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HomeMy WebLinkAboutReso 42-15RESOLUTION NO.42-15 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA APPROVING THE SECOND AMENDMENT TO THE GARBAGE, RECYCLING AND GREENWASTE SERVICES FRANCHISE AGREEMENT WITH MORRO BAY GARBAGE SERVICE TO MODIFY THE SECURITY REQUIREMENT THE CITY COUNCIL City of Morro Bay, California WHEREAS, the City Council adopted Resolution No. 48-01 approving the Garbage, Recycling and Greenwaste Services Franchise Agreement with Morro Bay Garbage Service (MBGS) for collection services effective January 1, 2002 and setting the initial rates for collection for residential and commercial customers (the "Agreement"); and WHEREAS, on May 27, 2008, by Resolution No. 24-08, the Agreement was extended by an amendment to the Agreement (the "Amendment"); and WHEREAS, the Agreement and Amendment are herein referred to as the "Amended Agreement;" and WHEREAS, MBGS has requested a modification to the form of security required in the Amended Agreement. NOW THEREFORE BE IT RESOLVED, by the City Council of the City of Morro Bay approves the Second Amendment to the Amended Agreement, attached hereto. PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting thereof held on the 23d day of June, 2015 by the following vote: AYES: Irons, Headding, Johnson, Makowetski, Smukler NOES: None ABSENT: None A� I. C-4� - J IE L. IRONS, Mayor ATTEST: lZt iS—O N, City Clerk Exhibit A Second Amendment to MBGS Amended Agreement (Immediately behind this page) CITY OF MORRO BAY SECOND AMENDMENT TO CONTRACT FOR SOLID WASTE SERVICES (W This Amendment No. 2 to that certain agreement for solid waste services ("this Amendment) is made and entered into this 23`d day of June, 2015 by and between the City of Morro Bay, a municipal corporation ("City") and Morro Bay Garbage Service, a California corporation ("MBGS") (sometimes collectively the "Parties"). RECITALS A. Effective January 1, 2002, the Parties entered into an agreement for MBGS to provide solid waste services for City (the "Agreement") that was amended effective May 27, 2008, by that certain letter amendment dated August 5, 2009, and signed on behalf of MBGS on September 1, 2009, that extended that term of the Agreement through December 31, 2023 and added section 5.2.1 to and amended section 7.2 of the Agreement (collectively the "Amended Agreement"). B. The Amended Agreement requires MBGS to provide a cash security of $250,000 (the "Security") as the guarantee MBGS will satisfactorily perform its obligations pursuant to .the Amended Agreement, C. MBGS has requested City to substitute a performance bond for the Security MBGS has already provided. D. The Parties desire to amend the Amended Agreement to allow MBGS to replace the Security with a performance bond. Now, therefore, the Parties agree as follows: 1. Section 10.5 of the Amended Agreement shall be amended in its entirety to read as follows: 10.5 SECURITY At any time, Contractor may provide file with the City a performance bond, as approved by the City Attorney, in an amount of not less than $350,000 to replace the cash deposit of $250,000 (the "Cash Deposit") Contractor previously provided to the City as security for Contractor's performance pursuant to this Agreement. If a satisfactory performance bond is provided by Contractor, then the City, within 30 days after approval of that performance bond shall return to Contractor the Cash Deposit. The performance bond shall remain in effect for the term of this Agreement, as may be extended and until 90 days after the termination of this Agreement. If this Agreement refers to a security fund or something similar, then it shall be deemed to mean the performance bond provided pursuant to this section. 2. Except as specifically provided herein, all provisions of the Amended Agreement shall continue in full force and effect. 3. The effective date of this Amendment No. 2 shall be July 1, 2015. IN WITNESS WHEREOF, the Parties hereto have caused this Amendment No. 2 to be executed. CITY OF MORRO BAY go Attest: Jamie L. Irons, Mayor Dana Swanson, City Clerk MBGS am Michael Dean, Division Vice President