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Agenda - 02-03-2009 - 6b
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Agenda - 02-03-2009 - 6b
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3/21/2016 10:50:10 AM
Creation date
1/30/2009 3:34:02 PM
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BOCC
Date
2/3/2009
Meeting Type
Regular Meeting
Document Type
Agenda
Agenda Item
6b
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Minutes - 20090203
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\Board of County Commissioners\Minutes - Approved\2000's\2009
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• <br /> 39 <br /> Payment Date (as that term is defined in Article VIII hereunder); and (b) for any period during <br /> which the University operates the Gas Conversion System. <br /> 118. The University shall continuously monitor the LFG at Meter Points A and B, and <br /> such LFG will be measured, recorded, and totalized on an hourly, daily and monthly basis. The <br /> heating energy content of the LFG delivered to the Gas Conversion S -m shall be based on its <br /> measured monthly methane content at Meter Point A. The me a - •ntent shall be measured in <br /> scf/month and shall be equal to the product of(a) the perc me F volume, and (b) the <br /> LFG measured in scf/month at Meter Point A (the "Meter Point A Me Content"). For <br /> purposes of determining the Conversion Payment, the total monthly heating en, content of <br /> the LFG measured at Meter Point A (the "Conversion MMBTU HHV") shall be obtained by <br /> dividing the product of(a) the Meter P € ethane Content, and (b) 1,012, by 1,000,000. <br /> Expressed in a formula, the Conversion 11111 1 = = Meter Point A Methane Content x <br /> 1012_ 1,000,000. <br /> 119. For a given month during the T- •z:,of a's Agreement, the Conversion Payment <br /> shall be equal _ the product of (a) the Conver ion Percentage, as such percentage may be <br /> adj � accordance= I Subpart E of this Article VII, and (b) the product obtained by <br /> mul•pl << d .') the Conve `" MMBTU HHV for such month by (u) the lesser of the BTU <br /> Equivalent P the Adj BTU Equivalent Price. Expressed in a formula, the County's <br /> monthly Conversio• _ it= (.166) x (Conversion MMBTU HHV) x BTU Equivalent Price <br /> or Adjusted BTU Eq valent Price, whichever is less. A sample calculation of the Conversion <br /> Payment is shown in Exhibit F. <br /> 120. The Parties recognize that the regulations, policies and procedures governing <br /> reductions in GHG emissions and associated markets for Environmental Benefits, including <br /> 34 <br /> (00018638.DOC 21) <br />
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