My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Item 16 - Amend Agreements for Renewable Natural Gas Fueling Station
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2022
>
12/20/2022 Special & Regular
>
Item 16 - Amend Agreements for Renewable Natural Gas Fueling Station
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/11/2023 3:53:07 PM
Creation date
8/11/2023 3:52:49 PM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
16
Date
12/20/2022
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
70
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br /> <br /> <br />OPAL Fuels Station Services LLC, f/k/a TruStar Energy LLC – One North Lexington Avenue, White Plains, NY 10601• www.opalfuels.com <br /> White Plains, NY 10601 <br /> www.opalfuels.com <br /> <br />Attn: Juan Reina <br />Phone: 914-421-4900 <br />Email: noticeofficer@opalfuels.com and jreina@opalfuels.com <br /> <br /> <br />Dispenser Share: <br />• $0.67 which includes RIN & LCFS credit values <br /> <br />For purposes of calculating the Dispenser Share, the RNG Contract Quantity shall be measured each month <br />and aggregated over the course of each calendar year of the Delivery Period (each, an “Annual Period”) of <br />this Transaction Confirmation, commencing on the Start Date. Supplier shall pay the Dispenser Share to the <br />Dispenser no later than one hundred and twenty (120) days from the end of the applicable calendar quarter <br />during which the RNG was dispensed by Dispenser at the Station. <br /> <br />1 For avoidance of doubt, Supplier shall provide Dispenser with LCFS Credit Value that is the equivalent of <br />what Dispenser would have received had such LCFS Credits been generated in respect of RNG having a CI <br />Score of -200. <br /> <br /> <br />___________________________ <br /> <br /> <br />RNG Contract Quantity: <br />Supplier shall supply 100% of the actual volume dispensed at the Station (“Minimum Volume <br />Amount”). The Station is projected to dispense 9,872 MMBtu or approximately 77,000.00 GGE <br />annually. The RNG Contract Quantity shall be measured on a pro-rata basis monthly for purposes of <br />determining compliance with this Transaction Confirmation. <br />In the event that Supplier fails to supply the Station with RNG at the applicable Minimum Volume <br />Amount, Supplier hereby guarantees payment to Dispenser of the Dispenser Share with respect to the <br />shortfall, i.e., the difference between (i) the amount of RNG supplied by Supplier for the period, and (ii) <br />Minimum Volume Amount. <br />Dispenser shall advise Supplier promptly of any material changes in business conditions that could result in <br />more than a twenty percent (20%) change in the RNG Contract Quantity on an annual basis. No later than <br />sixty (60) days prior to each annual anniversary date of this Transaction Confirmation, Dispenser and <br />Supplier shall adjust estimates for the aggregate RNG Contract Quantity for the upcoming year which shall <br />be equal to the actual volume dispensed for the immediately preceding year. <br />Delivery Period: <br />Start Date: January 1, 2023 <br />End Date: September 30, 2032 <br />List of Station(s): <br />215 South Center Street Santa Ana, CA 92704 <br /> <br />Meter No. and Gas Utilities Serving the Stations to be provided by Dispenser prior to start date and <br />incorporated into this TC No. 1 by Supplier: <br />Additional Conditions: <br />None.
The URL can be used to link to this page
Your browser does not support the video tag.