REPORT TO COUNCIL
SUBJECT
Title
Action on Amendments to Agreements with Hulberg and Associates, Inc. DBA Valbridge Property Advisors for Property Appraisal Services and Altamont Ranch Grazing Lease with Joseph R. Paulo
Report
COUNCIL PILLAR
Deliver and Enhance High Quality Efficient Services and Infrastructure
BACKGROUND
SVP uses property appraisal services typically to evaluate property values associated with easements on properties not owned by the City as required for the proper placement of power lines. In 2018, the City conducted a competitive Request for Proposal (RFP) process and entered into a three-year agreement with Hulberg and Associates, Inc. DBA Valbridge Property Advisors (Valbridge) to provide easement and parcel assessment services for City and non-City property located within and outside the City limits. In February 2020, Amendment No. 1 was executed between the parties to add additional funding to support property evaluations associated with SVP's Transmission System Reinforcement project. Since the agreement was executed, Valbridge has performed over forty property evaluations as part of the acquisition of easements associated with various projects.
SVP owns several remote sites primarily used for power generation purposes, including a plot of land in Alameda County called the Altamont Property. SVP has previously leased a portion of the property to operate a wind firm that is no longer operating and has been removed. In 2016, a ground lease and Power Purchase and Sale Agreement (PPA) was executed with Rooney Ranch, LLC for the power output of 19 megawatts (MW) of renewable wind generation on this property. Construction for that facility is anticipated in 2022. In addition to the wind farm used for power generation, SVP leases portions of the property for grazing. The grazing of the land controls vegetation growth, minimizes fire risks on the property, and provides a stable stream of revenue to the City. In 2011, the City and Jos...
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