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Regular City Council Meeting Monday, September 17, 2018 Page 25 Councilmember Willmus asked with regard to the options that are a part of the contract is there anybody in finance on the City's end looking at it and how it might impact the City. Mr. Culver stated he has not asked finance to do a thorough analysis of that. The City would have a call option,but he could not see recommending that given what the City is looking at from an annual savings perspective. This is set up so that at year 13 for the solar rewards program, the City owns is and will get the full bene- fit from it, and year 18 with the other program. That is how the financing is set up. Councilmember Willmus asked for someone to explain the call side of this for him. Mr. Psihos reviewed the call option with the Council. Councilmember Laliberte stated Mr. Culver mentioned the park side of the maintenance building is due for a roof replacement in 2019 and asked Mr. Culver what he foresees as necessary work on the other roof Mr. Culver stated the maintenance building is an L shaped building and the ma- jority of the roof that the system is on was reroofed in 2014. The other portion is scheduled to be reroofed in 2019. He noted City Hall was also reroofed in 2014 and the Fire Station roof is six years old. Councilmember McGehee thought this proposal is the best one she has seen and assumed the Public Works Commission was in favor of this as well. Mr. Culver stated the Public Works Commission did not have a formal recom- mendation for the Council because there was not a quorum at the last meeting, but staff did get individual responses from the Commissioners and all Commissioners were in favor of proceeding with this proposal. Councilmember McGehee asked what the timeframe was for the decline of the tariffs and rebates. Mr. Psihos stated for the Solar Reward Program he believed iDeal Energy has al- ready applied for and locked in the rebates for the City. Xcel is trying to modify the program for 2019 and would try to lower the rebates starting in January. When Xcel does that the thirteen-year deal will become a fifteen-year deal be- cause his company still needs to collect the right amount of money. Mayor Roe asked what had to be done by the end of the year in order to receive the full benefits.