Agenda

Semi-Monthly Meeting — Full Council — Tuesday, July 28, 2020; 6:00 p.m.
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Approval of the minutes of the previous meeting -- Tuesday, June 23, 2020

Subcommittee Reports

Staff Reports

Discussion and action on substitution of Letter of Credit for Commercial Lease of Submerged Lands for Renewable Energy Development at Block Island Wind Farm:

On November 12, 2014, Deepwater Wind Block Island, LLC (now Ørsted) entered into a Commercial Lease of Submerged Lands for Renewable Energy Development with the R.I. Coastal Resources Management Council (“CRMC”). The Commercial Lease requires Ørsted to provide financial assurance to CRMC in the form of a Letter of Credit. The action requested here is for Ørsted to exercise its right to substitute the issuer of the Letter of Credit in conformance with the terms of the Commercial Lease. Specifically, Ørsted seeks to substitute the current provider of credit support, Sumitomo Mitsui Banking Corporation (“SMBC”), with another provider of credit support, Skandinaviska Enskilda Banken, Danmark (“SEB”). All other terms of the Letter of Credit are to remain the same.

APPLICATIONS WHICH HAVE BEEN OUT-TO-NOTICE AND ARE BEFORE THE FULL COUNCIL FOR DECISION:

2019-11-082 EAST BEACH FARMS, LLC – Seeking approval to add 2.6 acres to existing oyster aquaculture site 2009-07-028. Grow out methods will be the same as on the existing site: wire trays on the bottom and wire cages on the bottom. Located in Ninigret Pond, Charlestown, RI.

2019-11-010 GRAHAM WATSON – Seeking approval for a six acre shellfish and kelp aquaculture farm using floating gear, suspended longlines, bottom cages, and bottom planting. Located in Narragansett Bay at Rome Point, North Kingstown, RI.

2014-04-106 DIANE FRANFORD – JOHNATHAN ISLAND OYSTER CO, LLC -- Modify aquaculture lease to use floating aquaculture gear at their current site west of Jonathan Island, Point Judith Pond, Narragansett, RI.

2019-05-061 JOSEPH T. MACANDREW – Seeking approval for a ten acre seasonal (November 1 through April 30) sugar kelp farm in Block Island Sound south of Napatree Point in Block Island Sound of Westerly, RI.

 

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