Special Bd. of Aldermen — 08/06/2019 Page 3
power. He has got an excellent background in solar and renewable energy so he was really able to dive into the
pricing that was being offered by all the competitors. As is turned out Revision Energy was for us the preferred
vendor. So far, | mean the selection was made several weeks ago, a couple of months ago and | know
Revision is really chomping at the bit to get started on this. We have been working very closely with them. It
has been a bit of a challenge to find the right properties.
As the Mayor indicated there are many different criteria that will Keep properties in the portfolio or kick them out
and one of the things is the status of the roof. Not every building that the municipality owns has a new roof so
that has been a very huge challenge to figure that out. Thankfully we were able to have Conway come to the
rescue. They have an expansive roof that is in really great shape. So again Dan an James will give you way
more of the details on how this is going to play out with the power purchase agreement that we need to get into
with Revision Energy similar to what Conway Arena will be also signing up for as well. So if anyone has any
questions specifically for me, the details are going to come from Revision Energy and their presentation. But
from a purchasing standpoint, if anyone has any questions | am happy to answer.
Mayor Donchess
Thank you, now | would just add before we bring up Revision that of course we have a couple of major goals
here that have been articulated by the Board of Aldermen, by the Energy Committee and by the City. First, we
are trying to reduce our carbon footprint and we have established some goals with respect to that. This will help
us work towards that goal. Revision will tell you if we sign this and we can get this done by the end of the year
we may be able to add a couple of add-on buildings that are not good enough to be standalone but could
possibly be added to the project. City Hall being one of them and possibly one or two others.
And of course the other goal is to save the City money which we can do and you will see the details of the
financials when they present the details regarding the cash flow and the rest of it. So thank you to Deb and
everybody who worked so hard on coming up with this. One more thing, we really need to give Conway a clear
sense that this lease extension would be acceptable so that they can undertake this with confidence and | think
we need to take some steps we hope by the end of the month, end of August. But we can talk more about the
timing and the details later on.
President Wilshire
| think that Alderman Laws had some questions for Deb before we call Revision.
Alderman Laws
No | can wait until the end.
Mayor Donchess
No go ahead, | mean why not?
