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HomeMy WebLinkAboutVilas Reservior - SolarCity Agreemental~r er aT,e e t ~ o rei j This Salar Power Purchase Agreement (this "Agreement") is entered into by the parties listed below (each a ")Party" and collectively the " ar °e") as ofte date signed y Seller below (the " c ' ate"). rc er: Seller: a a and Address a of i Name and Address lariy a 140 South it Street 3055 Cle ie ay City of t Point, C S ateo, C 9 0 Attention: ris Clayton, Assis t City Attention: Legal Department me er: Cen ; ® of City ~ r °t C w t Signature. Printed Name: ris Clayton Title: Assist t City agar Signature: A " /"°" ite Name: "~' Date: ~° ~__ _J SolarPowerPurchaseAg t(Co eroialOR) 20110413 (CE) 2011-PPA~Otb147 aacturer/ ael antit Yingli Green Energy:YL235P-29b 336 eete fs)® anufacturer/ adel r,n `. f'ranius SANG lus 2e-3 277 6 7. nel s® alarGity I_.iite a nty, installation of a solar energy system (includes: design, Ong' e ' , p~ 'tting, installation, anitaring, rebate application and papa -ark praaessir~ far solar energy systern), v `tin a erns c ' . S®1~rPowerFu aserA~ree t-Exhibit2 (Co ereial(9Rj 20tt0413 c(`Ej S®rarPowerPurchaseAgrea t-EibPt2 (Co ~~~a<®~} zorraar~ (cE7 i°t3 ~® T IV LICPI~IE is made d entered into this ~ day of ``- , 201 ~,, (the "Effective ate") y d between ~ L PSI CITY, whose add s is 140 .,oath Third Street, City of Cent I Point, regon 97502 (" 'c r"), and S }a CITY 1~1, whose address is 3055 Clea iew ay, S ate®, CA 4 02 (" °ce a"). A. Licensor is the o er of certain real property (" re 'ss"), located in the unty o Jac on, State of gon, attach to this License as E iit A and inco orated he y reference. 13. Licensor Licensee have entered into a Solar Power rcase Agree ant at or about the active ate (the "~9_r~ ~t") under which Licensee is selling energy gene t a photovoltaic electric ,generating sy°stern (the "S "} to Licensor. The Agree ant is for a to of fifteen (I) ye ,beginning o the active ate d ending on e fifteen (I} year annivers - o e Co ercial a do ate 'th an option to extend the Agreement for up to three () extended to of five () y each. uis t to e Ag e ant, Licensor g tad Licensee `•ocale, non®e lusive license (" 'c se") ovet° the Premises for the u~°poses don the to set forth in the g emet. I CNT~.r.crr CITY ~- B `"'~" u a e: Chris Clayton ` Title: Assis nt City anaer S S - ~~°~ e~pronATICId ;- ~y: .~ "- I'~a e: _[rr_ 1 Title ® '`~°t S®IaePov:erP~archasaAgre t-Eibit3 (C® eroialOE} 20[[0413 (CE) State of -~~ } o of___ } r ~ eo ' - _'~ ~ loot Public, ~ d ovally appeared ~ ~' ~ ®s v._1o ve to me on the bis o s °,sf v'';~ ce ; g arson(s) whose r ~ r(s) is/are subscribed to « ., c i x ant and a~__cnoweged o e that ~Jshe/i' € e: ,cute t` r his/ er/their a~ ~~ ~a_ _I o acity(ies), t at y h!__Lr/their slgn~ture(s) on a inst ant the pars (s), ortne entity upon bah o which the er~on(s}acts , e cuted the ° st eratm cart' under EI~TTI' F pE IJ n er the la of the State of ~, th the forego° g is t e co ct, Sh lily and official seals r c r A to o } } o ty o aeo } signature on e inst ant t e ers ), or the entity upon e alfof which the person tad, e cute the ' st 1~lent I certify under l? LY F under the laws oft State of lifo is t at the orego° g is t e and correct, I ESS hall and o vial seal® Solar Fo®verPuechase Agree t -Exhibit 3 (Co ercial t?R) 20110413 (CE} iA i se gal escritr ofrerises That carte' real e 1®ete the r~ty of Jac ~, State ® CSrrc® des e as oo~rsr A A C1:L F ITT L CAT I2~I SATE F ItE lid, C U Y F A S I~t, "I A I A I? ES V S ~ C E L ICI C I.1~ II' C'3F `TILT TAB AS S S R1 E F 14993746. re }° .~ r i SolarPowerPurehsseAgree t-ExFcibft3 (Co ~;~ro~)zorr®ais(cE> f' ---.. r°e r ' F raptly following the e cutian of this Agree t rah er shall supply Sal ity with the following credit infer at'ran® ,; ,.,,,r.~~~d;.I~4.~~~~,t~it~rr~te~t°t~y, t°aor~ ` ,orris i~~r , ® py of Articles aInca oratian, Partnership Agree nt, Fictitious l~tatrte State eat or i tional for tion IJocuments (If applicable}. F'in vial State ants g t three (3) ye of C A audited, reviewed, catpiled statements lance Sheet, Income Statement, Cash Flow}. 3olarCity }` request you ide additional acurnentatian to complete the credit e~ aluation process, SolarCity will notify you if additional infer tion is required. IV ICE: The Federal Eq ! rt dy Aot prohibits ore ° ors from discr° ing a gist ore pt son the is of ram, lor, Iigi , n nal on ° , ~ ar~ai std age (provided the ply s t c ityy to enter into a bin ' g r ); aii or peat of the ply 's inoo a dorives from public assisC oe pgr sg or 6e the a !i nt has d fa° ex°e° y ri r the Cons r dit e~~ Aot. The federal agency that iris 1° ce Frith this !aw c o~°nin this ° or is tho t of a C~ enll° of the C cy, er Elssit ~ fl301 ICistney Street, °te 3450, Ii® , T as 770fl0-4050. Sot Y is an aq o ~y n S° ~turo 'f t So1~rPaweePurchas~Age t~Eibit4 (Co 'all7R) 20tt04t3 (CE) ®1 r r rc A rse n Beer r '' s R teed ecerrxber II, 20Q9 r 3 la of lee ici purchaser shall purchase m Ssllar, and Seller shall sell to purchaser, ail ofts electric sne 3 gene y e yste g the I°rtial Tar d any itianal Tar (as s a in i , coIlscti~-sly the 66 er "}. Electric ens y ,generated y s Sys m 'II a ali~°ere to rcasar at the delivery point identified an i (the " li ry ai "}. purchaser shall to title to the alas °c energy gene led by the ysta at the slice paint, and ° lc of loss twill pass Sa sr to purchaser at the slivery paint. purchaser y purchase alactrrc ana y for the Facility fromatharsaurcas ifta rcassr's electric rs ants at the Facility e se the output aftha ysta . sr *° . ® ili _ ~~ a . a. °' r yes. purchaser shall pay allay anthly orts electric energy gene tad y the System siivsre to the elivery a' tat the rata she in °'--'- " (the " a gat rice"). Ta nthly pay ant far such ana y will bs equal to the applicable to r_,r Ili lied ~g the nu bar of k h of ana y gene led u ' g the a plicals anth, as seared y the System mater. _®T ®^~ . Seller shall ivaica purchaser nth ,either nually or t ugh ~ Such anthly ' aiaes ~=ra== st; :s (i} the amount o electric ana y ruca y the }-eta and dali~esrsd to the li~,°ary a int, (ii} the t a licaIs ta, c as incu y, purchaser under try Ag a t d (iii) the total amount due purchaser. c. es. rchasar shall either pay ar rsi bursa Seller far y and all to s assess an a gene lien, sale, slivery ar consu lien of electric energy p ucad y a System or the ° tarconnsction of the ysta to the tility's SotPowerPurctc~srAgxee t-Eibit5 (Comm into) 2arroar3 (cE} a e t Ter s® All aunts due under this Agree ent shall be due aya le net twenty () days reeeipt af' ~°aice. Any undist partian afte invaiae a aunt at paid with' the t-enty (2) day eria shill ~~ e rote st t e a ul rate of wa end a elf percent (2m5®/A) aver the I~rie to ut at tae ee the xi urn to per 'tte y law). 'rc- a At s 'ra e _ ~. ~. sa"' t Sol~rPowerPurchaseAgre t-Exhibits (Co ~rci~ta~lzorroai~(cE, ,~__ m_.e . ~ -- -- ._ Seller's obt° ations unc ° this r~~n it arc conditioned o the co Ietion o the ®Itoin conditions Seller's re on le satis do o orbefo the Condition Satisfaction ate® Co let ion of a physical inspection of e Facility and the property upon which e Facility is located ( e " re a")including, i applicable, geotecnical war and real estate due diligence to con the suite ility ofte Facility and the Pre ises orhe System; ® s r er's i a' s m Purchaser's obligations under Agree ant are conditioned on a occurrence of the Co mercial eration ate Earths Syste on orbefo the tsie ercial eration ate (fee "_~`~ '~ c. °° C° If y of the conditions listed in subsections a or a ve are not satisfied y the a lice le dates specified ° those subsections, e P ies ill atte t in good °t to negotiate new dates for the satisfaction of the failed conditions. If the ies are unable to negotiate new dates en the arty that not failed to et obligation y terminate this Ag sent upon t (TO} ays 'tten notice to the other P y without Liability far costs or a gas or trigge ' g a default under this Agree ant. 7. Seller's .. . r"° s. __ ` _ _ ®v s. Seller, 'th Purchaser's reasonable cooperation, shall use commercially Treason le efforts to obtain, at its le cost and a ease: y Wing, use and building per its rq° d to const ct, install dope to the yste ii. any agree ants and approvals om the Utility necessary ` orerto interconnect the Syste to the Utility's electric distribution syste u baser shall coops to `t Seller's reasonable requests to assist Seller i obtaining such agree ants, per 'ts and app vela. So1~rPo~verPuroh~seAgree t-Exibrt5 (Co 'alo)20110413(CE) ® [' C9 Sel~a°Po~verPurchaseAgre t-Exhibits (CoretOR)20110413(CE) to ination of this agree ant y either Pay® roarer agrees t Seller y roor a ernorandu of lioenso ' rust Bally the same for att had hereto as i in the land rec~ s setting the Lioese® Sec i Pu haser shall a sponsible for rota" the ysioal seou ° y o the aoilit} and the S}stern. . uroaser will not conduct aotimities o, in or about the Lieensc Area or the Facility that have a reasonable li and ofcausing a ge, i ai ant orote ire adversely a eot° g the yste m ° e® Purchaser shall p ~ ie Seller a high epee ' to et data Tine u ' g e Te tai enable Seller to reeo the eleotrio ee y gene tad y the Syste f roaser fails top vide such high speed ` to et d a ' e, or if such a oeases to notion and is not rape' , Seller y asonaly esti to the a ount o electric energy that rues gene to and ° `-Dice Pu haser for sueh ont ' aooo oe °f "~ _ 3olarPo~xerPurcha~eAgre t-Exbibit5 (Co ial OIL) 2oIt0413 (CE) xra 1 I y ge ' w secure that has a terial adverse effect an the c t to Seller of performing its aligatias under this Ag ernent, then the P ies shall, wit ' thi (3Q} day s fallaw° g receipt y P aserf Seller ofnatice of such ange in et and atte tin geed faith to negotiate en ants to this Ag ement as assns ly necessary tap e e the scone 'c E°alue of this Agreement to a Parties. I the ies unable to e open such n ants within such th' y ( } day period, then Seller shall have the right to to ate this Agree ant °taut rther liability to either P y e Sept °m'1 sect to p nt oa ants acc e riarto to ation® So1FowerFurc6aseAgree t-Enlribit5 (C® ) 20110413 (CE) the Facility to its original condition (other t ordinary we and tear) at Seller's cost. rch er shall provide su lcient space far the to porary sto ge staging oft Is, to ° is d equip nt for e par g of const coon crew vehicles to po ry const coon t filers facilities reasonably nee s u ' System re o~°aI. - - Electricity delive to the Facility s e assured by t e Solaruard nitorig system ° stalled interned y el' •as part ofthe System. 1 a saes. '~ _ - 4ny Pa at ifs to rfor its respo iities as listed below ore eriences any ofte c' u t c listed ~a.,vr s ail e deemed a 46 1 ° arty" each event of default shall e a " e It a ": (3} if any re sen Lion or wa ty of a Party prev at any t° e to have e ico ct in y material res act when e is to ' 1 to the t sactio conte fated e y, if t e effect o such ' co ct s is not cure with' thirty (3 } days follow' g receipt of written notice m the I~do efaulting y de ding such cure; () Purchaser loses its rights to oc py and enjoy the ' es; (5} a P y, or its gua ntor, eco es sat~-ent or is a p y to a an ptcy, org tion, olvency, liquidation, ceiversip, dissolution, ding®u or relief of debtors, or y g e I assignment far the et of creditors or ether s ° itar Bement or y ev t occurs ar ceed' gs are t en in y ju 'diction 'th respect to e P y whit has a si °1 effect; or (6} Purchaser pre` ants Seller m installing t e System or ote °se filing to erfo in a way that prevents the delivery of electric energy m the Syste Such fault Events not a use Pu teaser's obligations tQ e pay- ants that othe ' e wool have e due der is Ag e nt. (1) a edies for av ant ult. If a Pay ant a ult occurs, the and e ulting y y s perfo ce o its obligations un er this Ag e nt. Further, the on® ealting Party y pursue y remedy under this Agreement, at law or in equity, including tion for gas and to anon oft is g e ant, upon a~e (5} days prior itten notice to e fault' g a follow° g the Pay nt eault. so1P®w~rPuhaseAgxc t-Exhibits (Co ecial OIt7 20110413 (CE} (3) aaaes on `I'e inatian by gi ult. Upan a to inatian of this Agrgiement y the Non® eaulting Party as a result afa fault Event }- e Defaulting a 9 the gi alt' Party shall pay Ter inatian Pay ant to the Nan® faulting y deter e ollaws (the "Ter 'a a a t" ~: C. liatians Fallaw' Terminatian. If a Non® a Ming Pa ter 'etas this AgreenEmt ursunt to is Sectian 13 ), then following such to atian, Seller shall, at the sole cast gi ginsgi of e gifault' g y, rgimoae the uigmgint (e apt far mounting pads and sup rt st ctures) canstitut' g the Syste e Na giaulting P y shall t e all camgi Tally reasaale effarts to mitigate its a gas as a suit afa efault Event. . ~ rr 'es. a. r es`-`i---® -' err 'es. c a ,rep Bents and wa is to e atherthgi allawirrg: (2) Such P y has ataingi all licensgis9 au o ` tiaras, consents and appravals raga' d y any ve tal Authority or ether t party acs far such P y to o its s q c an its mess and toe cute d evert is Agree ant; d such P y is ' campy ce with all ws that relate to this Agree ant in all aterial respects. ®r _ ~~9s a ac~.~; - ,erg ra °es. rcasgirreresents and is to Sellerte fella g: (l~ License. Purchaser has the 11 right, Bawer d authority to grant gi License cantaine in Sectian S(a). Sue g rat of the License does net ~~1a to any law, Orin ce9 le ar ether gave ental restriction applicable to Purchaser ar the Facility is net Trace istent °th will net result in a ac or u under an} ag emet y which rcaser is u ar t afl`ects the Facility. (2) her Argigimgits. Neither the e cation delivery of this regiment y Puraaser nor e e ar ce y Purchaser of any o its obligations azner this Ag ement conflicts `t ar will SolarPawerPearcheseA~ree t-Exhibits (Co ercialaIi} 20110413 (CE} salt ° a b a or default under y reement or obligation to which rc er is a pa or which rchaser or the Facility is bound. eiii mt~r°a . ~__ - ~ , r • r _ _ _ rage. t all times du ° the Ter Seller and haler shall 'taro the fallowing insu ce® Seller's s ce. Seller s 1 rna' ta' (i} r®perty s nce an the System ®r the reloe ent post thereof, (ii} co ensid-e general ility ' su ce °it cove e of at least , 0,000 per occtt noe an ,0 ,000 annual aggregate, (iii} e Ioycr's liability insu ce 't cove ge o at least I, 0,0 and (iv} worker's co ensation insu c as reu' y w. Purchaser's nsu rcaser shall into ( co esive gene l liability ° su ce with cove ge of at least 1, ,000 per occurrence d ,000, 0 annual agggate, (ii} e loyer's liability insurance 't cove ge ofat least 1,0 ,000 d (iii) worker's co ensati® insu nce as re by law. 5olarFocvcrpurchaseAgre t-Exhibits (Co ~r~iato~z}zattaarsccE7 itin thirty (30} days after e cation of this ®~gree ant and upon the other Party's quest nually the after, each Party shall sliver the other Party- certificates o ` s nos evidencing the above reu° d cove ge. A Pa 's recei t, review or accept ce of such c~rficate shall in no may li or relieve the other y ofte duties and onsiilities to intair- insurance as set forth in this Ag e ent® ® e e ° s® Unless and to the eadent that a claim is covered y an ` e ity set o in is Ag e ant, each arty Salle responsible orthe payment of its o deuctilesm s to c solarPaworPuroh~seAgr~e t-Eibit5 (Co ~roialOEi) 20110413 (CEO I°da sea tial a yes. l~Ieiter y ar its ctars, a cars, sarealers, a ers, errtbers, aen employees sub ntractars ar suppliers shall be liable far y ct, special, incidental, e lary, ar consequential lass ar a e of y to ' ig out of their perfor ce ar on® e or ce e un ere~•e ifadvise ofsuch. ® arse a'e re. SolffirP®werPurcheAgscecnt-Etibit5 (C® ercialOR} 20110413 (CE} any of the forgo' g m the ilre of the Party- cla° ing Force ajeu to have errcised re unable igence}9 failure of equipment nat utili y or uerte con 1 of the y olai g Force ajeure. e® Riot ' hstaig anything herein to contrary, the o ligation to e any payment due under this Agree nt shall not bee used y a Force jeur°e event. . I a Force ajeure event continues for a period o one dyed (1g} days or re within a twelve (12} oath period and p vents a to ° 1 part of the erfo nce y a }hereunder, the y not cla' ing the Force ajeure shall have the right to ate this Agree et without It or er 1° ilit} to either } (e ept for ^unts acc ed unpaid}. ® •_ _ ~, So1~sPoraerPurch eAgre t-Etibit5 (C® erclel ORS 20110413 (CE) ~ ° 2. r r ° ° s iee he la~u afte state avere the yste is located sa gad~ern t Agreement itat giving effect to conflict oflarvs r' cilesm ® l '° _ ~ t e 4 ees. Any dispute a ° ' g a or lating to this Agree ant shall e itrte in of d, gon. e grit tion shall a ad ° istere y A in accord ce with its ~areesive Arit tia les cede , a j gment on y a y e ante din y urt of cam etent jurisictian. If the ies agree, a eiator y e consulted prior to grit tion. The prevailing yin y dispute aris° g aut afthis Agreement shall be entitled to re enable atto eys' fees costs. SolarPowcrPurchaseMgre t-Exhihft5 (Ca ercisl OR7 20110413 (CE} r er hiss r ees. of the Parties berate agree tap vide such infa tie, execute and deliver any inst manta ac nts to such ether actin y be necess or reasanal;r ste y e ether P y which net is sisterlt the p visia of this Agree nt and which da net ine~alve the smtians of aligatians ether t those p vied far i this Ag e ant, to g i~ e 11 effect to this Agree nt d to c nut the intent othr~ Agreement. a era ' e licence. It is the intent of the Parties that where negligence is date fined to have been faint, cantriutary or cancu nt, each Party s 11 bear the portianate cast of any liability. SolsrPoerPurchaseAgre e-Eeibie5 (Co erciala~ 20110413 (CE} re uesting arty. Any 'tten inst ant given e under y be relied upon y the ciient of such inst ment, e apt to the eadent the reci icnt has actual o~~lege of facts conta' e the ce ificate. a °ce a act. a arties inters this Agree ant to be a "se ice cant ct" ° bin the ing of Sectian 771(e}() of the to al venue de of I Pu baser will not t e the asition on a t rctu ar in y a er filings su estr`rtg that it is yt ' other than a porch c ofclectricity fro m the System. ® - - 1l~o pravisian of this Agree ant shall e ca t e or represented as dating a a etsip, t t, joint venture, fiduciary or y si °1 relationship bet•een the ies. a Party is auto ' to act an baba afthe ether P y, d neither sh a cansi ere the agent afthe ether. r_______ ~ .-~__.___-t. e t section me plated der is Agreement ca tit a "o and cantract" within the aping of e United States an ptcy e, and the ies her ac owlege an agree that each a is a s`a cantract enchant" with° the e • g afthe Hite States an ptcy fade. . it a*®®, ~: i xce t as o e °se e ressly vie herein, this Ag ement and all rights hereunder intended far the sale benefit of the Parties ereto sh all not i ly ar create any rights o the part a, ar obligations ta, any ether Pe an. of i it 5 SolarF®~uerPurohaseAgre t-Eibit5 (Co ial0) 201I0413 (4dE) ~^~ _ ®_ .t d a,~° i e ~ ~ ~.,,.,,a~r~ c-E~n~b~c6 (co °~i~to~}zorloars (eE) Y•tz pct ,g° i it 7 t,,i P v :, r G' ~ t -Exhibit ? (Comm fal ®R} 20110413 (CE}