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2017-106
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Last modified
7/21/2017 11:35:22 AM
Creation date
7/21/2017 11:33:38 AM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
07/18/2017
Control Number
2017-106
Agenda Item Number
15.B.4.
Entity Name
INEOS New Planet BioEnergy LLC
Subject
Termination of Feedstock Supply Agreement
Termination of Landfill Gas Interconnect Agreement
Area
Indian River County Landfill
Alternate Name
SWDD
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distributed to the Parties by the Termination Date, for which the Parties believe <br />compensation could he received, the provisions of the (:Credit Provisions shall cont <br />effect until December 31, 2017and then shall also terminate. <br />5. Landfill Gas Assets and Easements. The Parties acknowledge that all of <br />the Company's LFG Assets have been removed from the District's property except for <br />the pipeline connecting the Delivery Point to the Company's property that remains in the <br />ground, and that there remains in existence the grants of easements provided in Section <br />4.1 of the LFGA and more specifically evidenced by Exhibits B-1 (for LFG Equipment <br />and Pipeline) and B-2 (for Ingress and Egress to the assets) attached hereto (hereafter the <br />"Easements"). The Parties agree to allow these Easements to continue in existence for <br />possible use in the future by a potential successor in title to the Company's original <br />Facility Site (as defined in the FSA before amendments). Company agrees that prior to <br />the conveyance of the original facility Site as defined in the FSA the Company shall <br />confer with the District to determine if the District desires to allow the Easements to be <br />transferred to the Company's successor in title or if the District prefers the Easements be <br />released. In the event the District requests the Easements be released the Company shall <br />forthwith execute a Quit Claim instrument releasing all right, title and interest of the <br />Company in the Easements to the District. <br />6. Final Payment for Processing. In accordance with the provisions of the <br />Ninth Amendment to the FSA, Section 4, the Company is continuing to receive and <br />Process Vegetative Waste until March 31, 2017 and billing the District on a monthly <br />basis, and the District is paying the Processing Fee to the Company. Within five calendar <br />days of the Termination Date the Company shall provide to the District the Company's <br />final invoice for any and all remaining unpaid Processing Fees through March 31, 2017. <br />Upon receipt of the Company's final invoice, the District may verify any of the <br />information contained therein. The District shall pay all undisputed amounts in <br />compliance with the Local Government Prompt Payment Act, Sections 218.70 et seq., <br />Florida Statutes. If the District disagrees with any amounts, calculations, or other <br />information set forth in the Company's final invoice, the District shall notify the <br />Company of the dispute in accordance with the Local Government Prompt Payment Act <br />and the Parties shall immediately attempt to resolve their dispute in accordance with <br />Section 8.1 of the FSA. Section 8.1 of the FSA shall survive the termination of the FSA <br />and shall be incorporated herein by reference. <br />7. Termination of FSA and LFGA. The Parties acknowledge and agree <br />that except as otherwise specifically set out in this Agreement there are no remaining <br />obligations or duties to be performed by either Party, and there are no outstanding claims, <br />either known or that should be known by reasonable due diligence, of either Party against <br />the other Party that have not been satisfied or resolved. Except as specifically provided or <br />reserved in this Agreement, all provisions, rights, interests, duties, and/or obligations of <br />3 <br />
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