Res 1974-036 - Laserfiche WebLink

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, 106,..a THE STATE OF TEXAS I I I KNOW ALL MEN BY THESE PRESENTS: COUNTY OF HAYS That on this S'~aY of Jt~l~/I../ ,A.D. 1974, the City of San Marcos, Hays County, Te as, a municipal corporation by and under the laws of the State of Texas, hereinafter referred to as "City", and EA.PAC Resource Recovery Division, Inc., a. business corporation under the laws of the State of Texas, hereinafter referred to. as ~Company", dJ enter into this contract for the purpose of providing a mutually beneficial system of waste paper disposal, I City hereby agrees and consents to deliver to Company at Company's business location in San Marcos, Hays County, Texas, more particularly described by the attached "Exhibit A", the Same being hereby in- corporated into this agreement for all intents and purposes, all paper and cardboard waIte collected by City in its normal course of solid waste collection from that certain collection route more particularly described in the attached "Exhibit BfI which is hereby incorporated into this agreement for all intents and purpose. By mutual consent of the parties to this agreement. the route referenced above may be expanded during the primary period of this agreeJllent so as to increase the quantity of paper waste c611eCted by City and delivered to Company. II I Consideration for the making of this agreem.ent is hereby agreed to run to the benefit of both parties in that the perforlllanceof said agreement is contemplated to amount to equipment and personnel savings to City. Company receives and acknowledges the value of said waste to be delivered to Company for use in its business. Furthermore, by contract of even date herewith, Company has agreed to. furnish equipment and personnel sufficient to collect paper and cardboard waste from collection points designated in said contract. III The primary period of this agreement shall be eighteen (18) months, with an option resting with both parties to extend said agreement far an additional period of eighteen (18) months. It is agreed that mutua.l consent to extend said agreement shall be a condition precedent to an extension. I [ IV Company agrees to provide City with evidence of insurance, naming City as additionally insured, with said. policy covering claims against Company and City in theamounts of $100,000.00 for personal injury to any person, .$300,000',00 p!!rsonal iiljuryperoccurrence, and. $100,000; 00 property damage~Said insurance is .to cover Company's business operations at any and all locations where Company will be conductin~ any aspect of its business operations. v I Company and City agrees to notify the other immediately bfany mechanical failure which will prevent said party from performing the duties placed on said party by this agreement. Any said failure will noi serve as groundsfor!ermination of this agreement; provided however, that the party experie.ncing the failure shall use reasonable diligence in correcting said failure. or in making ther arrangements for the execution of this agreement. . Failure to u e reasonable diligence as described above shall be grounds for ermination.of this agreement.