(a) The system owner and operator shall, at their expense, complete decommissioning of the wind energy system, or individual wind turbines, within twelve (12) months after the end of the useful life of the system or individual wind turbines.
(b) The wind energy system or individual wind turbines will presume to be at the end of their useful life if no electricity is generated for a continuous period of twelve (12) months.
(c) Decommissioning shall include removal of wind turbines, buildings, cabling, electrical components, roads, foundations to a depth of thirty-six (36) inches, and any other associated systems.
(d) Disturbed earth shall be graded and re-seeded, unless the landowner requests in writing that the access roads or other land surface areas not be restored.
(e) An independent and certified Professional Engineer shall be retained by the system owner or operator to estimate the total cost of decommissioning ("Decommissioning Costs") without regard to the salvage value of the equipment, and the cost of decommissioning net salvage value of the equipment ("Net Decommission Costs"). Said estimates shall be submitted to the City after the first (1st) year of operation and every fifth (5th) year thereafter.
(f) The system owner or operator shall post and maintain Decommissioning Funds in an amount equal to Net Decommission Costs. The Decommissioning Funds shall be posted and maintained with a bonding company or Federal or State chartered lending institution chosen by the system owner or operator and participating landowner posting the financial security, provided that the bonding company or lending institution is authorized to conduct such business within the State and is approved by the City of Upper Sandusky.
(g) Decommissioning funds may be in the form of a performance bond, surety bond, letter of credit, corporate guarantee or other form of financial assurance as may be acceptable to the City.
(h) If the system owner or operator fails to complete decommissioning within the period prescribed by subsection (a) above, then the landowner shall have six (6) months to complete decommissioning.
(i) If neither the system owner or operator, nor landowner complete decommissioning within the period prescribed by subsection (a) and (h) above, then the City may take such measures as necessary to complete decommissioning. The entry into and submission of evidence of a Participating Landowner agreement to the City shall constitute agreement and consent of the parties to the agreement, their respective heirs, successors and assigns that the City may take such action as necessary to implement the decommissioning plan.
(j) The escrow agent shall release the Decommissioning Funds when the system owner or operator has demonstrated and the City concurs that decommissioning has been satisfactorily completed, or upon written approval of the City in order to implement the decommissioning plan.
(k) In the event that the amount of the bond is insufficient for decommissioning the City shall collect the difference from the system owner or operator or person(s) who have a vested interest in the property. (Ord. 208-12. Passed 9-8-15.)