lake elsinore
File #: ID# 21-013    Version: 1 Name:
Type: Council Consent Calendar Status: Passed
File created: 1/4/2021 In control: City Council / Successor Agency
On agenda: 1/12/2021 Final action:
Title: Adoption of Resolution Authorizing the City of Lake Elsinore Representatives to the Southwest Riverside County Energy Authority (SRCEA) to Approve the First Amendment to Solar Power Purchase Agreement, First Amendment to Sublease Agreement, and First Amendment to License Use Agreement; and Approving the Amended and Restated Guaranty of Solar Power Purchase Agreement by the City of Lake Elsinore and Authorizing Execution and Delivery of Same Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF CITY OF LAKE ELSINORE AND AS A MEMBER OF THE SOUTHWEST RIVERSIDE COUNTY ENERGY AUTHORITY (SRCEA), APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY BY RESPONSIBLE OFFICERS OF THE FIRST AMENDMENT TO SOLAR POWER PURCHASE AGREEMENT, 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.
Attachments: 1. SCREA PPA Amend - SR, 2. SCREA PPA Amend - Exhibit A - Reso Approving PPA Amendment, 3. SCREA PPA Amend - Exhibit B - First Amendment to PPA, 4. SCREA PPA Amend - Exhibit C - First Amendment to Sublease, 5. SCREA PPA Amend - Exhibit D - First Amendment to License, 6. SCREA PPA Amend - Exhibit E - Amend & Rest Guaranty

Title

Adoption of Resolution Authorizing the City of Lake Elsinore Representatives to the Southwest Riverside County Energy Authority (SRCEA) to Approve the First Amendment to Solar Power Purchase Agreement, First Amendment to Sublease Agreement, and First Amendment to License Use Agreement; and Approving the Amended and Restated Guaranty of Solar Power Purchase Agreement by the City of Lake Elsinore and Authorizing Execution and Delivery of Same

 

Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF CITY OF LAKE ELSINORE AND AS A MEMBER OF THE SOUTHWEST RIVERSIDE COUNTY ENERGY AUTHORITY (SRCEA), APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY BY RESPONSIBLE OFFICERS OF THE FIRST AMENDMENT TO SOLAR POWER PURCHASE AGREEMENT, 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.