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UPDATE ON SOLAR POWER SUBSCRIPTION <br />Leitz gave the EDA an update on solar power subscriptions. She first reminded the EDA of a proposed <br />solar farm site located west of the Hugo Post Office. She stated that after requiring the solar company to <br />complete some due diligence, the site was deemed an unfeasible site. <br />Leitz discussed that staff had sent in a letter of intent to be included in a solar collaborative RFP through <br />the Met Council. This process includes the Met Council facilitating a process to receive proposals from <br />solar companies, evaluating the proposals, and performing a lottery process to match cities with <br />appropriate solar farms. After this process is complete, the City of Hugo will have a period to accept or <br />reject the solar company's subscription agreement. Leitz also stated that the City has been working in <br />parallel with a solar company, Solarstone, in a subscription agreement. She told the EDA that this <br />company is currently analyzing how much power the City uses and how much energy would need to be <br />subscribed to. <br />Leitz reminded the EDA that Xcel energy is required to have 20% of their energy to come from solar <br />power by 2020. She stated that the City could save 5%-10% through bill credits by subscribing to this <br />program. <br />UPDATE ON DOWNTOWN REDEVELOPMENT <br />Bear updated the EDA on downtown redevelopment. He stated that the City is in the closing process of <br />the purchase of a house located at 14715 Forest Boulevard North. He showed the EDA a map of the <br />properties that the City owns on Forest, south of 147th Street. This recent property connects to the City - <br />owned properties and staff believes that this area will be a very nice piece of land for future redevelopment. <br />Bear next updated the EDA on Lions Park. He stated that Lions Park was discussed in the mid -year budget <br />review and the Council has decided to send the plan back to the Parks Commission for further review and <br />revisions. <br />ADJOURNMENT <br />Gallivan made a motion, seconded by Houle, to adjourn at 6:25 P.M. <br />All ayes. Motion carried. <br />