Agenda Text
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Requesting approval to enter into a tax agreement with Sunwealth for a solar energy system at 444 Somerville Avenue.
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Official Text
To the Honorable Board:
I respectfully request that your honorable Board approve a tax agreement with Sunwealth for the solar system to be installed on the roof of 444 Somerville Avenue. The Board of Assessors reviewed and approved this agreement on November 2, 2017. This 133 kilowatt system will be selling all of its generation to the City in the form of net-metering credits through an agreement that this Board approved on September 14, 2017. Legislative body approval for the valuation and taxation of electric generating property agreements is required under the provisions of MGL, Chapter 59 Section 38H. My staff is available to answer any questions you may have. Thank your for your consideration of this item.
Respectfully submitted,
Joseph A. Curtatone, Mayor