Subject
title
Approval to Take Ownership of the Solar Generation System at the Orange County Transportation Authority’s Administrative Headquarters’ Property
overview
Overview
The Orange County Transportation Authority requires modifications to the solar generation system located at 2677 North Main Street, Santa Ana, California to facilitate the construction of a board/conference room facility. Staff seeks approval in the amount of $3,091,059 to terminate the agreements governing the solar generation system to allow for the modifications necessary for further development of the board/conference room facility and to assume ownership of the solar generation system.
recommendation
Recommendation(s)
A. Authorize the Chief Executive Officer to negotiate and execute the necessary documents for the termination of the solar facilities lease and power purchase agreement to assume ownership of the solar generation system located at 2677 North Main Street, Santa Ana, California.
B. Amend the fiscal year 2026-27 budget in the amount of $3,091,059 to terminate the solar facilities lease and power purchase agreement for the solar generation system located at 2677 North Main Street, Santa Ana, California.