitor. IN CITY COUNCIL NOVEMBER 25,2019 CO 20-021 MOTION MADE AND SECONDED FOR PASSAGE PASSED CITY CLERK