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CC 02-04-2025 Item No. 10 Award a design-build contract for the Photovoltaic Systems Design and Installation_Written CommunicationsCC 02-04-2025 Item No. 10 Award a design-build contract for the Photovoltaic Systems Design and Installation Project Written Communications From:Ravi Kiran Singh Sapaharam To:Chad Mosley; City Council; Pamela Wu; City Clerk Subject:February 4, 2025 Council Meeting || Review of Photovoltaic Project Date:Tuesday, February 4, 2025 3:46:30 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Dear City Clerk, Please include the following in the written communications for the February 4, 2025, council meeting: Dear Mayor Chao and Council Members, I urge you to reconsider the photovoltaic project due to: Escalating Costs: The budget has increased from $6.3 million to at least $10 million, including $4.3 million for Syserco Energy Solutions and $225,000 for 4Leaf, Inc. in project management fees. Uncertain Federal Funding: The project depends on a 30% rebate from the IRA and a 10% BABAA bonus, both currently on hold requiring federal approval. Without these, costs could rise significantly. Financial Risks: Projected savings rely on meeting the NEM 2.0 deadline. Delays might force the city onto less beneficial NEM 3.0 rates, reducing ROI. With these uncertainties, the $1.67 million could better serve immediate infrastructure needs. For fiscal responsibility, I respectfully request the cancellation of this project to avoid unnecessary financial risk. Sincerely, Ravi Cupertino Resident From:Santosh Rao To:City Council; City Clerk; Chad Mosley; Susan Michael; Pamela Wu; Tina Kapoor Subject:Urgent: Reject agenda item 10 Photovoltaic Project Due to Uncertain Federal Funding and Escalating Costs Date:Tuesday, February 4, 2025 3:37:11 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Dear City Clerk, Please include the below in written communications for the 02/04/25 council meeting. Subject: Urgent: Reject the Photovoltaic Project Due to Uncertain Federal Funding and Escalating Costs Dear Mayor Chao and Cupertino City Council Members, I am an incoming planning commissioner but am writing and speaking on behalf of myself only as a Cupertino resident. I urge you to reject agenda item 10 involving the photovoltaic (PV) project in its entirety due to its escalating costs, uncertain federal funding, and significant financial risks to Cupertino taxpayers. Escalating Costs and Poor Fiscal Planning This project was originally budgeted at $6.3 million but is now projected to cost at least $10 million when factoring in the design-build contract, construction management fees, and contingencies. The contract with Syserco Energy Solutions alone is $4.3 million, with an additional $225,000 allocated to 4Leaf, Inc. for project management. Given the history of cost overruns in public works projects, the final amount could rise even higher, putting further strain on city funds. Unreliable Federal Funding Jeopardizes Financial Viability A key assumption behind this project is that the city will receive a 30% rebate through the Inflation Reduction Act (IRA) Direct Pay credit, with an additional 10% from the "Build America Buy America Act" (BABAA) domestic content bonus credit. However, these federal incentives are not guaranteed. The latest update from the Biden-to-Trump transition indicates that all IRA disbursements are now on hold, requiring specific federal approval for each project. This creates a major funding risk, as Cupertino could be left without these anticipated rebates, dramatically increasing the city's financial burden. Uncertain Long-Term Savings and High Opportunity Costs The projected savings of $276,000 annually and $13 million over 30 years depend on multiple assumptions, including meeting the tight April 2026 deadline to qualify for Net Energy Metering (NEM) 2.0 rates. If the project is delayed—whether due to supply chain issues, labor shortages, or unforeseen construction challenges—the city would be forced onto less favorable NEM 3.0 rates, reducing the financial return. The remaining $1.67 million in city funds currently allocated to this project could instead be redirected to higher- priority infrastructure needs that guarantee more immediate and tangible benefits for Cupertino residents. A Responsible Path Forward: Cancel the Project Entirely Rather than moving forward with a high-risk, high-cost project, the most fiscally responsible decision is to cancel it outright. The project’s financial model has been undermined by shifting federal policies, and relying on uncertain funding sources places Cupertino in a precarious position. Without firm guarantees on IRA rebates, the city should not proceed with this large-scale capital investment. I strongly urge you to halt and reject this project before Cupertino is left footing an unnecessary multi-million-dollar bill. Sincerely, San Rao (Cupertino resident)