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SFPUC adopts Lennar term sheet with requirement for on‑site solar despite one dissent
Summary
The San Francisco Public Utilities Commission adopted a resolution directing staff to secure on‑site solar for the Lennar/HPS development and to clarify financial figures, after amending the term sheet to ensure the developer’s $2 million contribution can fund on‑site installations; one commissioner voted against the measure citing indemnification and unresolved cost questions.
The San Francisco Public Utilities Commission on Dec. 12 adopted a resolution directing staff to secure on‑site solar installations as part of the Lennar/HPS redevelopment and to incorporate language in the term sheet allowing the developer’s $2 million contribution to be applied toward on‑site systems.
Commissioners debated an amendment to the resolution that would remove an ambiguous “or construct rooftop solar” clause and instead include an explicit mandate that the project will include on‑site…
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