New Haven, Global Terminals ink environmental benefits deal

$50,000 initial payment; $40,000 annually with 2.5% annual cost escalator after year 2

OTHER

Annual payments for each year Tank 123 remains primarily in gasoline service; initial payment at least 15 days prior to loading gasoline into Tank 123

Annual contributions continue for each year Tank 123 remains primarily in gasoline service, with a 2.5% annual cost of living adjustment beginning in the third year of operation. No fixed end date; term is tied to continued gasoline service.

Agenda