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2021-078A
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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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terminate and neither Party shall have any further rights, obligations or liabilities <br />hereunder. <br />A. Delay in Meeting Milestones. If milestone listed in Section 2.1- are not met by <br />Company, then Company shall pay District as follows: <br />i. $5,000 per month for the first milestone not achieved (prorated for a partial <br />month) until milestone is achieved. <br />ii. $5,000 per month for the 2nd milestone not achieved (prorated for a partial <br />month) until milestone is achieved. <br />iii. Options that the Parties may consider for the 3`d milestone not achieved are <br />limited to 1) $10,000 per month or 2) termination of this Agreement. <br />B. Milestone Pam. The total amount of remedies are payable from Company to <br />District within the first ninety (90) days after commencent of commercial operations. <br />All other sections and contents of the Agreement shall remain the same. <br />[Remainder of Page Intentionally Left Blank] <br />,l <br />7 <br />Landfill Gas Agreement, Amendment No. 2. <br />
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