Title
A Resolution Authorizing the Acquisition of Real Property Identified by El Paso County Tax Schedule Number 6510001001 Near Bradley Substation
Presenter:
Jessica K. Davis, Land Resource Manager, Colorado Springs Utilities
Travas Deal, Chief Executive Officer, Colorado Springs Utilities
Body
Summary:
Colorado Springs Utilities ("Utilities") requests that City Council approve a resolution that will allow Utilities to purchase real property Identified by El Paso County Tax Schedule Number 6510001001 ("Property") ("Property") near Bradley Substation, which is currently owned by Clean Energy Collective LLC ("CEC").
Background:
With the approval of the Community Solar Garden Tariff, Utilities allowed development of two megawatts of Community Solar Garden energy. The first community solar garden (Venetucci Farms) was connected to Utilities' electric grid on December 22, 2011. A second Community Solar Garden was proposed by the CS Solar 1, LLC, a Colorado limited liability company ("CS Solar 1") at the Templeton Gap Landfill site. The Templeton Gap Landfill proposal was rejected when it was determined that the site was not within Utilities' electric service territory.
Utilities began collaborating with CS Solar 1 to locate a suitable site for another community solar garden. The Property, which was a portion of the Bradley Substation Site, (Tax Schedule Number 6510000008) was identified as an appropriate and available site for solar use consisting of an 8.677-acre parcel.
In May 2012, Utilities originally granted a 25-year revocable lease to CS Solar 1 to allow use of the Property as a community solar garden. The Board of County Commissioners approved CS Solar 1 's development plan on September 13, 2012 and CS Solar 1 was prepared to begin development of the Community Solar Garden facility.
CS Solar 1 was unable to secure financing for the Community Solar Garden at this Site without fee ownership of the Property. CS Solar 1 is a subsidiary of Clea...
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