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HomeMy WebLinkAbout~Master - Memorandum of Agreement for SunSmart Ames Community Solar Farm RESOLUTION NO. 20-627 RESOLUTION APPROVING THE MEMORANDUM OF AGREEMENT FOR THE SUNSMART AMES COMMUNITY SOLAR FARM FOR THE CITY OF AMES,IOWA WHEREAS, on July 23, 2019, the City Council approved an Energy Services Agreement with ForeFront Power(FFP Origination,LLQ for the SunSmart Ames community solar farm;and, WHEREAS, the construction of the solar farm is nearing completion and should be operational before the end of this month; and, WHEREAS, there are two documents ForeFront is requesting the City to execute in order to meet certain obligations with its Tax Equity Partner and allow for commercial operation of the farm; and, WHEREAS, the Memorandum of Agreement will give public record notice of the Energy Services Agreement the City and ForeFront signed on July 23,2019,and ForeFront's right,title and interest in the solar farm equipment; and, WHEREAS, the provisions of the Memorandum do not in any way change or affect the terms, covenants and conditions of the original Energy Services Agreement; and, WHEREAS,the Memorandum of Agreement will be recorded at the Story County Office of the Recorder. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that the Memorandum of Agreement for the SunSmart Ames Community Solar Farm is hereby approved. ADOPTED THIS 8`' day of December, 2020. Diane R. Voss, City Clerk John A. Haila, Mayor Introduced by: Gartin Seconded by: Corrieri Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 8tn day of December, 2020.