HomeMy WebLinkAboutSummit Ridge Energy - Cutchogue Landfill RESOLUTION 2022-343
ADOPTED DOC ID: 18012
THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2022-343 WAS
ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON
APRIL 12,2022:
RESOLVED that the Town Board of the Town of Southold hereby authorizes and directs
Supervisor Scott A. Russell to execute an amendment to the memorandum of lease with Summit
Ridge Energy for the Cutchogue Landfill Property located at 6155 Cox Lane, Cutchogue,New
York extending the option period and adjusting the lease rate therein, subject to the approval by
the Town Attorney.
Denis Nonearrow
Southold Town Clerk
RESULT: ADOPTED (UNANIMOUS)
MOVER: Sarah E.Nappa, Councilwoman
SECONDER:Jill Doherty, Councilwoman
AYES: Nappa, Doroski,Mealy,Doherty,Evans,Russell
EIVED
�aSu��Qc��o REC
jig OCT - 5 2022
dol Southold Town Clerk
Office of the Town Attorney
Town of Southold
Town Hall Annex, 54375 Route 25
P.O. Box 1179
Southold, New York 11971-0959
Telephone : 631-765-1939
Facsimile: 631-765-6639
MEMORANDUM
To: Denis Noncarrow, Town Clerk
From: Missy Mirabelli
Secretary to the Town Attorney
Date: October 5, 2022
Subject: Amendment to Ground Lease —Summit Ridge (SRE Solar
Origination 2, LLC)- Development Term Extension
With respect to the above-referenced matter, I am enclosing the fully executed
Agreement.
If you have any questions regarding the enclosed, please do not hesitate to call me.
Thank you.
/mm
Enclosures
August 23,2022 ENERGY
Town of Southold
53095 Route 25
PO Box 1179
Southold,NY 11971
Attn:
Re: Town of Southold Ground Lease—Development Term Extension
Reference is made to that certain Ground Lease, dated as of January 19, 2021,between Town of Southold
("Landlord") and SRE Solar Origination 2, LLC, a Delaware limited liability company ("Tenant") for the
lease of certain real property located 6155 Cox Lane, Cutchogue,NY for the development, construction,
operation and maintenance of a solar-powered electric generation facility and associated uses necessary or
ancillary thereto ("Lease").
Capitalized terms used but not otherwise defined herein shall have the meanings set forth for them in the
Lease(s).
Notwithstanding any previous extension notices, Tenant and Landlord, by execution of this letter
agreement, acknowledge and agree that pursuant to Section 4(a)(i)(B) of the Lease,the two (2) additional
six(6)month(s)Development Term extension option(s),retroactively starting on July 23,2022,have been
exercised by Tenant and the current Development Term ends on the earlier of a) July 23, 2023, or b) the
first day of the Operating Term.
The undersigned, each in his capacity as a representative of Landlord or Tenant,as applicable,each hereby
certify that he is duly authorized to execute and deliver this letter agreement on behalf of Landlord or
Tenant, as applicable.
This letter may be executed in any number of counterparts, which may be delivered electronically or by
other means. Each party may rely upon signatures delivered electronically as if such signatures were
originals. Each counterpart shall be deemed to be an original, and all such counterparts when taken
together, shall be deemed to constitute one and the same instrument.
Sincerely,
SRE Solar Origination 2,LLC
By: e4 Q ea,L
Kerri Neary,A horized Person
Acknowledged and agreed to on this
day of OGAD_�,2022.
Town of Southold
By:
Name: S
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