Loading...
HomeMy WebLinkAboutMINUTES - 06172014 - C.119RECOMMENDATION(S): ACCEPT the following report from the Finance Committee regarding the status of the Regional Renewable Energy Procurement Solar Project (R-REP). DIRECT staff to present funding options, estimated construction costs, estimated utility savings and anticipated project schedule for the proposed solar project to the Debt Affordability Advisory Committee (DAAC) to determine the County's ability for finance a direct purchase of the solar equipment. DIRECT staff to award a contract to the contractor identified in R-REP at the Board of Supervisors July 8, 2014 meeting for the execution of a contract for purchase, construction and a 20-year operation and maintenance service agreement for the solar equipment to be placed at six County sites, pending approval by the DAAC for funding such a purchase. FISCAL IMPACT: Informational report with no specific fiscal impact. The Regional Renewable Energy Procurement Solar Project is projected to save energy costs. The net present value savings after purchase, operation and maintenance are estimated to be $6.2 million. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 06/17/2014 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Lisa Driscoll, (925) 335-1023 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: June 17, 2014 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: Robert Campbell, Auditor-Controller, Brian Balbas, Deputy Public Works Director C.119 To:Board of Supervisors From:FINANCE COMMITTEE Date:June 17, 2014 Contra Costa County Subject:Regional Renewable Energy Procurement Solar Project (R-REP) BACKGROUND: After receiving the attached report from Public Works Department staff at the May 29, 2014 Finance Committee meeting, the Finance Committee considered three options related to the proposed solar project: a Power Purchase Agreement, Direct Purchase of the system or no project. The Finance Committee recommended staff pursue funding options at the Debt Affordability Advisory Committee (DAAC) for the direct purchase of the solar equipment in the amount of approximately $5 million. Pending the determination of the DAAC, the Finance Committee recommended staff bring an item before the Board of Supervisors on July 8, 2014 to award a contract for the construction, purchase and operation and maintenance of the solar equipment. By working as part of the R-REP, a coalition of nineteen agencies, the County was able to leverage the larger project into beneficial bids for the proposed work. The results of the R-REP bid were exceptional and along with the rebate incentives, reduced utility costs and decreased greenhouse gas emissions, the direct purchase option is the most cost effective. The background and benefits of this project are further outlined in the attached Finance Committee report dated May 29, 2014. CONSEQUENCE OF NEGATIVE ACTION: The County will not receive the benefits of this proposed solar project. The benefits include: Helping the County achieve Municipal Climate Action Plan Goals for reduced greenhouse gas emissions.1. Reduced energy costs.2. $1.2 million in rebate incentives for solar production.3. Capitalize on excellent R-REP construction bids.4. CHILDREN'S IMPACT STATEMENT: Not applicable. ATTACHMENTS R-REP Status Report