Finance Committee
Regular MeetingClarksville, TN · April 19, 2021
Minutes
FINANCE COMMITTEE
AND
PARKS & RECREATION COMMITTEE
APRIL 19, 2021
MINUTES
PUBLIC MEETING CALL TO ORDER
A joint meeting of the City of Clarksville Finance Committee and Parks & Recreation
Committees was called to order by Finance Chair Stacey Streetman on Monday, April 19,
2021 at 4:30 p.m. in City Council Chambers, 106 Public Square, Clarksville, Tennessee.
This meeting was conducted in person and via Google Meets.
ATTENDANCE
IN PERSON: Ashlee Evans, Travis Holleman, Karen Reynolds, Stacey Streetman
VIA GOOGLE MEETS: Richard Garrett, Jason Knight, DaJuan Little, Wallace Redd
ABSENT: Vondell Richmond
APPROVAL OF ELECTRONIC MEETING
In order to comply with the technical aspects of the Governor’s Executive Order
regarding holding open meetings in a forum other than in the open and in public,
the Finance Committee determines that meeting electronically is necessary to
protect the health, safety, and welfare of its citizens due to the COVID-19
outbreak.
Councilperson Evans made a motion to approve the electronic meeting. The
motion was seconded by Councilperson Redd. The following vote was recorded:
AYE: Evans, Garrett, Holleman, Knight, Little, Redd, Reynolds,
Streetman
The motion to approve the electronic meeting passed.
CDE SOLAR PROJECT PRESENTATION
Mayor Joe Pitts said Silicon Ranch Corporation had expressed interest in purchasing 140
acres at I-24/Exit 8, the site of the City’s athletic complex property. He said the property
in question had been determined undevelopable. Mayor Pitts summarized the City’s
Phase 1 and Phase 2 plans for the athletic complex and noted adjacent land to the north
would be developed by Exit 8 Properties for commercial use. Clarksville Department of
Electricity planned to build a substation on the north edge of the complex property and
Mayor Pitts said the City would retain access to the Red River on city-owned property.
He said the City’s offer to sell the property to the solar energy company would be a
three-year purchase option, $10,000 the first year, $20,000 the second year, and $30,000
the third year. He said the company’s option payments to the City would be
non-refundable and they would pay property taxes upon ownership.
Brian Taylor, CDE General Manager, stated CDE is the 44th largest public power
provider among more than 2,000 in the U.S., providing power and services to 72,000
electric customers and 24,000 video/internet/phone customers. He noted CDE pays $6
million annually to the City of Clarksville in lieu of property taxes. Mr. Taylor said CDE
purchases power from Tennessee Valley Authority who is the department’s only power
provider and rate regulator. He said a recent agreement with TVA allows CDE to
purchase up to 5% of renewable energy from outside sources. He stated the proposed
agreement with Silicon Ranch Corporation, a Tennessee corporation, would allow sale of
renewable energy to TVA and to CDE.
Mayor Pitts said this proposal would allow the City of Clarksville to continue its plan to
develop the athletic complex on the remaining 207 acres and said sale of the
hard-to-develop land would generate $3.36 million that could be used for the recreational
project.
Mayor Pitts offered the following responses from committee members’ questions:
proceeds from the sale of the property would go to the General Fund; Silicon Ranch
would be responsible for all site preparation upon ownership.
Mr. Taylor offered the following responses from committee members’s questions: CDE
would retain all Renewable Energy Credits to be used to improve the existing system and
to meet its sustainability goals; the rate CDE would pay for solar energy would be
approximately half the rate for TVA electric power; the savings would not result in an
immediate reduction in customer energy bills, but could delay rate increases; the solar
power generated from the facility would be transferred to the CDE substations and not
stored.
City Attorney Lance Baker said the sale of this property would recover 82% of the total
cost of the athletic complex property.
APPROVAL OF SALE OF PROPERTY
ORDINANCE 83-2020-21 Authorizing sale of a portion of city-owned property located
near Exit 8 off Interstate 24 (Clarksville Athletic Complex) to Silicon Ranch Corporation
for the purpose of development, construction, installing, operating, maintaining, and
managing a solar power generation facility
Councilperson Holleman made a motion to forward this ordinance to the City
Council with a recommendation of approval. The motion was seconded by
Councilperson Evans. The following vote was recorded:
AYE: Evans, Holleman, Knight, Little, Redd, Reynolds, Streetman
NOTE: Councilperson Garrett did not respond.
The motion to forward this ordinance to the City Council with a recommendation
of approval passed.
ADJOURNMENT
The meeting was adjourned at 5:34 p.m.
ADOPTED: April 27, 2021
Agenda
FINANCE COMMITTEE
AND
PARKS & RECREATION COMMITTEE
AGENDA
*This meeting will be conducted via Google Meets*
DATE: April 19, 2021
TIME: 4:30 p.m.
LOCATION: City Council Chambers/Google Meets
Meeting ID: meet.google.com/mnm-aqbk-qrg
Join by Phone: (US)+1 414-436-8874 PIN: 408 116 121#
1) PUBLIC MEETING CALL TO ORDER
2) ATTENDANCE
3) APPROVAL OF ELECTRONIC MEETING
In order to comply with the technical aspects of the Governor’s Executive Order
regarding holding open meetings in a forum other than in the open and in public,
the Finance Committee determines that meeting electronically is necessary to
protect the health, safety, and welfare of its citizens due to the COVID-19
outbreak.
4) CDE SOLAR PROJECT PRESENTATION Brian Taylor
5) ORDINANCE 83-2020-21 Authorizing sale of a portion of city-owned property located
near Exit 8 off Interstate 24 (Clarksville Athletic Complex) to Silicon Ranch Corporation for the
purpose of development, construction, installing, operating, maintaining, and managing a solar
power generation facility Mayor Pitts
6) ADJOURNMENT
ORDINANCE 83-2020-21
AN ORDINANCE AUTHORIZING THE SALE OF A PORTION OF CITY OWNED
PROPERTY LOCATED NEAR EXIT 8 OFF INTERSTATE 24 (CLARKSVILLE ATHLETIC
COMPLEX) TO SILICON RANCH CORPORATION FOR THE PURPOSE OF
DEVELOPMENT, CONSTRUCTION, INSTALLING, OPERATING, MAINTAINING, AND
MANAGING A SOLAR POWER GENERATION FACILITY
WHEREAS, the City of Clarksville owns certain real property located near Exit 8 off of
Interstate 24 that has been designated for future development and use as a large athletic complex;
and
WHEREAS, the City Council finds that a substantial portion of that property is not
suitable for use for athletic fields; and
WHEREAS, the Silicon Ranch Corporation (Silicon Ranch) is a business that develops,
constructs, installs, operates, maintains, and manages solar power generating facilities; and
WHEREAS, Silicon Ranch desires to purchase from the City an option to purchase a
portion of the Exit 8 Athletic Complex land owned by the City for the purpose of developing,
constructing, installing, operating, maintaining, and managing a solar power generating facility;
and
WHEREAS, the City of Clarksville, through its Clarksville Department of Electricity
Lightband (CDE) , as a retail local power company (LPC) that sells electricity to end user
customers, has a long term contract with the electric power wholesaler the Tennessee Valley
Authority (TVA) to purchase electric power; and
WHEREAS, TVA has established a green sustainable energy program to allow LPCs to
purchase a portion of their electric power needs from non-TVA companies using green,
sustainable, renewable energy production resources / facilities; and
WHEREAS, Silicon Ranch and the City of Clarksville, through CDE, desire to enter
into a long term contract for the purchase of wholesale electric power by CDE from Silicon
Ranch, using the solar power generating facility referred to herein; and
WHEREAS, the City Council finds that the best interests of the City would be served
by selling a portion of the City owned Exit 8 Athletic Complex property, being 142 acres +/-, to
Silicon Ranch for the purpose of Silicon Ranch to develop, construct, install, operate, maintain,
and manage a solar power generating facility to generate and sell electrical power to the City of
Clarksville, CDE.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CLARKSVILLE, TENNESSEE:
That the Clarksville City Council hereby authorizes the sale of a portion of City owned
property located near Exit 8 off of Interstate 24, known as the future Clarksville Athletic
Complex, being 142 acres +/-, and being more particularly described in the attached Option
Purchase agreement, upon the terms and conditions stated in the Option Purchase agreement,
attached hereto and incorporated herein, to include the stated purchase price of Three Million
and Four Hundred and Eighty Thousand Dollars and Zero Cents ($3,480,000.00).
REFERRED: April 1, 2021 to Finance Committee and
Parks & Recreation Committee
FIRST READING:
SECOND READING:
EFFECTIVE DATE:
LAND DESCRIPTION OF A PORTION OF THE
CITY OF CLARKSVILLE PROPERTY
Being a parcel of land in the 1st Civil District of Clarksville, Montgomery County,
Tennessee, said parcel being tax map 58 parcel 4.04 & 4.05, and tax map 57 parcel 21.00 said
parcel being the City of Clarksville Property as recorded in Volume (Vol.) 1821, page 338
Register’s Office Montgomery County, Tennessee (ROMCT), said parcel being generally
described as east of and adjacent to Interstate 24, south of Rossview Road, north of and
adjacent to the Red River in Clarksville, Tennessee, 37043, said parcel being more particularly
described as follows:
Beginning an iron pin (old), said pin being the northeast corner of the Batson
Development Company, Inc. Properties as recorded in Vol. 141, page 401 ROMCT, said pin
also being the southern property in of the John Mitchell property as described in Vol. 245, page
883, said pin being S 30° 17' W for a distance of 2,171 feet from the centerline intersection of
International Blvd and Rossview Road, said also being the northwestern corner of the herein
described parcel;
Thence, along said Mitchell property, S 81° 53' 05" E for a distance of 167.16 feet to a point on
a line;
Thence, leaving said Mitchell property and along a new property line, S 81° 53' 05" E for a
distance of 369.73 feet to a point on a line, said point being the western property line of the Exit
8 Properties property as described in ORV 1903, page 2070;
Thence, along said Exit 8 Properties property line for the next 3 calls, S 81° 49' 30" E for a
distance of 557.88 feet to an iron pin at the base of a 36” oak tree;
Thence, S 06° 55' 30" W for a distance of 780.38 feet to a point on a line;
Thence, S 83° 36' 47" E for a distance of 1271.13 feet to a point on a line, said point being the
western property line of the said City of Clarksville property;
Thence, leaving said Exit 8 Properties and along a new severance for the next 2 calls, S 08° 42'
48" W a distance of 447.31 feet to a point on a line;
Thence, S 81° 54' 58" E for a distance of 1670.21 feet to a point on a line, said point being the
western property line of the Moore Construction Company, Inc. property as described in ORV
1561, page 339, said point also being the north east corner of the herein described parcel;
Thence, along said Moore Construction Company, Inc. property for the next 3 calls, S 08° 05'
02" W for a distance of 655.23 feet to a point on a line;
Thence, S 09° 46' 20" W for a distance of 233.54 feet to a point on a line;
Thence, S 09° 46' 20" W for a distance of 1098.46 feet to an iron pin at a 30” sycamore tree,
said point being located along the red river, said point also being the south east corner of the
herein described parcel;
Thence, leaving said Moore Construction Company, Inc. property and along said red river for
the next 3 calls, S 85° 06' 26" W for a distance of 368.89 feet to a point on a line;
Thence, S 88° 26' 34" W for a distance of 349.60 feet to a point on a line;
Thence, S 73° 34' 09" W for a distance of 347.59 feet to a point on a line, said point being the
eastern right of way of Interstate 24, said point also being the south west corner of the herein
described parcel;
Thence, along said Interstate 24 right of way for the next 9 calls, N 23° 56' 10" W for a distance
of 579.62 feet to a concrete monument;
Thence, N 41° 47' 02" W for a distance of 225.56 feet to a point on a concrete monument;
Thence, N 32° 04' 17" W for a distance of 675.64 feet to a point on a concrete monument;
Thence, N 44° 49' 56" W for a distance of 496.19 feet to a point on a concrete monument;
Thence, N 43° 49' 15" W for a distance of 832.90 feet to a point on a concrete monument;
Thence, N 46° 09' 40" W for a distance of 698.68 feet to a point on a concrete monument;
Thence, N 29° 35' 56" W for a distance of 429.04 feet to a point on a concrete monument;
Thence, N 11° 24' 29" W for a distance of 244.31 feet to a point on a concrete monument;
Thence, N 26° 37' 46" W for a distance of 175.01 feet to an iron pin, said pin being the eastern
property line of the said Batson Development Company, Inc.;
Thence, leaving said Interstate 24 right of way and along said Batson Development Company,
Inc, N 06° 37' 28" E for a distance of 375.18 feet to the point of beginning, said parcel containing
6,186,810 Square Feet or 142.03 Acres, more or less.
Together with and subject to all right of ways, easements, restrictions, covenants and
conveyances of record and not of record.
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