Approve delegation of authority to the County Executive, or designee, to negotiate, execute, amend, or terminate sales contracts relating to selling the County's Renewable Energy Certificates at no cost to the County and contract terms that start no earlier than September 16, 2026 and end no later than September 15, 2031, following approval by County Counsel as to form and legality, and approval by the Office of the County Executive. Delegation of authority shall expire on September 15, 2031.

County of Santa Clara Facilities and Fleet Department 129883 DATE: September 15, 2026 TO: Board of Supervisors FROM: Jeffrey D Draper, Director, Facilities and Fleet SUBJECT: Delegation of Authority for Renewable Energy Certificate Sale Contracts RECOMMENDED ACTION Approve delegation of authority to the County Executive, or designee, to negotiate, execute, amend, or terminate sales contracts relating to selling the County's Renewable Energy Certificates at no cost to the County and contract terms that start no earlier than September 16, 2026 and end no later than September 15, 2031, following approval by County Counsel as to form and legality, and approval by the Office of the County Executive. Delegation of authority shall expire on September 15, 2031. FISCAL IMPLICATIONS There are no fiscal implications associated with the recommended action. If Renewable Energy Certificates (RECs) are sold during the delegation period, the proceeds, if any, will vary with market conditions, REC vintage, and timing of sale; therefore, revenues are indeterminate at this time. REASONS FOR RECOMMENDATION Over the last 16 years, the County has built one of the largest public sector portfolios of...