Pleasant Obligation to Undertake and Fund 2018 Major Capacity Project Sample Clauses

Pleasant Obligation to Undertake and Fund 2018 Major Capacity Project. Mt. Pleasant shall undertake and fund the Major Capacity Project generally described on Attachment 1 attached hereto (the "2018 Major Capacity Project"), which 2018 Major Capacity Project shall include, but not be limited to, installing new sanitary sewer pipes and a lift station and re-routing the flow of wastewater from the Caledonia Conveyance System to accommodate the transport of an ultimate peak flow of an estimated 12 million gallons per day of wastewater from the Caledonia Service Area through a new interceptor to become a part of the Mt. Pleasant System. Such 2018 Major Capacity Project is estimated to cost a total of approximately $72,263,000 (of which Caledonia's pro rata share is estimated to be approximately $26,600,000) and to be completed as needed. Caledonia shall be allowed to connect its Caledonia Conveyance System to the new interceptor at the same time that Mt. Pleasant connects Mt. Pleasant's conveyance system to the new interceptor. Upon Caledonia's connection to the new interceptor, the Agreement shall no longer apply to the currently shared use of Mt. Pleasant's southerly sanitary sewer conveyance system, with such shared use of the said southerly system being cancelled, terminated and removed from the Agreement, and this Amendment shall instead apply to the shared use by Caledonia and Mt. Pleasant of the new interceptor, with all of its original terms continuing in effect, except as may be removed or modified by this Amendment.
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