Resolution No. 518

 

Supervisors ARGOTSINGER offered the following Resolution and moved its adoption:

RESOLUTION AUTHORIZING A CONTRACT BETWEEN THE SOLID WASTE DEPARTMENT AND STX GROUP 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 STX Group of New York, New York, said firm having proposed to enter a purchase agreement for County carbon credits related to the period January 1, 2017 through December 31, 2018 with potential options for 2019 and 2020; now, therefore be it

RESOLVED, That upon the recommendation of the Solid Waste Director and Committee on Finance, the Chairman of the Board be and hereby is authorized to sign a contract between the Solid Waste Department and STX Group of New York, New York, for the sale of projected Fulton County landfill gas-to-energy plant carbon credits, as follows:

                       

            Voluntary Carbon Units (VCU)                     Price Per VCU                                   

 

2017                       Unlimited                         $2.25                                     

 

2018                       Unlimited                         $2.25                                     

 

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, STX Group, Miller, Mannix, Schachner and Hafner, Budget Director/County Auditor and Administrative Officer/Clerk of the Board.

 

Seconded by Supervisor BLACKMON and adopted by the following vote:

TOTAL:  Ayes: 19   Nays: 0   Absent: 1 (Supervisor Waldron)