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172 Mr. Kroll noted that staff had an old contract for reference; and advised he would <br />173 provide an updated contract to the city for city review, updated as the new model <br />174 contract using the City of Farmington as the example. In that revised draft <br />175 contract and past presentations, Mr. Kroll noted cost differentials from 10.5 to 11 <br />176 cents versus 7 cents; with more monthly yield on these two roofs versus previous <br />177 projections, essentially doubling savings for demand management based on Xcel <br />178 Energy billings and Sundial Solar management, while still allowing for some <br />179 flexibility. <br />180 <br />181 At the request of Member Seigler, Mr. Kroll advised that at this point the name of <br />182 the financial investor isn't public knowledge, but noted the PWETC had met the <br />183 investor in the past. Once the system is built, Mr. Kroll offered to share that <br />184 information with the PWETC; but noted Mr. Culver could do so offline until it <br />185 became generally known further into the contract negotiations. <br />186 <br />187 Mr. Culver advised the PWETC that the next steps wouldthorization for <br />188 staff to negotiate a revised contract with review by the City orney; at which <br />189 time it would be presented to the City Council — ipated in August or <br />190 September — for their co eration and approval. <br />191 <br />192 Mr. Kroll agreed with the city's next steps, a that Sundial Solar would <br />193 recommend the contract go to the City Attorney view before the City <br />194 Council's stamp of approval. For their part (Sundia Solar), Mr. Kroll advised <br />195 they would move toward the contract negotiation step, since their engineers had <br />196 already given the roofs a precursory look to ensure they could support the solar <br />197 arrays. <br />198 <br />199 At the request of Chair Cihacek, Mr. Kroll stated his preference would be <br />200 completion of the contract nego ' tions a attempt installation of the solar array <br />201 et this fall. With their engineers and installers finishing up the work in <br />202 Farmington, Mr. Kroll noted it would then be easier and more cost-effective to <br />203 mobilize their crew from there to Roseville the end of September or by mid - <br />204 October depending on the timing of City Council approval. If that schedule isn't <br />205 feasible, Mr. Kroll advised that he anticipated an early spring of 2017 installation, <br />206 with either option not problematic. <br />207 <br />208 At the requestit Cihacek, Mr. Kroll advised that production will start as <br />209 soon as the sola stem is turned on. <br />210 <br />211 As a Roseville resident, Member Seigler expressed his preference in receiving a <br />212 summary sheet that showed the installation costs, investor amount, and city <br />213 responsibilities; along with maximum out-of-pocket expenses for the city even if <br />214 projected at "zero;" and projected increases in annual revenue that would be <br />215 easier for citizens to understand the city's (e.g. taxpayer's) liability other than the <br />216 more complicated spreadsheet presented tonight. Member Seigler asked that the <br />Page 5 of 19 <br />