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File #: 22-0641    Version: 1
Type: Resolution Status: Adopted
File created: 5/23/2022 In control: Business, Arts, Workforce, Climate & Aviation Services Committee
On agenda: 6/20/2022 Final action: 6/20/2022
Title: A resolution approving a proposed Power Purchase Agreement between the City and County of Denver and Oak Leaf Solar 56, LLC concerning purchasing electricity from a solar array to be built at Denver International Airport. Approves a Power Purchase Agreement with Oak Leaf Solar 56, LLC for $26,921,860 and through 12-31-49 to purchase electricity from a solar array to be built at Denver International Airport in Council District 11 (202262492). The last regularly scheduled Council meeting within the 30-day review period is on 6-27-22. The Committee approved filing this item at its meeting on 6-1-22.
Indexes: Lucas Palmisano
Attachments: 1. RR22-0641 Request for Ordinance_Solar IX Power Purchase Agreement, 2. RR22-0641-City Council Summary_Solar IX Power Purchase Agreement, 3. 22-0641 Filed Resolution Oak Leaf Solar 56, LLC (202262492), 4. 22-0641 Contract-Oak Leaf Solar 56 LLC, 5. 22-0641 Filed Resolution Oak Leaf Solar 56, LLC (202262492), 6. 22-0641 - signed
Contract Request Template (Contracts; IGAs; Leases)

Date Submitted: 5-23-2022

Requesting Agency: Denver International Airport
Division:

Subject Matter Expert Name: Carolina Flores
Email Address: Carolina.flores@flydenver.com
Phone Number:

Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney's Office should enter the title above the description (the title should be in bold font).

Both the title and description must be entered between the red "title" and "body" below. Do not at any time delete the red "title" or "body" markers from this template.
title
A resolution approving a proposed Power Purchase Agreement between the City and County of Denver and Oak Leaf Solar 56, LLC concerning purchasing electricity from a solar array to be built at Denver International Airport.
Approves a Power Purchase Agreement with Oak Leaf Solar 56, LLC for $26,921,860 and through 12-31-49 to purchase electricity from a solar array to be built at Denver International Airport in Council District 11 (202262492). The last regularly scheduled Council meeting within the 30-day review period is on 6-27-22. The Committee approved filing this item at its meeting on 6-1-22.
body

Affected Council District(s) or citywide? Council District 11

Contract Control Number: 202262492

Vendor/Contractor Name (including any "DBA"): Oak Leaf Solar 56, LLC

Type and Scope of services to be performed:
This requests initiation of a Power Purchase Agreement to purchase electricity from a solar array to be built at Denver International Airport (DEN) at the greater of 86% of the avoided energy price from Xcel or $0.030/ kilowatt-hour (kWh). In no event will the rate exceed $0.0575 per kWh. DEN will subscribe to Solar IX at a per kilowatt-hour cost that is less than the per-kilowatt-hour cost currently paid to Xcel Energy, res...

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