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Presenter outlines solar lease for Newport-area school, cites scholarship and energy savings
Summary
At a Beach Park CCSD 3 board meeting, an unidentified presenter proposed a solar lease for a Newport school (about 6.5 acres), described multi-decade lease terms and educational benefits, and said a carport design for Beach Park Middle School will follow; the district will receive a formal proposal by email.
An unidentified presenter told the Beach Park CCSD 3 board that a proposed solar-hosting project for a Newport-area school could occupy roughly 6.5 acres and generate multi-decade lease revenue while offering curriculum ties and community gifts.
The presenter (identified in the transcript as "Speaker 2") told the board the company’s stated lease rate is "$22,500 an acre," which the presenter said "works out to 50,000 a year," along with a 1.5% annual escalator and a lease running 40 years. The presenter summarized those terms as "over $800,000 just for hosting that project." The presenter said…
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