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Council accepts Envoy Solar decommissioning bond and plan, citing $6M+ bond to secure future remediation
Summary
The council accepted a decommissioning bond and plan from Envoy Solar LLC for the Envoy Solar Farm; staff said the bond is "a little over $6,000,000," will be recorded to run with the land and is intended to fund remediation if the project is abandoned decades from now.
The Mexico City Council voted to accept a decommissioning bond and decommissioning plan from Envoy Solar LLC for the solar farm on the eastern part of the city.
Staff explained the solar farm came online earlier in the year (approximately March) and that the city’s ordinance requires a decommissioning bond and plan for commercial solar facilities. "The bond itself is for a little over $6,000,000," city staff member Drew Wilford said, explaining the bond would be recorded to run with the land so that a future owner would remain responsible for decommissioning obligations.
Council and staff discussed screening and vegetation that had been planted as part of the original design; staff said the plants are expected to grow about 3 feet per year and will screen the facility over time, and the city will check that the originally specified plantings were installed.
Council voted to accept the bond and plan by ordinance and move the matter forward. Staff said the plan is intended to protect the city in the long term while allowing the solar project to operate now.
Because the bond is recorded against the site and the site is leased (not owned by Envoy), staff noted that the project company or parent company at the time of any future decommissioning would be responsible for remediation.
