Montour County

"(c) To the extent possible the materials shall be re-sold or salvaged. Materials that cannot be re-sold or salvaged shall be disposed of at facility authorized to dispose of such materials by federal or state law." "(h) At the time of issuance of SALDO approval for the construction of the SEF, the owner shall provide financial security in the form and amount acceptable to the County and in favor of the County, to secure its obligations under this Section. i. The SEF Developer shall, at the time of the SALDO application, provide the County with an estimate of the cost of performing the decommissioning activities required herein. The Solar Project Owner shall provide financial security of 110% of the estimated cost of decommissioning. The estimate may include an estimated salvage and resale value, discounted by a factor of 10%. The decommissioning cost estimate formula shall be: Gross Cost of Decommissioning Activities minus 90% credit of Salvage and resale value equals the decommissioning cost estimate. ii. On every 5th anniversary of the date of providing the decommissioning financial security the SEF Owner shal! provide an updated decommission cost estimate, utilized the formula set forth above with adjustments for inflation and cost and value changes. If the decommissioning security amount increases, the SEF Owner shall remit the increased financial security to the County within 30 days of the approval of the updated decommissioning security estimate by the County. If the decommissioning security amount decreases by greater than 10%, the County Owner shall release from security any amounts held in excess of 110% of the updated decommission cost estimate. iii. Decommissioning security estimates shall be subject to review and approval by the County and the SEF Developer/Owner shall be responsible for administrative, legal, and engineering costs incurred by the County for such review. iv. The decommissioning security may be in the form of cash deposit, surety bond, irrevocable letter of credit, cashier's check, or escrow account from a federal or Commonwealth chartered lending institutions in the amount of 110% of the total proposed decommission cost estimatemand in a form satisfactory to the Commission and the County Solicitor. v. Prior to final approval of any SALDO plans for a SEF, the SEF Developer shail enter into a Decommissioning Agreement with the County outlining the responsibility of the parties under this Agreement as to the Decommissioning of the SEF."