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,ii« 632 Further discussion and additional information requests included opportunities and 633 advantages of a separate system available for redirection for emergencies; 634 opportunity cost analyses, and also soft costs incurred if the City chose to be a 635 host site (e.g. insurance, liability, wear and tear, etc.); cost benefit for taxpayers; 636 comparative analyses of lease rates and financial modeling of how to best benefit 637 from an installation; and identifying developers and determining what those 638 developers are willing to pay. 639 640 Regarding the timeline, Mr. Schwartz clarified that the only concern in timing is 641 the application period for Made in Minnesota credits, due by February 28 of each 642 year for their lottery system for funding with my finite information available at 643 this time. IL 644 645 Chair Stenlund reviewed the timeline and intent of the next three meetings to 646 gather sufficient information to make a recommendation to the City Council 647 based on the due diligence of the PWETC and subsequent submission to the 648 lottery system, even if the first round was neutral, and only limited use achieved. 649 Chair Stenlund opined that subsequent lottery rounds could enhance the 650 opportunities as it was deternfiked how best to sell the Roseville solar pieces. 651 652 Mr. Schwartz referenced the St. Paul Port Autho y presentation and their 653 financing powers, as recently hosted by the City of Roseville's Housing & 654 Redevelopm t Authority; as they reached o statewide for financing options 655 through joint powers agreements. Mr. Schwartz advised that the City of Roseville 656 was interested in this option due to the interest expressed by several churches in 657 Roseville; and ability to fund solar projects through special assessments for those 658 entities over time. Mr. Schwartz noted that this was in process as well as staffs 659 continued search for funding opportunities through private entities in Roseville. 660 661 was noted that IOK Solar would be making a presentation to the PWETC at 662 eir October meeting; in addition to staff providing answers to the questioned 663 raised tonight; and developed as more information became available. 664 665 Further discussion included the RFP process needed; lining up financial partners; 666 host site versus developer status; potential complexities of financing; and certain 667 scenarios that may be excluded based on a lack of financing, with the host site 668 seeming to be the most passive of the three options and potentially a much 669 simpler process if conditions were met. 670 671 Staff encouraged members to advise staff of any additional information requests 672 before the next meeting. 673 674 9. Possible Items for Next Meeting — October 28, 2014 675 • Revisit Information on parking provided by Mr. Bilotta tonight and 676 Chapter 1019 (Cihacek) Page 15 of 16