Board of Supervisors - Resolutions

Supervisors FAGAN and ARGOTSINGER offered the following Resolution and moved its adoption:

 

RESOLUTION AUTHORIZING A CONTRACT BETWEEN THE SOLID WASTE DEPARTMENT AND ELEMENT MARKET EMISSIONS, LLC., FOR THE SALE OF CARBON CREDITS

 

WHEREAS, Resolution 296 of 2019 authorized a contract with Environment Attribute Advisors (EAA), to market Fulton County Landfill gas-to-energy plant carbon credits; and

WHEREAS, Environment Attribute Advisors marketing efforts have identified purchaser Element Markets Emissions, Houston, Texas; said firm having proposed to enter a purchase agreement for County carbon credits related to the period July 1, 2020 through December 31, 2021; now, therefore be it

RESOLVED, That upon the recommendation of the Solid Waste Director and Committees on Public Works and Finance, the Chairman of the Board be and hereby is authorized to sign a contract between the Solid Waste Department and Element Markets Emissions, Houston, Texas, for the sale of projected Fulton County landfill gas-to-energy plant carbon credits for an estimated total price of $195,000.00 payable to the County, as follows:

 

Voluntary Carbon Units (VCU) Price Per VCU

2020 (6 months) 10,000 $6.50

2021 20,000 $6.50

 

and, be it further

RESOLVED, That said contract is contingent upon approval by the County’s Special Legal Counsel for environmental issues; and, be it further

RESOLVED, That certified copies of this Resolution be forwarded to the County Treasurer, Solid Waste Director, Environment Attribute Advisors, Element Markets Emissions, Mannix, Schachner and Hafner, Budget Director/County Auditor and Administrative Officer/Clerk of the Board.

 

 

 

 

 

Seconded by Supervisor YOUNG and adopted by the following vote:

TOTAL: Ayes: 18 Nays: 0 Absent: 2 (Supervisors Goderie and Potter)