HomeMy WebLinkAboutBELLA ENERGY INC - CONTRACT - AGREEMENT MISC - BELLA ENERGY INCFIRST AMENDMENT TO
POWER PURCHASE AGREEMENT
BETWEEN BELLA ENERGY INC. AND
FORT COLLINS UTILITIES
City of Fort Collins, Colorado (“Utilities”), a Colorado municipal corporation with
its principal place of business in Fort Collins, CO, and BELLA ENERGY INC. (“Seller”),
a Colorado corporation with its principal place of business in Louisville, CO, hereby
enter into this First Amendment (“Amendment”) to the February 24, 2015 Power
Purchase Agreement between the parties (“Agreement”), effective this 18th day of May,
2015. Seller and UTILITIES are sometimes referred to in this Amendment jointly as
“Parties” or individually as “Party”.
This Amendment only modifies the Agreement as stated herein. All other terms and
conditions of the Agreement remain in effect. The modifications are:
1. Paragraph 9.1.4 shall be revised to read:
If less than a full project development period (six months for SP3 Class I
systems, 12 months for SP3 Class II systems based on the date of notification of
an SP3 Energy Allocation) is available prior to June 30, 2015, Owner will not be
in default of this Agreement so long as Commercial Operation as defined in this
Agreement is achieved by the earlier of twelve (12) months from the date of the
Energy Allocation notice or November 30, 2015.
IN WITNESS WHEREOF, each Party has caused this Amendment to be duly
executed by its authorized representative as provided below. This Amendment will
lapse without force if not signed by both parties by May 31
th
, 2015.
UTILITIES:
CITY OF FORT COLLINS, COLORADO
A Colorado municipal corporation
By:_________________________
Gerry S. Paul
Purchasing Director
SELLER:
BELLA ENERGY INC.
By:_________________________
Jim Welch
CEO
DocuSign Envelope ID: 9857A6B4-5BA2-4806-B103-FAEE96379BF4