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5.4. ERMUSR 03-14-20006
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5.4. ERMUSR 03-14-20006
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3/31/2009 2:09:37 PM
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City Government
type
ERMUSR
date
3/14/2006
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Year Gas Purchase Price Year Gas Purchase Price <br />2005 $0.40 2014 $0.50 <br />2006 $0.40 2015 $0.51 <br />2006 $0.45 at commercial operation of 4th Engine <br />2007 $0.45 2016 $0.52 <br />2008 $0.47 2017 $0.53 <br />2009 $0.47 2018 $0.54 <br />2010 $0.48 2019 $0.55 <br />2011 $0.48 2020 $0.56 <br />2012 $0.49 2021 $0.57 <br />2013 $0.49 2022 $0.57 <br />3. Additional Terms. Except as amended in the herein Amendment, <br />the parties hereby reaffirm the Original Landfill Gas Purchase Contract. <br />4. Contingency. The obligations, benefits and performance of this <br />Agreement are contingent upon (1) PURCHASER obtaining certification of the <br />Facility as a QF from FERC no later than May 31, 2006; and (2) PURCHASER <br />entering into a power purchase agreement with Great River Energy which is <br />approved by its Board of Directors, a Dual Percentage of its All-Requirements <br />Members, and the Rural Utilities Service. In the event the New Generator is <br />operational, but the contingencies in this Paragraph 4 have not been met, then <br />the parties agree that the gas purchase price for the New Generator shall be <br />$0.40. <br />[BALANCE OF PAGE INTENTIONALLY LEFT BLANK] <br />2 <br />
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