SUBJECT: APPROVAL OF GROUND LEASE AGREEMENT, A CONSTRUCTION LAYDOWN LEASE AGREEMENT, AND EFFLUENT AND POTABLE WATER SERVICES AGREEMENT AND MEMORANDUM OF UNDERSTANDING (DESIGN, CONSTRUCTION AND OPERATIONS OF PUMP STATION AND EFFLUENT AND POTABLE WATER...July 3rd, 2008
FiledJuly 3rd, 2008CPV Vacaville, LLC (“CPV”) approached the City of Vacaville (“City”) in the fall of 2007 with a proposal to lease property from the City, on which they would develop a natural gas-fired, 500 megawatt (MW), electrical generating facility and ancillary equipment (“Plant”) on an approximately 25-acre portion of the Easterly Wastewater Treatment Plant site. The proposal arose out of CPV’s desire to respond to a then anticipated competitive solicitation from Pacific Gas and Electric (PG&E). The solicitation was in the form of a Request for Offer (RFO), to private electrical power companies, calling for the generation of up to 1,200 MW of new power from a variety of new plants in several locations within PG&E’s service territory.