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File #: 24-0474    Version: 1 Name:
Type: CM Action Item - Open & Responsible Government Status: Passed
File created: 5/23/2024 In control: Board of Commissioners
On agenda: 7/10/2024 Final action: 7/10/2024
Title: Request approval to amend an existing contract - Department of Real Estate and Asset Management, City of Atlanta FC-9696, Solar Energy Program with Cherry Street Investment Holdings, LLC dba Cherry Street Energy, LLC (Solar Financing Agent), to provide battery back-up power and demand management at no cost to the County at the Metropolitan Library Resilience Hub located at 1332 Metropolitan Parkway, Atlanta, GA 30310. Effective upon BOC approval. (APPROVED)
Attachments: 1. Exhibit 1 Amendent No. 2 to Form of Contract- Cherry Street, 2. Exhibit 2 Contractor's Performance Letter - Cherry Street Investment Holdings, LLC, 3. 2024-0474

DEPARTMENT
Real Estate and Asset Management

REQUESTED ACTION (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)
title

Request approval to amend an existing contract - Department of Real Estate and Asset Management, City of Atlanta FC-9696, Solar Energy Program with Cherry Street Investment Holdings, LLC dba Cherry Street Energy, LLC (Solar Financing Agent), to provide battery back-up power and demand management at no cost to the County at the Metropolitan Library Resilience Hub located at 1332 Metropolitan Parkway, Atlanta, GA 30310. Effective upon BOC approval. (APPROVED)
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REQUIREMENT FOR BOARD ACTION (Cite specific Board policy, statute or code requirement)
In accordance with Purchasing Code Section 102-420, contract modifications within the scope of the contract and necessary for contract completion of the contract, in the specifications, services, time of performance or terms and conditions of the contract shall be forwarded to the Board of Commissioners for approval.?

STRATEGIC PRIORITY AREA RELATED TO THIS ITEM (If yes, note strategic priority area below)
Open and Responsible Government

COMMISSION DISTRICTS AFFECTED
All Districts ?
District 1 ?
District 2 ?
District 3 ?
District 4 ?
District 5 ?
District 6 ?

IS THIS A PURCHASING ITEM?
Yes

SUMMARY & BACKGROUND This proposed amendment to the existing Solar Energy Program contract will enable Cherry Street Investment Holding, LLC, (Solar Financing Agent), to provide battery back-up power and demand management at the Metropolitan Library Resilience Hub at no cost to the County.

The original contract provides solar panels at county-owned facilities at no cost to the County. Cherry Street Investment Holdings, LLC owns and operates the panels, and the county pays a $.07/kWh price for the electricity that is on less than what we pay Georgia Power. We will pay a separate fee for the electricity provided by the battery, which is still less than the County's average Georgia Power ...

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