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Res 2014-004/Approving a 1.04% adjustment to the rates charged by Texas Disposal Systems, Inc. in accordance with the fourth amended and restated contract for Collection and Disposal of Solid Waste and Recyclable Materials
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Res 2014-004/Approving a 1.04% adjustment to the rates charged by Texas Disposal Systems, Inc. in accordance with the fourth amended and restated contract for Collection and Disposal of Solid Waste and Recyclable Materials
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1/22/2015 3:40:01 PM
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2/6/2014 11:57:33 AM
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Resolutions
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Approving
Number
2014-04
Date
1/7/2014
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RESOLUTION 2014 -04R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, APPROVING A 1.04% ADJUSTMENT TO THE RATES CHARGED BY <br />TEXAS DISPOSAL SYSTEMS, INC. IN ACCORDANCE WITH THE FOURTH <br />AMENDED AND RESTATED CONTRACT FOR COLLECTION AND <br />DISPOSAL OF SOLID WASTE AND RECYCLABLE MATERIALS; AND <br />DECLARING AN EFFECTIVE DATE. <br />RECITALS: <br />1. The City Council approved a Fourth Amended and Restated Contract for Collection and <br />Disposal of Solid Waste and Recyclable Materials with Texas Disposal Systems, Inc. (TDS) on <br />October 2, 2013. <br />2. The rates charged by TDS, set forth in Attachment "A" to the contract, are subject to adjustment <br />annually based upon net percentage change over the previous 12 months to the Producer Price Index <br />for Solid Waste Collection and the Producer Price Index for #2 Diesel Fuel in accordance with Section <br />3.3 of the contract. <br />3. Based on the formula set forth in the contract, the rates charged by TDS to the City of San Marcos <br />shall be increased by 1.04 %. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS <br />PART 1. The City Council of the City of San Marcos, Texas hereby approves an <br />amendment to the contract to reflect a 1.04% increase in the rates charged by TDS as set forth in <br />Attachment "A" to this resolution. <br />Attest: <br />PART 2. This Resolution shall be in full force and effect from and after its adoption. <br />ADOPTED on January 7, 2014. <br />1 <br />hie <br />Mayor <br />
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