Tenaska Neighbor Agreement for Posey County Indiana Residents

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FTW
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Tenaska Neighbor Agreement for Posey County Indiana Residents

Post by FTW »

This is a sample agreement that was presented to "Neighbors" living close to any property that will or may contain an Industrial Solar Project in Posey County Indiana.

I would VERY STRONGLY suggest that anyone thinking about signing such a one sided agreement, especially for chump change, to either speak to an attorney or a psychiatrist.

Here are a few examples of details found in this agreement.

“Owner acknowledges the Property may experience the Effects described above caused by the Project. Owner waives any claims against Developer resulting from such Effects and Owner agrees not to, directly or indirectly, interfere with or seek to delay the development, permitting, construction, or operation of the Project or any activities related to or affiliated with the Project and Owner will not join or encourage any opposition to the development, construction, or operation of Project or any activities related to or affiliated with the Project.”

Term: The Term of this Agreement shall begin on the Effective Date and shall continue until the termination of the Project, which date is expected to be between 30 and 50 years after the date that Developer provides full notice to proceed to its general contractor pursuant to a contract for construction of the Project.

Covenants Running with the Land. The Parties hereby agree that all of the covenants and agreements contained in this Agreement touch and concern the Property and are expressly intended to, and shall, be covenants running with the land and shall be binding and a burden upon the Property and each Parties’ present of future estate or interest therein and upon each of the Parties, their respective heirs, administrators, executors, legal representatives, successors and assigns.


You can download a pdf copy of the entire agreement HERE
Tenaska poor neighbor agreement.pdf
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