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<br />I <br /> <br />I <br /> <br />- <br /> <br />ARTICLE 4 <br />RECORDS AND REPORTS <br /> <br />4.1 BFI will file the following records and reports with the City as directed. <br /> <br />(a) Reports of all complaints received, investigations of these complaints, and <br />actions taken by BFI. <br />(b) Changes in the number of residential units served by BFI. <br />(c) Report of recycling information which includes volumes by category. <br /> <br />4.2 BFI will retain all records and supporting documentation applicable to this <br />Contract, and not delivered to the City, for a period of three years except in the event that <br />BFI goes out of business, It will turn over, to the City, all of its records relating to this <br />Contract for retention by the City. <br /> <br />ARTICLE 5 <br />TERM OF CONTRACT <br /> <br />5.1 This Contract will be effective September 1, 1997 and will continue for five (5) <br />years until August 31,2002. The Contract may be extended for two (2) additional five (5) <br />year periods, provided all terms and conditions remain in full force and effect except for the <br />Contract being extended and a modification to rates as specified in Section 3.1.2 of this <br />Contract. This option, if exercised, is to be executed in the form of a letter of agreement, <br />to be issued no sooner than one hundred and eighty (180) days prior to expiration of the <br />Contract, nor later than the final day of the contract period. This option to renew requires <br />the mutual agreement of the City and BFI. Refusal by either party to exercise this option <br />to renew, will cause the Contract to expire on the original or mutually agreed upon date. <br />The total period of the Contract, including the extension as a result of exercising this <br />option, will not exceed a maximum combined period of fifteen (15) years. <br /> <br />5.2 Failure by either party to this Contract to perform any of its provisions will <br />constitute a breach of Contract, in which case, either party may require corrective action <br />within ten days (10) from date of receipt of written notice citing the exact nature of such <br />breach. Failure to take corrective action or failure to provide a satisfactory written reply <br />excusing such failure within the prescribed 10 days will constitute a default of Contract. <br />The defaulting party will be given a twenty (20) day period within which to show cause why <br />the Contract should not be terminated for default. City Council may take whatever action <br />as its interest may appear, resulting from such notice. All notices for corrective action, <br />breach, default, or show cause, will be issued by the City Manager only, and all replies will <br />be made in writing to the City Manager at the address shown on page one. Notices issued <br />by or to anyone other than the City Manager will be null and void, and will be considered <br />as not having been issued or received. The City reserves the right to enforce the <br />performance of the Contract in any manner prescribed by law in the event of breach or <br />default of the Contract, and may Contract with another party with or without solicitation of <br /> <br />16 <br />