Board of Airport Commissioners

RESOLUTION NO.      - Twenty (20)-year Lease with PCS Energy, LLC:  Covering potential development of a ground mount solar facility at 16521 Chase Street within Van Nuys Airport that is expected to generate approximately $21,900,000 in non-aeronautical revenue to Los Angeles World Airports over the term \nPURPOSE: Staff request approval of the proposed lease with PCS Energy, LLC to develop a ground mount solar facility at Van Nuys Airport that is expected to generate approximately $21,900,000 in non-aeronautical revenue to Los Angeles World Airports over the term of the lease. \nRECOMMENDATIONS: Adoption of the Report requesting that the Board of Airport Commissioners determine that this action is exempt from the California Environmental Quality Act (CEQA) pursuant to State CEQA Guidelines Sections 15303, 15304 and 15311; find that the Request for Proposals process used in this competitive award process satisfies the requirements of Administrative Code Section 10.17 and is compatible with the City's interests; further find that PCS Energy, LLC is responsive and responsible, and that entering into the lease is in the City's best interest; approve the Lease with PCS Energy, LLC; and authorize the Chief Executive Officer, or designee, to execute said Lease after approval as to form by the City Attorney and approval by the Los Angeles City Council. (David Jones)\n05 report \n6.