Finance Committee - 08/14/2019 Page 10
They thought because they have only got 17 years left on their lease, they would like an extension so that they
will be able to have confidence that they will have possession of the building for a sufficient time to realize the
full benefit of the solar. And in case they want to buy the equipment, which is an option after 5 years, that they
could successfully obtain financing to do so. That’s what this Resolution would do, it extends the lease. Any
questions or comments?
Alderman Caron
Thank you. Mayor as you know | was part of this process when Conway came to the City to develop the Ice
Arena and they have been real good stewards to the community. One of the things that we had talked about
back then is the ability for them to provide grant money to non-profits throughout the City, most which go to
Youth Service Programs. They have stood by all the things that they said that they would do. That means
working with the schools, working with our youth, hockey programs, and working with the City to do their due
diligence. So | think to extend this lease should not be a very difficult decision to make. And if it helps us with
our solar power and helps them as well, then that is more money that they will do for their maintenance and go
give out grants. And as Charlie Hall said since they started, they have given over $700,000.00 to our
programs. And yay for the Fright Night.
Alderman O’Brien
Yes and | echo exactly Alderman Caron’s, | am a little tainted with this, my son is involved with hockey at the
Conway and | will tell you it’s a wonderful program, wonderful facility. ve been to Tyngsboro, in my time, and
played in many others and Conway is a very nice place. So | think it is outstanding. Plus | just want to make a
public service announcement, people seem to forget but during public skating it is an excellent way in the
summer time. It’s the ultimate cool off, if you go strap on your skates and go for a couple turns around the rink
which would be good. But yes | definitely do support this and it will give them a long-term effect to get the
benefits of the solar which is another benefit to us. So very good.
MOTION CARRIED
R-19-172
Endorsers: Mayor Jim Donchess
Alderman-at-Large Lori Wilshire
Alderman Richard A. Dowd
AUTHORIZING THE MAYOR TO ENTER INTO A POWER PURCHASE AGREEMENT (PPA)
AND LEASE WITH REVISION ENERGY
MOTION BY ALDERWOMAN KELLY TO RECOMMEND FINAL PASSAGE
ON THE QUESTION
Mayor Donchess
And Ms. Chisholm can explain again, she did explain this on the 6h.
Ms. Chisholm
| did explain briefly but you had already provided an extensive summary so essentially what the Mayor said.
We are looking to put solar on two of our municipal buildings and we are working with ReVision Energy. We
went through the purchasing process looking for the right solar vendor and as it turns out ReVision Energy was
and is, has been a great match for us. They’ve been very patient and they have been excellent at looking at
alternatives. We had originally contemplated putting solar on the street department's garage but as you can
see from tonight’s earlier approval of the contract, they are looking to do something to the street’s department
garage which really sort of puts off the opportunity of using that for solar.
