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Approves the Solar Gardens Ground Lease Agreement a 20-year ground lease to allow the Denver Solar IV LLC (201207694) to construct and operate a 2 Megawatt DC solar photovoltaic system on DIA property. The proposed agreement is to enter into a 20-year ground lease to allow the LLC to construct and operate a 2 Megawatt DC solar photovoltaic system. Over the life of this agreement, together with the related subscriber agreement, it is expected that the Airport will save more than $600,000 as a result of the difference between energy costs paid through the subscription agreement and SRC payments made by XCEL to the Airport and the revenue from this ground lease. In addition, the airport will add 1.2 million kWh of clean renewable energy to it’s portfolio and thus reduce carbon dioxide emmissions by 989 tons, or the equivalent of 121 residences annually.
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