Agenda - 12-01-2008 - 3c - Laserfiche WebLink

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27 miles to the west of the Highway 86 exit from Interstate 40, and approximately five (5) miles north of Chapel Hill, at 1514 Eubanks Road, Chapel Hill, North Carolina, which consists of two land disposal areas, a "North" closed unit comprising about fifty (50) acres (the `North Landfill"), and a "South" operating unit comprising approximately twenty-five (25) acres and operated in four phases (the "South Landfill"). The South Landfill is currently operating in Phase 4 and is expected to reach capacity in the Spring of 201 l; WSEEREAS, waste acceptance records indicate that the North Landfill received about 1.2 million tons of waste during its operating the South Landfill is approximately 920,000 tons; ~"`~~'r~ A W.~ItEAS, Landfill Gas (as defined below), dioxide, nitrogen and traces of other constituent gases, is decomposition of waste in the Landfill; to June 1995. The capacity of principally of. methane, carbon as a by-product of the ~~: . AREAS, sub'•-cf=a~ terms and conditions set forth in this Agreement, e ounty ~; u t i? ~, 55 C 2 desires to grant to ~he~i ~nlverslty t~e exclusive right to design, develop, install and operate the LFG Project (as defined b y~~ to pr ~~t~er-landfill gas (and in particular, methane) and to ~~r~% '7„=.O.Y convert LFG into one or more ~'`, .- y of energy, thereby reducing associated greenhouse gas ~~:~ f~k emissions from the Landfill, while at~he same time generating power from a renewable energy source; WHEREAS, subject to the terms and conditions set forth in this Agreement, the University desires to have the exclusive right to design, develop, install, and operate the LFG Project, and to collect, extract, and remove LFG from the Landfill, and either to destroy such gas or to convert all or any portion of it into energy to supply part of the University's energy needs at its Carolina North Campus, or for any other lawful purpose; and 4 {00018638.DOC 16}