Laserfiche WebLink
NOPEC, Inc. <br />NOPEC ENERGIZED COMMUNITY GRANT <br />GRANT AGREEMENT <br />This Grant Agreement (the "Agreement") is made and entered into by and between <br />NOPEC, Inc. ("NOPEC"), and , County, Ohio ("Grantee"; <br />NOPEC and Grantee, the "Parties") regarding a grant by NOPEC to Grantee to be used primarily <br />for energy efficiency or energy infrastructure projects in accordance with NOPEC Energized <br />Community Grant criteria, guidelines and requirements ("NOPEC Policy"). <br />NOW, THEREFORE, in consideration of the foregoing and the mutual promises and <br />covenants hereinafter set forth, the Parties hereby agree as follows: <br />1. Grant of Funds. NOPEC hereby grants a NOPEC Energized Community Grant <br />("NEC Grant") to Grantee in the amount calculated by NOPEC based on the number of natural <br />gas and/or electric accounts served by NOPEC in Grantee in accordance with NOPEC Policy in <br />the amount determined by NOPEC ("Funds"), for the purposes set forth in Grantee's Grant <br />Application, as amended, and incorporated by reference into this Agreement for the Project(s) <br />described on Schedule(s) to this Agreement. <br />2. Use of Funds. Grantee shall use the Funds granted by NOPEC for the Project(s) <br />approved by NOPEC. Funds shall be paid in accordance with NOPEC Policy. NEC Grant <br />disbursements shall be accompanied by a completed Disbursement Request Form with the <br />expenditures supported by contracts, invoices, vouchers, and other data as appropriate as <br />supporting documents. Funds not used in the year they are granted to Grantee may be escrowed <br />and carried forward for up to two (2) years from NOPEC grant approval. If Grantee does not <br />expend the Funds for the Project(s) approved by NOPEC within three (3) years of NOPEC's <br />approval, Grantee shall forfeit any unused Funds. <br />3. Accounting of Funds. Grantee shall keep all Funds and make all disbursements <br />and expenditures consistent with the manner in which all public funds are kept by Grantee in <br />accordance with applicable law. <br />4. Term. The Parties agree that this Agreement shall begin on January 1, 2018, and <br />shall expire on December 31, 2018, and shall be automatically renewed annually unless NOPEC <br />discontinues the NEC Grant program for any subsequent year or Grantee is no longer a NOPEC <br />member in good standing, as defined herein. <br />5. Renewable Energy Credits. Grantee shall be entitled to claim Renewable Energy <br />Credits, carbon credits, or NOx allowances and/or allowances arising under other trading programs <br />that may be established in the future for the Project(s). NOPEC reserves the right to claim/apply <br />for such allowances if Grantee does not claim such allowances or this Agreement terminates. <br />Grantee must notify NOPEC if Grantee does not wish to trade or sell any such credits or assets. <br />6. Records, Access and Maintenance. Grantee shall establish and maintain all <br />records associated with the Funds in accordance with the Ohio Public Records Act and shall <br />promptly make available to NOPEC all of its records with respect to matters covered by this <br />121669750 <br />