Orange County NC Website
Browse       Search
53 <br />Permits. The University shall use its best efforts to prevent damage to County property during <br />such equipment removal process, and shall reimburse the County for the reasonable costs of <br />repairing any damage to the Landfill or other County properly. <br />109. Pipeline. Following the expiration or termination of this Agreement, the <br />University shall remove any Landfill Gas from the Pipeline, cap the Pipeline, and take any other <br />actions relating to the closure of the Pipeline as may be required by applicable Laws and by any <br />applicable provisions of the Landfill Permits and LFG Project Permits. <br />~,, . <br />110. The Universit~s Option to Offer the _° LFG " oleection Stem for Sale to the <br />Coup If the University elects to offer for -~~a~'e;_ the linty all or any portion of the <br />~,,. <br />~..,~. <br />equipment comprising the LFG Collection System, it sh ~ ~~so;~lotify the County in writing within <br />~;~,4~ <br />~::Y . <br />,''y~~ ~~w't <br />~~ <br />thirty (30) days following any expiration or termination of thls~°~~~gceement. If the County elects <br />.f~.~-; <br />;~. -, <br />,~~;- <br />to purchase any such equipment, such purchase shall be on an "`~ S IS," "WHERE IS" AND <br />"WITH ALL FAULTS" l~""- +~Nbut free of any and all liens, for the Fair Market Value (defined <br />s'i ~~ <br />~,' <br />herein). If the Umv, rstdoes no ~~:inely notify the County of an election to offer for sale to the <br />~~~ <br />~~ a~~Gi y~o~tectier~ , -stem and the University fails to remove such <br />County all or any portion o <br />~,., ~~ <br />t f{ <br />equipment within one hundred e~gli :: ,days (180) days after the expiration or termination of this <br />A Bement, then any such equipme=#~ emaining on the County's property shall be deemed <br />~' ~ <br />abandoned. If such equipment is abandoned by the University after the County rejects the <br />University's offer of sale, then in the event the County subsequently makes productive use of <br />such equipment, or leases or sells such equipment, then the County shall pay the University the <br />Fair Market Value of such equipment. <br />111. Fair Market Value. In the event the University elects to offer for sale to the <br />County all or any portion of the equipment comprising the LFG Collection System upon the <br />30 <br />{00018638.DOC 16} <br />