Title
SOLAR LEASE AGREEMENT WITH POWERSTREAM INC. (WARD 5)
1. That the City Clerk be authorized to execute a lease agreement subject to the approval of the Director of Legal Services and the Director of Facilities and Transit with PowerStream Inc. for the lease of land at the City of Barrie Landfill site for the purpose of installing solar photovoltaic panels, based on the following terms and conditions:
a) That the lease period is twenty years;
b) The City of Barrie will incur no capital or operating costs;
c) The City will receive a lease rate of $10/kilowatt; and
d) The form of the lease shall be subject to the satisfaction of the Director of Legal Services.
2. That PowerStream Inc. be provided with a Blanket Council Support Resolution attached as Appendix “B” to Staff Report FCT005-15. (FCT005-15) (File: E11-SO)
AMENDMENT #1
That motion 15-G-181 of Section “B” of the General Committee Report dated September 14, 2015 concerning the Solar Lease Agreement with PowerStream Inc. be amended by adding the following as paragraph 3:
“3. That PowerStream be provided with the Land Use Restriction Resolution attached as Appendix “B” to the memorandum concerning the Solar Lease Agreement with PowerStream Inc. dated September 21, 2015, identifying that the Project on lands at the City of Barrie landfill registered as PIN 589070008 is exempt from any or all of the residential, commercial and industrial land-use restrictions as identified in Sections 2.3(e), 2.3(f), 2.3(g) and 2.3(h) of the FIT Rules, Version 4.0, subject to:
a) The Director of Planning’s confirmation that the provisions contained within the resolution are accurate and appropriate; and
b) The resolution may not be used for the purpose of any other form of municipal approval in relation to the Application or Project, or for any other purpose.”