Title
Land Lease of City-Owned Property at McDowell Creek Wastewater Treatment Plant
Action
Action:
A. Adopt a resolution to approve a land lease agreement with McDowell Creek Solar LLC with a 20-year term for a solar facility to be located at the McDowell Creek Wastewater Treatment Plant (parcel identification number 013-05-102),
B. Authorize the City Manager to renew the lease for up to two, five-year terms, and
C. Authorize the City Manager to negotiate and execute all documents necessary to complete the lease.
Body
Staff Resource(s):
Angela Charles, Charlotte Water
Jackie Jarrell, Charlotte Water
Sarah Hazel, Sustainability Office
Explanation
* The McDowell Creek Wastewater Treatment Plant is located on 194 acres of city-owned property in the Town of Huntersville (adjacent to Council Districts 2 and 4).
* A portion of the site is not planned for or currently utilized for wastewater treatment plant operations and may be programmed to support other city priorities.
* McDowell Creek Solar LLC desires to lease a portion of the unutilized property for the development and operation of a solar energy conversion system and power generation facility.
* The completed project will represent the largest solar facility on any City of Charlotte owned property.
* The terms of the lease agreement are as follows:
* 10.7 acres
* 20-year term with two optional five-year renewals
* Lease amount of $1 per year
* Renewable Energy Credits from the farm will be purchased and used for Sustainable Energy Action Plan compliance, which supports the Strategic Energy Action Plan goals of reducing greenhouse gas emissions.
* Public Notice was published in The Charlotte Observer on June 9, 2023.
Charlotte Business INClusion
This is a real estate leasing and acquisition contract and is exempt (Part A: Appendix 1.27 of the Charlotte Business INClusion Policy).
Fiscal Note
Funding: Revenue from the lease will be deposited in the Charlotte Water Operating Budget.
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