City of Temecula header
File #: AR-21-017    Version: 1 Name:
Type: Council - Consent Calendar Status: Agenda Ready
File created: 12/29/2020 In control: City Council
On agenda: 1/12/2021 Final action:
Title: Approve First Amendment to Solar Power Purchase Agreement, First Amendment to Sublease Agreement, First Amendment to License Use Agreement, and Amended and Restated Guaranty of Solar Power Purchase Agreement; all with SMER Research 1, LLC
Attachments: 1. Agenda Report, 2. Resolution, 3. Amendment - Sublease Agreement, 4. Amendment - Power Purchase Agreement, 5. Amendment - License Agreement, 6. Amended Restated Guaranty
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title

Approve First Amendment to Solar Power Purchase Agreement, First Amendment to Sublease Agreement, First Amendment to License Use Agreement, and Amended and Restated Guaranty of Solar Power Purchase Agreement; all with SMER Research 1, LLC

recommendation

That the City Council adopt a resolution entitled:

 

RESOLUTION NO.

 

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA, ACTING AS THE LEGISLATIVE BODY OF CITY OF TEMECULA AND AS A MEMBER OF THE SOUTHWEST RIVERSIDE COUNTY ENERGY AUTHORITY (SRCEA), APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY BY RESPONSIBLE OFFICERS OF FIRST AMENDMENT TO SOLAR POWER PURCHASE AGREEMENT, AND FIRST AMENDMENT TO SUBLEASE AGREEMENT, AND FIRST AMENDMENT TO LICENSE AGREEMENT, AND APPROVING AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AMENDED AND RESTATED GUARANTY OF POWER PURCHASE AGREEMENT