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Utility
systems (steam, electric, air, water and waste water) are upgraded to optimum levels and sustained
by APP and its partners under a utility optimization
program. This program is completely funded by APP through
a utility optimization and services agreement.
Here's
how it works:
| 1. |
The
agreement is categorized as an operating lease contract
for improvements for utility systems. |
| 2. |
The
term of this agreement is generally for a period
of 3 to 10 years. |
| 3. |
Payments
for this agreement will be made monthly. |
| 4. |
Payments
will cover improvements and could include maintenance
costs. |
| 5. |
At the termination of the agreement, the customer
owns the system improvements. |
| 6. |
The
maintenance portion of the agreement can be extended
at termination. |
| 7. |
Additional
system improvements will be analyzed and implemented
at the customer's discretion. |
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