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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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43 <br /> Percentage for such month shall be made: The Conversion Percentage shall be <br /> increased or decreased by 1.12% for each whole dollar (rounded down to the <br /> nearest whole dollar)that the Average Allowance Market Price for such month is <br /> either above (for increases) or below(for decreases) the Forecasted Carbon Price <br /> for such month;provided, however that the Conversion Percentage for any month <br /> shall not be adjusted in a manner that results in the adjusted Conversion <br /> Percentage equaling a percentage greater than 26.68% or less than 6.52%. For <br /> purposes of calculating adjustments r h Paragraph 122, the Conversion <br /> Percentage shall reset each mon ++ + an. -tenths percent (16.6%). For <br /> the avoidance of ambiguity and by wa example only, if the Conversion <br /> Percentage is adjusted in January 2015 fro++ ._ and six-tenths percent <br /> (16.6%) to fourteen percent (14.0%), the Conve on Percentage shall reset to <br /> sixteen ;-nths percent (16.6%) for purposes of calculating any <br /> adj ..E to the � +version Percentage for the month of February 2015. <br /> e. The Universi • z re y adjustments to the Flare and Conversion <br /> Percentages made this Paragraph 122, including the underlying <br /> calculations, in the monthly Billing Statement for such month issued to the <br /> County under Paragraph 127 hereunder. A sample calculation is provided in <br /> Exhibit G. <br /> 123. GWP Adjustment. The commercial terms set forth in this Agreement assume a <br /> Global Warming Potential(GWP) for methane of twenty-one(21)to calculate the Environmental <br /> Benefits that will result from the LFG Project's destruction of methane. Payments to the County <br /> 38 <br /> {00018638.DOC 21) <br />
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