HomeMy WebLinkAbout2017-184 (Assignment, Assumption and Novation Agreement between the City of Stillwater and Geronimo Energy LLC; BHE Renewables LLC; Gemini CSG1, LLC, Gemini CSG2, LLC, and Gemini CSG3 LLC) RESOLUTION 2017-184
APPROVAL OF ASSIGNMENT,ASSUMPTION AND NOVATION AGREEMENT
BETWEEN THE CITY OF STILLWATER AND GERONIMO ENERGY LLC;
BHE RENEWABLES LLC;
GEMINI CSG1,LLC, GEMINI CSG2, LLC,AND GEMINI CSG3 LLC,
WHEREAS,the City of Stillwater entered into a solar garden subscription agreement
with Geronimo Energy LLC on June 18, 2017; and
WHEREAS, within that agreement, it was agreed that the assignment, assumption
and novation agreement would be executed as part of the solar agreement.
BE IT RESOLVED, by the City Council of Stillwater, MN that the assignment,
assumption and novation agreement between City of Stillwater and
Geronimo Energy, LLC; BHE Renewables LLC; Gemini CSG1, LLC, Gemini CSG2, LLC,
AND Gemini CSG1, LLC,as on file with the City Clerk,is hereby approved.
BE IT FURTHER RESOLVED,that the Stillwater City Council authorizes the Mayor to
sign the agreement on the City's behalf.
Adopted by the City Council of the City of Stillwater this 3rd day of October, 2017.
Z•18d12'
Ted Kozlowski, Mayor
ATTEST:
Diane F.Ward, City Clerk