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File #: 1266-19    Version: A Name: Subject: Communication sponsored by Mayor Mason requesting permission to pursue a partnership with WE Energies' Solar Now project for a 600 kilowatt revenue- generating ground-mount solar array installed at Olsen Prairie Park.
Type: Communication Status: Passed
File created: 11/8/2019 In control: Finance and Personnel Committee
On agenda: 11/19/2019 Final action: 11/19/2019
Title: Subject: Communication sponsored by Mayor Mason requesting permission to pursue a partnership with WE Energies' Solar Now project for a 600 kilowatt revenue- generating ground-mount solar array installed at Olsen Prairie Park. Recommendation of the Finance and Personnel Committee on 11-11-19: To approve. Recommendation of the Board of Parks, Recreation & Cultural Services on 11-13-19: To approve. Fiscal Note: Anticipated revenue approximately $26,151 annually payable in equal monthly installments of $2,179 for 30 years ($784,530 total).
Attachments: 1. Solar Now Cover Letter-Term Sheet-CityofRacine (1).pdf, 2. Attachment 1 - CityofRacine.pdf, 3. #1266-19 Resolution

Title

Subject: Communication sponsored by Mayor Mason requesting permission to pursue a partnership with WE Energies' Solar Now project for a 600 kilowatt revenue- generating ground-mount solar array installed at Olsen Prairie Park.

 

Recommendation of the Finance and Personnel Committee on 11-11-19: To approve.

 

Recommendation of the Board of Parks, Recreation & Cultural Services on 11-13-19: To approve.

 

Fiscal Note: Anticipated revenue approximately $26,151 annually payable in equal monthly installments of $2,179 for 30 years ($784,530 total).