Orange County NC Website
102 <br /> any Environmental Benefits resulting from the destruction of the LFG, including those benefits <br /> associated with reducing greenhouse gas emissions or producing renewable energy. <br /> 113. 114.The University will make monthly cash payments to the County based on the <br /> heating energy content of the LFG delivered to the University in the preceding calendar month,as <br /> determined in accordance with Subparts C and D of this Article VII. <br /> C. Payment for Gas Flared <br /> 114k 1-15T-Each month during the Term of this Agreement, the University shall make <br /> payments to the County based on the heating energy content of the LFG that is delivered to the <br /> LFG flare (the "Flare Payment") (a) commencing upon the Flare Payment Date (as that term is <br /> defined in Article VIII hereunder)and continuing to the Conversion Payment Date(as that term is <br /> defined in Article VIII hereunder); and (b) for any period after the Conversion Payment Date <br /> during which the University operates the flare. <br /> 111 116,The University shall continuously monitor the LFG at Meter Points A and B, <br /> and such LFG will be measured, recorded, and totalized on an hourly, daily and monthly basis. • <br /> The heating energy content of the LFG delivered to the flare shall be based on its measured <br /> monthly methane content at Meter Point B. The methane content shall be measured in scf/month <br /> and shall be equal to the product of(a)the percent methane by volume,and(b)the LFG measured <br /> in scf/month at Meter Point B (the "Meter Point B Methane Content"). For purposes of <br /> determining the Flare Payment,the total monthly heating energy content of the LFG measured at <br /> Meter Point B (the "Flare MMBTU HHV") shall be obtained by dividing the product of(a) the <br /> Meter Point B Methane Content, and(b) 1,012, by 1,000,000. Expressed in a formula, the Flare <br /> MMBTU HEW=Meter Point B Methane Content x 1012_ 1,000,000. <br /> 116. 11-1-For a given month during the Term of this Agreement,the Flare Payment shall <br /> be equal to the Flare Percentage,as such percentage may be adjusted in accordance with Subpart E <br /> {00022477.DOC} <br />