Orange County NC Website
Flare Percentage shall be adjusted to equal ten and ninety-five one-hundredths percent (10.95%) <br />for the purpose of calculating any Flare Payment under this Agreement a11d shall remain at such <br />percentage until the occurrence of the Engine Start-up Date or five (5) years after the Effective <br />Date, whichever occurs sooner. If the Engine Start-up Date does not occur within five (5) years <br />after the Effective Date, the Flare Percentage shall be adjusted to equal sixteen and six-tenths <br />percent (16.6%) for the purpose of calculating any Flare Payment under this Agreement and shall <br />remain at such percentage until the occurrence of the Engine Start-up Date. Colnlnencing thirty <br />(30) days after the Effective Date of this Agreement, the University shall hold monthly progress <br />meetings to discuss progress toward achieving these completion dates including the status of the <br />construction of the components of the LFG Project. The University shall invite representatives <br />of the County to attend such progress meetings and the University shall pr-ovide the County with <br />reasonable advance written notice of the location and time of such meetings. The University <br />shall distribute meeting minutes to the County following such progress meetings regardless of <br />the County's attendance at such meetings. <br />ARTICLE IV <br />REPRESENTATIONS OF TIIE PARTIES <br />A. The University's Representations <br />83. The University represents and wai7•ants that, in entering into this Agreement, it <br />has relied upon its own estimates of Landfill Gas volumes, based upon publicly available waste <br />disposal records and standard modelii7g assumptions and projections. The University further <br />represents that it has not relied upon Landfill Gas generation reports, drawings, and analyses <br />provided by the County or its consultant as an inclucenzent for entering into this Agreement. The <br />County shall promptly inform the University, however, of any e17•ors, miscalculations, or <br />22 <br />