Finance Committee

February 16th, 2016

 

Call to Order

Oral Communications

Action Items

1. Utilities Advisory Commission Recommendation That the City Council Adopt a Resolution to Approve a Power Purchase Agreement With Hecate Energy Palo Alto LLC for up to 75,000 Megawatt-hours per Year of Energy Over a Maximum of 40 Years for a Total not to Exceed Amount of $101 Million

 

 

2. Utilities Advisory Commission Recommendation that the City Council Adopt a Resolution to Continue the Palo Alto Clean Local Energy Accessible Now (CLEAN) Program at the Current Contract Price of $0.165 per kilowatt-hour for Local Solar Resources and at the Avoided Cost Level ($0.081 to $0.082 per kilowatt-hour) for Local Non-solar Eligible Renewable Resources

 

 

3. Commercial and Residential Impact Fee Nexus Studies and Recommend Affordable Housing Impact Fees

Corrected Pages 10 and 11

Future Meetings and Agendas

Adjournment

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