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2021-078A
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Last modified
6/28/2021 9:56:07 AM
Creation date
6/24/2021 11:17:59 AM
Metadata
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Template:
Official Documents
Official Document Type
Amendment
Approved Date
05/18/2021
Control Number
2021-078A
Agenda Item Number
15.B.2.
Entity Name
Indian River Eco District, LLC
Subject
Amendment No. 2 to Landfill Gas Agreement
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is reached on the scope and terms of a Commercial and Environmental Improvement <br />project, the Company shall confirm the Parties' agreement by issuing a notice to <br />District including the terms of the agreement of the Parties as to the Commercial and <br />Environmental Improvement, and the Parties' proposed respective responsibilities for <br />such improvement, which notice shall be subject to District's written acknowledgment. <br />As of District's confirmation of the notice provided by Company, Company shall be <br />obligated to pay for the cost of the Commercial and Environmental Improvement as <br />reflected in the Notice. The District may elect to jointly fund some or all of the agreed <br />Commercial and Environmental Improvement up to the amount agreed to be paid by <br />the Company, but shall have no obligation to do so. Unless otherwise agreed, title to, <br />and ownership_ of, the Commercial and Environmental Improvements shall be vested <br />in District, and the parties shall execute such documentation as required to evidence <br />the respective ownership of such Commercial and Environmental Improvement. <br />ARTICLE 4 - LFG GENERAL PROVISIONS <br />Article 4 is amended to add new Sections 4.7 and 4.8 as follows: <br />4.7. Gas Targets Expenditure Fund. <br />A. Each year, the District may request that the Board of County Commissioners fund <br />immediate repairs or improvements to specific parts of the District's LFG Assets <br />identified by Company for inhibiting the quality or the flowrates of the LFG and <br />emergency repairs from time to time as agreed by District ("Gas Targets Expenditure <br />Fund"). <br />B. If approved, the Company shall match 100% of the Gas Targets Expenditure Fund up <br />to $125,000 as a reimbursement grant and provide proof of such matching funding in <br />writing within 30 days. <br />C. If Company identifies repairs or improvements to the District's LFG Assets that require <br />immediate attention, Company shall notify District in writing of the required repairs <br />and improvements, with supporting documentation. The Parties shall meet within ten <br />(10) days following delivery of such notice to agree on any repairs to be made to the <br />District's LFG Assets and the costs of such repairs. Once such expenditures are agreed, <br />the District shall proceed with the design and, if necessary, bidding and procurement <br />services to engage by contract a third party contractor to begin the corrective work in <br />accordance with the County Purchasing Manual. The costs of such work shall be billed <br />to and timely paid by the District. The Company shall reimburse the District 50% of <br />the invoice paid by the District to the third party contractor. <br />D. Expenditures from the Gas Targets Expenditure Fund shall be described in the Monthly <br />LFG Statement and shall contain a description of the repair or maintenance work <br />performed, or capital improvements made, and the cost of such work incurred in such <br />month. <br />E. In no event shall either Party be responsible for funding such repairs or improvements <br />directly in an amount that is in excess of fifty percent (50%) of the then current amount <br />required to be in its Gas Targets Expenditure Fund. The aggregate amounts credited to <br />the Gas Targets Expenditure Fund of both Parties shall not be required to exceed two <br />hundred fifty thousand dollars ($250,000) in any year. <br />F. Notwithstanding the above, Company's obligation to make payments into the Gas <br />4 <br />Landfill Gas Agreement, Amendment No. 2. <br />
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