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Board authorizes assistant superintendent to finalize community solar contract pending legal review
Summary
The Caitlin Board of Education authorized Assistant Superintendent for Business Jackie Bogan to finalize a community solar subscription agreement that could produce about $46,000 in estimated annual savings, with legal review to follow.
The Caitlin Board of Education voted 6-0 to authorize Assistant Superintendent for Business Jackie Bogan to finalize a community solar contract on behalf of the district, with the execution contingent on the district's legal review. The board gave Bogan delegated authority to select the option that best meets the district's financial and operational needs.
Board members focused their questions on contract length, renewal terms and operational risk. Becky Thompson, a consultant with Nenea who returned to the board to provide updated market information, said one developer is offering a subscription tied to a local farm in Aurora in Kane County and structured as a 25-year arrangement…
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