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File #: 24-3076    Version: 1 Name:
Type: CONSENT AGENDA Status: Agenda Ready
File created: 9/27/2024 In control: Department of Facilities and Real Estate Management
On agenda: 10/23/2024 Final action:
Title: Authorize a twenty-year lease agreement with Ables Springs Solar, LLC, for approximately 4,496 square feet of land located in Kaufman County, to be used for the installation, maintenance and operation of a single, underground electrical circuit and associated fiber for the period November 1, 2024 through October 31, 2044 - Estimated Revenue: Dallas Water Utilities Fund $322,443.66
Indexes: 300
Attachments: 1. Map, 2. Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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STRATEGIC PRIORITY:                     Workforce, Education & Equity

AGENDA DATE:                     October 23, 2024

COUNCIL DISTRICT(S):                     N/A

DEPARTMENT:                     Department of Facilities and Real Estate Management

EXECUTIVE:                     Donzell Gipson

______________________________________________________________________

SUBJECT

 

Title

Authorize a twenty-year lease agreement with Ables Springs Solar, LLC, for approximately 4,496 square feet of land located in Kaufman County, to be used for the installation, maintenance and operation of a single, underground electrical circuit and associated fiber for the period November 1, 2024 through October 31, 2044 - Estimated Revenue: Dallas Water Utilities Fund $322,443.66

 

Body

BACKGROUND

 

This item, on behalf of Dallas Water Utilities, authorizes a twenty-year lease agreement with Ables Springs Solar, LLC, for approximately 4,496 square feet of land located in Kaufman County. This lease will provide for the installation, maintenance and operation of a single, underground electrical circuit and associated fiber for the promotion of a solar energy generation project.

 

The lease will begin on November 1, 2024 through October 31, 2044.

 

PRIOR ACTION/REVIEW (COUNCIL, BOARDS, COMMISSIONS)

 

This item has no prior action.

 

FISCAL INFORMATION

 

Estimated Revenue: Dallas Water Utilities Fund $322,443.66

 

OWNER/EXECUTIVE

 

Ables Springs Solar, LLC

 

Salvatore Bernabei, Chief Executive Officer

 

MAP

 

Attached