Norwalk

City Council

May 28, 2024 Consent Item #11

Agenda Item 11

11. SOLAR ENERGY PROJECT LEASE FINANCING – RESOLUTION NO. 24-21 - APPROVING THE\nEXECUTION AND DELIVERY OF A LEASE AGREEMENT, A PURCHASER LETTER, AN ESCROW\nAGREEMENT AND A LEASE PLACEMENT AGREEMENT; AND AUTHORIZING CERTAIN OTHER\nACTIONS IN CONNECTION THEREWITH; AND RESOLUTION NO. 24-22 - BUDGET AMENDMENT TO\nRECORD FINANCING TRANSACTIONS\nStaff recommends City Council adopt RESOLUTION NO. 24-21, A RESOLUTION OF THE CITY COUNCIL\nOF THE CITY OF NORWALK APPROVING THE EXECUTION AND DELIVERY OF A LEASE\nAGREEMENT, A PURCHASER LETTER, AN ESCROW AGREEMENT AND A LEASE PLACEMENT\nAGREEMENT; AND AUTHORIZING CERTAIN OTHER ACTIONS IN CONNECTION THEREWITH; and\nadopt RESOLUTION NO. 24-22 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NORWALK\nAUTHORIZING BUDGET TO RECORD FINANCING TRANSACTIONS\nORAL COMMUNICATIONS