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Board Of Aldermen

Board Of Aldermen - Minutes - 8/6/2019 - P23

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 23

Alderman Clemons

Board Of Aldermen - Minutes - 8/6/2019 - P22

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 22

So that’s the financial summary. | am happy to take any questions you may have there and that really is the
substance of the proposal so we don’t want to take too much more of your time.

President Wilshire

| didn’t mean to cut you off.

Board Of Aldermen - Minutes - 8/6/2019 - P21

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 21

thereafter for the duration of that PPA contract. Again, minimum 5 years; standard term of 25 years but those
buy out options are annual beginning in Year 6. So the City determines for how long they remain in the PPA.

Board Of Aldermen - Minutes - 8/6/2019 - P20

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 20

President Wilshire

Anyone else? Thank you very much gentlemen, appreciate you being here. Oh you still have more
presentation. The financials.

Board Of Aldermen - Minutes - 8/6/2019 - P19

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 19

Mr. Weeks And it is worth noting Alderman Lopez asked the question about the roof condition, in addition to
reducing cooling loads by exactly how much we don’t know, hence not included in the financials, it will extend
the roof life. Those UV rays are the primary cause of the degradation of the roof itself. So covering that up,
soaking up those rays instead as the panels are designed to do, will have that additional benefit.

Alderwoman Kelly

Board Of Aldermen - Minutes - 8/6/2019 - P18

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 18

Board Of Aldermen - Minutes - 8/6/2019 - P17

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 17

Board Of Aldermen - Minutes - 8/6/2019 - P16

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 16

Alderman O’Brien

Board Of Aldermen - Minutes - 8/6/2019 - P15

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 15

cases because what that does is we are adding significant extra cost to our racking and support systems, which
really must be offset by the additional generation that they provide. So in these power purchase agreement
projects where we do typically have expansive roof or ground spaces, the juice isn’t worth the squeeze.

Alderman Dowd

Board Of Aldermen - Minutes - 8/6/2019 - P14

By dnadmin on Sun, 11/06/2022 - 22:37
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Special Bd. of Aldermen — 08/06/2019 Page 14

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