Additional Electrical System Improvements Sample Clauses

Additional Electrical System Improvements. With respect to the electrical system required for the development of Zoning Parcels E, F, G and H (or in order to exceed the 6 MW usage on Parcels A, B, C and D), Owner and City agree as follows: (1) Owner shall pay for all costs to extend and energize the 34 Kv line from the ▇▇▇▇▇ Street substation to the new substation to be located on the northerly one-hundred (100‟) feet of Zoning Parcel E, or at such other location as is mutually agreed to between the Parties. (2) Owner shall pay for all costs to construct a new 10 MW substation within Zoning Parcel E, and shall designate, subject to the City‟s approval, a three-quarter (3/4) acre site for the substation. City shall have the option to require Owner to increase the electrical power capacity (incremental cost increase of larger transformer) of the substation to 20 MW at the time of construction, at City‟s expense. In the event City does not require an increase at the time of initial construction, City shall be solely responsible for any costs associated with an increase in size at a later date. (3) Owner shall pay up to $3 million (subject to annual adjustment pursuant to the then current Construction Cost Index (CCI) for the smallest geographic area encompassing Batavia) toward completion of a 34 Kv loop from the new substation to an existing City substation east of the Fox River. City shall be responsible for all costs in excess of $3 million.