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2022-269
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Last modified
1/5/2023 2:23:32 PM
Creation date
1/5/2023 2:22:41 PM
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Template:
Official Documents
Official Document Type
Amendment
Approved Date
12/20/2022
Control Number
2022-269
Agenda Item Number
15.B.5.
Entity Name
Nopetro Eco District, LLC
Subject
Amendment No. 3 to Landfill Gas Agreement
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Gross Receipts — means the gross receipts received by the Company or its subsidiaries <br />during the Term from the sale of RNG from the Facility, including any and all <br />Environmental Attributes net of any direct or indirect operating costs incurred in the <br />ordinary course of business including but not limited to plant utility costs, consumables, <br />debt service, regulatory compliance, brokerage fees, transportation costs and sales taxes by <br />the Company and its subsidiaries in connection with the RNG facility. <br />Renewable Identification Numbers (BINS) — means the credits that are used for compliance, <br />and are the "currency" of the Renewable Fuel Standard program. <br />Unacceptable LFG — means landfill gas not meeting the quality parameters for methane, <br />nitrogen, oxygen and sulfur as set forth in Schedule 1 hereto. <br />ARTICLE 2 — TERM, RENEWAL AND MILESTONES <br />Section 2.1 is amended to read as follows (other clauses not referenced below will stay as <br />written): <br />2.1. This Agreement shall take effect on the Effective Date and continue for a period of <br />twenty (20) years following the LFG Commencement Date (the "Initial Term"), <br />unless terminated earlier or extended as provided herein. The Parties have agreed <br />upon a LFG Commencement Date of June 30, 2024, unless extended as provided <br />herein (the "LFG Commencement Date"). <br />If the LFG Commencement Date has not occured by June 30, 2024 (subject to <br />extension by Force Majeure), Section 13.1 shall apply. <br />Company shall meet the following milestones as a demonstration of their progress <br />toward LFG Commencement Date: <br />a) Contracts for the purchase of the following equipment: PSA System to <br />include the gas conditioning system and nitrogen rejection unit. Company <br />shall provide proof of these signed contracts to the District by June 30, 2023. <br />b) Air Permit, Site Plan, and Building Permit Applications submittal to <br />Regulatory reviewers by December 31, 2023. <br />c) Groundbreaking for foundations shall occur by December 31, 2023. <br />The above milestones shall be extended for any delays caused solely by the District <br />in achieving such milestone acknowledged in writing by the District or by an event <br />of Force Majeure, but only to the extent of and for the duration of any such delay. <br />ARTICLE 3 — THE PARTIES' LFG FACILITIES <br />Section 3.1 is amended to read as follows (other clauses not referenced below will stay as written): <br />3.1. District Responsibilities and Obligations. <br />J. The District will accept only up to a 1,000 gallons per day of Condensate <br />generated by the Company LFG Assets. <br />Amendment No. 3 to LFG Agreement Page 2 of 9 <br />
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