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HomeMy WebLinkAboutEmergency Item - Franchise Agreement with Waste Works:FOLEY FOLEY & LARDNER LLP ATTORNEYS AT LAW AGENDA ITEM COVER SHEET Meeting Date: July 6, 2010 Item # EMERGENCY ITEM Contact Name: Contact Number: Reviewed By_ Paul E. Rosenthal, Department Director: Steve Krug City Attorney City Manager: Rob Frank S,~ib~e~ 1~rr~ht~ Agr~r~~t ~ W ~b~s - ._, __y Background Summary: The City entered into an Exclusive Commercial and Multi-Family Solid Waste Collection Franchise Agreement with Waste Depot LLC DBA Waste Works, dated October 20, 2009. The Franchise Agreement was amended on January 5, 2010. Pursuant to the Franchise Agreement, the City received a Contract Performance Bond in the amount of $200,000 issued by Platte River Insurance Company (copy attached). Additionally, the First Amendment to the Franchise Agreement required that Waste Works pay to the City the amount which the City incurred with Veolia ES Solid Waste Southeast, Inc. in order for Veolia to continue to provide solid waste collection and disposal services subsequent to the date on which Veolia anticipated that Waste Works would commence service. A change in ownership is currently in process with respect to Waste Depot LLC. Attached is a letter dated July 2, 2010 from Waste Works to the City Attorney which provides specific details regarding this change in ownership. Closing has not yet occurred on this change. The Franchisee under the Franchise Agreement will remain as Waste Depot LLC DBA Waste Works. In connection with the change in ownership of Waste Depot LLC, the new owners are requesting that the City accept a substitute a Contract Performance Bond in the amount of $200,000 issued by United Casualty and Surety Insurance Company. Additionally, Platte River Insurance Company has requested that the City return their original bond and execute a release of all past, present and future liability thereunder. The delivery of the requested Release (copy attached) would need to be executed by the Mayor and City Clerk and requires City Commission approval. This request was received on Monday, July 5"' and is not on the published Agenda. It is staff's understanding that this must be in place for the anticipated closing on or about July 8~'. fn order for this item to be considered by the City Commission, the Mayor would need to declare this to be an emergency matter. A_1587818.1 The City has received an Invoice from Veolia in the amount of $45,000 for the cost of providing solid waste collection and disposal services subsequent to the date on which Veolia anticipated that Waste Works would commence service. This amount is due to Veolia, but has not yet been paid by the City. Steve Krug can address any questions regarding the Invoice. The Release of the Platte River Insurance Company Contract Performance Bond without the receipt of this cash payment from Waste Works in the amount of $45,000 could leave the City without any security for this obligation. At the time of the First Amendment, the cost was estimated at $33,000. It has been brought to staffs attention that there is a question regarding the ownership of the dumpsters currently being used by Waste Works. This question was addressed in an email from Rob Schwandt (one of the new owners of Waste Works) dated July 2, 2010 (copy attached). The form of substitute Contract Performance Bond has not been finalized with United Casualty and Surety. Attached hereto is the form of bond which is being requested by the City Attorney. This is identical to the bond issued by Platte River Insurance Company except that it references the First Amendment and has other provisions which assure that it is effective as of the October 20, 2010 date of the Franchise Agreement in order to avoid any gap in coverage between the date of the original Bond and the date of the Substitute Bond. Issue: (1) Should the Mayor declare this matter to be an emergency item? (2) Should the Mayor and City Commissioners approve the proposed release of Platte River Insurance Company in connection with its Contract Performance Bond #41173998 and authorize execution thereof by the Mayor and City Clerk? Recommendations Staff respectfully recommends that the Mayor declare this to be an emergency item. Staff further respectfully recommends that Mayor and City Commission approve the proposed release of Platte River Insurance Company in connection with its Contract Performance Bond #41173998 and authorize execution thereof by the Mayor and City Clerk, subject to receipt from Waste Works of a substitute Contract Performance Bond and payment for the Invoice currently due to Veolia and further subject to such additional conditions as may be imposed by the City Commission based on the staff presentation and discussion at the City Commission meeting. Attachments: 1. Platte River Insurance Company Contract PerFormance Bond #41173998. 2. Letter from Waste Works dated July 2, 2010. 3. Proposed Release of Platte River Insurance Company. 4. Email Regarding Status of dumpsters. 5. Proposed Substitute Contract Performance Bond. Financial Impact: LA_1587818.1 Type of Item: XX^ Public Hearing Qrdinance First Reading Ordinance First Reading Resolution Commission Approval Discussion 8 Direction For Clerk's Depf Use: ^ Consent Agenda ^ Public Hearing XX^ Regular Agenda/Emergency Item ^ Original Document/Contract Attached for Execution by City Clerk XX^ Original DocumentlContract Held by Department for Execution Reviewed by City Attorney Reviewed by Finance Dept. Reviewed by ( ) Paul Rosenthal Steve Krug/Craig Shadrix ^ N/A ^ N/A ^ N/A X4_1587818.1 Bond No. 41173998 CONTRACT PERFOP:MANCE BOND (Exclusive Commercial and Multi-Family Solid Waste Collection Franchise Agreement) KNOW ALL MEN BY THESE PRESENTS that Waste Depot, LLC d/b/a Waste Works, a Florida limited liability company, (hereinafter referred to as "Principal"}, and Platte River Insurance Company, a corporation organized under the laws of the State of Nebraska and licensed to do business in the State of Florida (hereinafter referred to as "Surety"), are held and firmly bound unto the City of Ocoee, Florida, as Obligee, (hereinafter referred to as "Obligee"), in the Penal Sum of Two Hundred Thousand Dollars ($200,000.00), for the payment of which sum well and truly made, Principal and Surety bind themselves, and their successors and assigns, jointly and severally, in accordance with the terms set forth herein. Recitals WHEREAS, Principal has by written agreement dated October 20, 2009 entered into a contract, with the Obligee titled "Exclusive Commercial and Multi-Family Solid Waste Collection Franchise Agreement" (hereinafter referred to as the "Contract") for the purposes of establishing an exclusive franchise granted by the Obligee and accepted by the .Principal for the collection of commercial and multi-family solid waste within the corporate limits of the City of Ocoee; and WHEREAS, the Contract identifies certain performance obligations of the Principal for a t:rYn ofthree (3) years, ~,-hicl> tcz°m niay i~ octendeJ for an additional twu (2) y;:~~ca; ati~i WHEREAS, the Surety acknowledges receipt of good and valuable consideration for the obligations it assumes hereunder. NOW, THEREFORE, it is agreed that the above Recitals are acknowledged to be true and are incorporated herein by reference. This Contract Performance Bond is being issued by the Surety to secure the performance obligations of the Principal under the Contract and any additional extensions thereof. If the Principal shall well, truly and timely perform all the .:,tadertakings, covenants, terms, conditions, and agreements of said Contract, within the term of the Contract and all extensions thereof; and shall also well, truly and timely perform all undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of said Contract that may hereafter be made; and shall pay, compensate, indemnify and save harmless the said Obligee of and from any and all loss, damage and expense, caused by any breach or default by Principal under the Contract, including, but not limited to, liquidated damages, damages caused by delays in performance of the Principal, expenses, costs and attorneys' fees, including attorneys' fees incurred in appellate proceedings, that Obligee sustair_s resulting directly or indirectly from failure of the Principal to perform its performance obligations under the Contract, then the obligations of this Contract Performance Bond shall be null and void; otherwise, this Contract Performance Bond shall remain in full force and effect and Surety shall be liable to Obligee under this Contract Performance Bond in accordance with its terms. Regardless of the number of years this bond remains in effect, the total aggregate liability of the Surety shall not exceed the penal sum of the bond." ORLA_1484T61.1 The Surety's obligations to the Obligee hereunder shall be duect and immediate and not eonditionaI or contingent upon Obligee's pursuit of its remedies against Principal, and shall remain in full force and effect notwithstanding (a) amendments or modifications to the Contract entered into by Obligee and Principal without the Surety's knowledge or consent; (b) waivers of compliance with or any default under the Contract granted by Obligee to Principal ar by Principal to Obligee without the Surety's knowledge or consent; (c) the discharge of Principal from its obligations under the Contract as a result of any proceeding initiated under The United States Bankruptcy Code, as the same may be from time to time amended, or any similar state or federal law, or any limitation of the liability of Principal or its estate as a result of any such proceedings; or (d) any other action taken by Obligee or Principal that would, in the absence of this clause, result in the .release or discharge by operation of law of the Surety from its obligations hereunder. Any changes in or under the Contract or noncompliance with any formalities connected with the Contract or cl-.~nges therein shall not affect Surety's obligations under this bond, and Surety hereby waives notice of any such changes. The Surety shall perform the obligations of the Principal under the Contract upon receipt of five (5) days written notice of the Principal's default. In the event that the Surety fails to fulfill its obligations under this Contract Performance Bond, then the Surety shall pay, indemnify and save the Obligee hatrriless from any and 'all loss, :damage, cost and expense, including reasonable attorneys' fees and other legal costs for all trial and appellate proceedings, caused directly or indirectly by the Principal's default(s) and the Surety's failure to fulfill its obligations hereunder. This Contract Performance Bond and its obligations shall survive the termination or ^,~ cancellation of the Contract. The payFncnt and indemnification obligations .set forth ui this paragraph shall be limited by the Penal Suin of this Contract Performance Bond. IN WITNESS WHEREOF, the Principal and Surety have executed this instrument under their several seals on the sth day of October, 2009, 1~f~0, the name and corporate seal of each corporate party being hereto affixed and these presents fully signed by its undersigned representative, pursuant to the authority of its governing body. Signed, sealed and delivered in the presence of: W. ~l:~ ~T~e ot, LL'C d/b/a Waste Works Principal ~~)'`.;.,.~ ~~-~~ (SEAL) ~ r" -~ (Off cial Title) ,~~ r ~P].~tte River Insurance Company Surety ~~~" ~ ~~ (SEAL) Do as ee Attorney-In-Fact (Official Title) (Conn igned b Florida Reg1s erect Agent) B. Leek O R LA_1484761. t :PLATTE RIVER IlVSURANCE ;COMPANY 411' T3 9 ~-g -; . POWER O~ ATTfJ.RNEY ` :.::. KNOW ALL MEN BY THESE PRESENTS, That the PLATTE RIVER INSURANCE COMPANY, a corporation of the State of Nebraska, having its principal offices in the, City of Middleton, Wisconsin, does make, constitute and appoint ------- --M DECKER YOUNGMAN HI,`JIM W HENDERSON; RICHARD A FREEBOURN 1R; DOUGLAS B LEEK fts true and lawful Attorney(s)-in-fact, to make, execute, seal and deliver-for and bn:its behalf, as surety, and as its act and dcud, any and all bonds, undertakings and contracts of suretyship, provided that no band or undertaking or contract of suretyship executed undez this authority sha[1 exceed in amowtt the um of ------------------------ ALL WRITTEN INSTRUMENTS IN AN AMOUNT: 52,500,000:00- -----------_ >. ,. This Yower of Attorney is granted and is signed and sea]ed by facsimile undo: and by Lhe auWority of the following Resoluhorra3ypted by the Board of Directors of PLATTE RIVER INSURANCE COMPANY at a meeting duly called and held on the Bth day of January, 2002. "RESOLVED, that the President, and Vice-President, .the Secretary or Treasurer, acting individually.: or otherwise, be and they hereby aze granted rho power and authorization to appoint by a Power of Attorney for the purposes only of executing and attesting,bonds and undertakings and other writings obligatory in he'natuce'thet'eof,':one or more vice-presidents, assistant secretaries and attorney(s)-in-fact, each appointee t0 have.the;pawers an8 duties usual to such offices io the business of hti Corporation; the signatwc of such officers and khe seal of the Corporation tnay be.affixed to spch power Af _ .: . attarney..or to any certt~Cate relating thereto by facsimile, and $ny. such powerof attorney tircertificate bearing such facsimile signatures orfaasime seal shall be valid and binding upon the Corporation in the future with respect to any bond or undertaking or other venting obligatory in the nature thcieof io which it is attached. Any such appointment may be revoked, for cause, or without'cause, by any of said officers, at anytime." IN WITNESS WHEREOF, the PLATTE RIVER INSURANCE COMPANY has caused these presents to be signed by its officer undersigned and its corporate sealao be horeto~affixed duly attested, this lstday of January,:2007. Attest: t~~~r/r PLATTE RIVER 1NSURANCE COMPANY' Q,~~p iNSUggh,C~y David FPauly = A T _ S~1~iL James J. McIntyre Chairman & CEO . -; ~ i President STATE pF ~VI5CON5[N ) ~ \~- ~~\ COUNTY OF'DANE r s.s.; aa~ ' On the 1st day bf January, 2007 before me personally came James J. McIntyre, to me known, who being by me duly sworn, :did depose and say:.thet he resides in the: County of Dane, .State of Wisconsin; that he 3s President of PLATTE RIVER INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he knows the seal ofthe said corporation; thatihe seal affixed to said instrument is such corporate seal; that it was so; affixed by orderof the Doard of Directorsof said corporation and tfiat he'signed his name thereto by tike tiideT.' ./ ugN1Er I, KRUEGEA Daniel W. Krueger STATE OF WISCONSI7V ) COUNTY".OF DANE f ~,5.: ~""` ..Notary PuGlic, Dana Co., WI CERTIFICATE My Commission ]s Perlilancnt I, the undersigned, duly. elected to the office stated below, now the incumbentin PLATTE RIVER INSURANCE COMPANY, aNabzas~a Corporation, authorized to_ make this certificate, DO, HEREBY CERTIFY that the foregoing attached Power of Attorney: remains in full force and has not been revoked; and furthermore, that the Resolutiodof the Board of Directorsy set forth in the Power of Attorney is now ~in force. Signed and sealed et the City of Middleton, State of Wisconsin this 8TH _ _, day of OCTOBER , Z OO9 ~~ r '~ ,SEAL '~ Alan S. Ogilvie ,.~-~..,. ~ Secretary TH75 DOC.UME~IT IS NOT VALID UNLESS PRINTED ON GREEN SHADED BACKGROUND WITH A RED SERIAL NUIvIRER IN TJ1E UPPER RIGHT HAND CORNER, IF Y-OU HAVE ANY QUESTIONS CONCERNING THE AT7THENTICITY OF THIS DOCUMENT CALL 300-475-4450, ' ra,eoa to-off Waste Works Florida. Inc, 320 Enterprise St. Ocoee, FL 34761 (407} 417-0047 July 2, 2010 Paul E. Rosenthal Foley & Lardner LLP 111 North Orange Avenue #1800 Orlando, FL 32801 Re: City of Ocoee Sotid Waste Collection Franchise Contract Dear Paul: Following up on our recent discussions, the purpose of this letter is to update you regarding our pending acquisition of Waste Depot LLC dba Waste Works. Waste Works Florida, Inc. is a recently established Florida corporation owned by three principals: (1) Paul Reddish, a Naples, FL resident with some 30 years experience in the solid waste industry who prior to selling several years ago owned and operated one of the lazger independent solid waste companies in Florida, (2) Pau! S. Barry, Jr., who has owned and operated solid waste companies in the Boston area since the 1970s, and (3) myself (I have owned and operated a solid waste company for the past 13 years}, For the past month, our management team has been significantly involved in running the Waste DepotJWaste Works operation, and we believe that we have already made significant improvements. For the past six months, our group has been working towards a purchase of the property at 320 Enterprise St., which we currently have under a Purchase and Sale Agreement with an anticipated August closing, and of Waste Depot LLC, which we intend to operate from that location. We intend to close on the acquisition of Waste Depot LLC neat week, making it a wholly owned subsidiary of Waste Works Florida, ]nc. There is no proposed transfer or assignment of the rights under the solid waste collection franchise agreement ("Franchise Agreement"). Waste Depot LLC dba Waste Works will remain as the franchisee pursuant to the Franchise Agreement. As you know, our insurance company has been working with your office to insure that our performance bond meets the requirements of the Franchise Agreement As we have discussed, the cwrent bond is secured with funds owned personally by the current owners of Waste Depot LLC. As our group is qualified to secure bonding without such collateral (and the current owners wish to recover their collateral), we wish to replace [he current bond with our own, subject to the City's approval. Please let me know if 1 can provide any additional information or answer any questions relating to this transaction. Ve truly i t G~ obe h June 16, 2010 Platte River Insurance Company C/O Capitol Insurance Companies 1301 Hightower Trail, Suite 370 Atlanta, GA 30350 RE: Waste Depot, LLC d,/b/a Waste Works Bond Number: 41173998, X200,000 Bond Amount Contract: Commercial and Multi-Family Solid Waste Franchise RFP#09-004 This document signifies that Platte River Insurance Company is hereby fully exonerated, released and discharged from its obligation there under and from any and all past, present and future liability under bond number 41173998 in the name of Waste Depot, LLC d/b/a Waste Works. Please return the original document signed on your letterhead and sent to the attention of Jeffrey Fitzgerald at the above address. Sincerely, Jeffrey Fitzgerald Senior Underwriter 678-528-6605-Phone 678-528-6638-Fax Release Acceptance: City Of Ocoee Signature of Obligee Release/Title Date Rosenthal, Paul Fram: Rob Schwandt [RSchwandt@grahamwaste.com] Sent: Friday, Jufy 02, 2010 4:11 PM To: Rosenthal, Paul Subject: RE: Ocoee Paul: As background on the dumpster situation, please be advised that Waste Depot LLC dba Waste Works purportedly entered into a lease agreement with Appalachian Managing Group LLC ("Appalachian"') for the use of front load containers, some compactors and several roll-off containers for its performance under the solid waste collection franchise agreement with the City of Ocoee. It is our understanding that the current ownership of Waste Depot LLC has failed to make lease payments to Appalachian Managing Group. It is our further understanding that Eric Thompson loaned money to (or invested money in) Appalachian which enabled it, in part, to acquire the containers which are the subject of the lease between Waste Depot LLC and Appalachian. In May, our group signed a letter of intent with Appalachian/Eric Thompson whereby we agreed to an outright purchase of the containers in conjunction with our acquisition of Waste Depot LLC. At that time, we had anticipated a June 1 closing on the Waste Depot and Appalachian transactions. Due to circumstances beyond our control, the Waste Depot transaction was postponed until next week, so the Appalachian transaction was delayed accordingly. Because Appalachian has not received sales proceeds from us, it has not been able to reimburse Mr. Thompson. As it is Appalachian which owns the containers, it does not appear that Mr. Thompson would even have the right to repossess the containers as he has reportedly threatened to do if payment is not forthcoming. Mr. Thompson has been in frequent contact with my partner over the past month, and has been made aware of the timing of these transactions. I forwarded closing documents to Mr. Thompson this morning via e-mail for a June 7 closing. I just received a response from him by email that he will review the documents with his attorney and respond to me. Mr. Thompson is understandably frustrated at having entered into a poor business arrangement involving the current owners of Waste Depot. V4'e intend to proceed next week with the purchase commitment we made in May, which we expect will result in Mr. Thompson recovering the loan/investment he made with Appalachian. Please let me know if I can provide any additional information in this regard. Have a great holiday. Regards, Rob Schwandt -----Original Message----- From: Rosenthal, Paul [mailto:PRosenthal@foley.com] Sent: Thursday, July O1, 2010 8:43 PM To: robschwandt@comcast.net Cc: jtolbert@ci.ocoee.fl.us Subject: Ocoee Rob: please send me a letter which outlines the proposed change in ownership, Also, please address your agreement with the dumpsters so that the City Commission will know that this issue is resolved. Thanks. Paul. CONTRACT PERFORI<1ANCE BOND (Exclusive Commercial and Multi-Family Solid Waste Collection Franchise Agreement) KNOW ALL MEN BY THESE PRESENTS that Waste Depot, LLC d/b/a Waste Works, a Florida limited liability company, (hereinafter referred to as "Princi al"), and - -, a corporation organized under the laws of the State of and licensed to do business in the State of Florida (hereinafter referred to as "Surety"}, are held and firmly bound unto the City of Ocoee, Florida, as Obligee, (hereinafter referred to as "Obligee"), in the Penal Sum of Two Hundred Thousand Dollars ($200,000.00), for the payment of which sum well and truly made, Principal and Surety bind themselves, and their successors and assigns, jointly and severally, in accordance with the terms set forth herein. Recitals WHEREAS, Principal has by written agreement dated October 20, 2009 entered into a contract, with the Obligee titled "Exclusive Commercial and Multi-Family Solid Waste Collection Franchise Agreement", as amended by First Amendment thereto dated January 5, 2010 (hereinafter referred to as the "Contract") for the purposes of establishing an exclusive franchise granted by the Obligee and accepted by the Principal for the collection of commercial and multi-family solid waste within the corporate limits of the City of Ocoee; and WHEREAS, the Contract identifies certain performance obligations of the Principal for a term of three (3} years, which term may be extended for an additional two (2) years; and WHEREAS, this Contract Performance Bond is being accepted by the City of Ocoee, as Obligee, on the condition that it is acknowledged by the Surety as covering all non-performance, defaults and matters arising under the Contract, including, but not limited to such non- performance, defaults and matters that have arisen since October 20, 2009 and/or are in existence as of the date of the execution of this Contract Performance Bond; and WHEREAS, the Surety acknowledges receipt of good and valuable consideration for the obligations it assumes hereunder. NOW, THEREFORE, it is agreed that the above Recitals are acknowledged to be true and accurate and are incorporated herein by reference. This Contract Performance Bond is being issued by the Surety to secure the performance obligations of the Principal under the Contract since the date of it inception and any additional extensions thereof. If the Principal shall well, truly and timely perform all the undertakings, covenants, terms, conditions, and agreements of said Contract, within the term of the Contract and all extensions thereof; and shall also well, truly and timely perform all undertakings, covenants, terms, conditions, and agreements of any and all duly authorized modifications of said Contract that may hereafter be made; and shall pay, compensate, indemnify and save harmless the said Obligee of and from any and all loss, damage and expense, caused by any breach or default by Principal under the Contract, including, but not limited to, those arising before or which are in existence as of the date of the execution of this Contract Performance Bond; and including, but not limited to, liquidated damages, damages caused by delays in performance of the Principal, expenses, costs and attorneys' fees, including attorneys' fees incurred in appellate proceedings, that Obligee sustains resulting directly or indirectly from failure of the Principal to perform its performance obligations under the Contract, then the obligations of this Contract Performance Bond shall be null and void; otherwise, this Contract Performance Bond shall remain in full force and effect and Surety shall be liable to Obligee under this Contract Performance Bond in accordance with its terms and shall pay the Obligee for such damages that result from the non-performance of the Principal as described above subject to the notice provisions described below. The Surety's obligations to the Obligee hereunder shall be direct and immediate and are not conditional or contingent upon Obligee's pursuit of its remedies against Principal, and shal] remain in full force and effect notwithstanding (a) amendments or modifications to the Contract entered into by Obligee and Principal without the Surety's knowledge or consent; (b) waivers of compliance with or any default under the Contract granted by Obligee to Principal or by Principal to Obligee without the Surety's knowledge or consent; (c) the discharge of Principal from its obligations under the Contract as a result of any proceeding initiated under The United States Bankruptcy Code, as the same may be from time to time amended, or any similar state or federal law, or any limitation of the liability of Principal or its estate as a result of any such proceedings; or (d) any other action taken by Obligee or Principal that would, in the absence of this clause, result in the release or discharge by operation of law of the Surety from its obligations hereunder. Any changes in or under the Contract or noncompliance with any formalities connected with the Contract or changes therein shall not affect Surety's obligations under this bond, and Surety hereby waives notice of any such changes. The Surety shall perform the obligations of the Principal under the Contract upon receipt of five (5) days written notice of the Principal's default. In the event that the Surety fails to fulfill its obligations under this Contract Performance Bond, then the Surety shall pay, indemnify and save the Obligee harmless from any and all loss, damage, cost and expense, including reasonable attorneys' fees and other legal costs for all trial and appellate proceedings, caused duectly or indirectly by the Principal's default(s) and the Surety's failure to fulfill its obligations hereunder. This Contract Performance Bond and its obligations shall survive the termination or cancellation of the Contract. The payment and indemnification obligations set forth in this paragraph shall be limited by the Penal Sum of this Contract Performance Bond regardless of the duration of the Contract. IN WITNESS WHEREOF, the Principal and Surety have executed this instrument under their several seals on the day of 2010, the name and corporate seal of each corporate party being hereto affixed and these presents fully signed by its undersigned representative, pursuant to the authority of its governing body. Signed, sealed and delivered in the presence of: Waste Depot LLC dlb/a Waste Works Principal Bv: By_ .(SEAL) (Official Title) Surety (SEAL) (Official Title) (Countersigned by Florida Registered Agent) NOTES: If Principal and Surety are corporations, the respective corporate seal should be affixed and attached. Surety shall execute and attach a certified copy of Power of Attorney Appointing Individual Attorney-In-Fact for execution of Performance Bond on behalf of Surety. PERFORMANCE SURETY ESCROW AGREEMENT THIS PERFORMANCE SURETY ESCROW AGREEMENT (this "Agreement") is entered into this day of , 2010 by SUMMIT XV HOLDINGS, LLC a Florida limited liability company whose address is 132 West Plant Street, Suite 200, Winter Garden, Florida 34787 (the "Owner"), and the CITY OF OCOEE, a Florida municipal corporation whose address is 150 North Lakeshore Drive, Ocoee, Florida 34761 (the "City"). WITNESSETH: WHEREAS, the Owner is the owner of certain lots within the development commonly known as Villas at Woodsmere located in the City of Ocoee as depicted in that plat recorded at Plat Book 65, Page 112, Public Records of Orange County, Florida (the "Subdivision"); and WHEREAS, the original developer, Bay Point Builders, LLC (the "Original Owner"), was subject to an action of foreclosure; and WHEREAS, SUMMIT XV HOLDINGS, LLC, a Florida Limited Liability Company, acquired certain lots within the Subdivision by special warranty deed dated the 29th day of March, 2010, and recorded at O.R. Book 10024, Page 4691, Public Records of Orange County, Florida; and WHEREAS, pursuant to an Assignment of Rights under the Declaration of Covenants and Restrictions for Villas at Woodsmere, Summit XV Holdings, LLC, a Florida Limited Liability Company has become the successor Developer pursuant to the terms and conditions of said Declaration of Covenants and Restrictions for Villas at Woodsmere; and WHEREAS, the Owner as the owner of the majority of the lots within the Subdivision, has agreed to fun an escrow account able to be utilized by the City to remediate certain work not performed by the Original Owner; and WHEREAS, the escrow funds are to be utilized to fund work to be performed by the City to remediate those improperly constructed or incomplete improvements (the "Improvements") identified by the City of Ocoee and set out in that letter dated September 17, 2009 and attached hereto as Exhibit "A" (the "Letter"). NOW THEREFORE, the parties agree as follows: SECTION 1. Establishment of Escrow Fund. The Owner does hereby establish an escrow fund with the City in the amount of Thirty- nine Thousand One Hundred DOLLARS ($39,100) to be utilized by the City in the performance of the work called for in the Letter. This escrow fund shall be placed by the City in an account at a local financial institution and shall be disbursed only in accordance with the terms of this ORLA_1584981.1 Agreement. The escrowed funds shall be permitted to be commingled with the other funds of the City but shall be accounted. for under a separate ledger and segregated for use only in accordance with this Agreement. SECTION 2. Terms and Conditions for Return of Escrow Fund. In the event the Owner completes the Improvements in accordance with the ordinances and regulations of the City of Ocoee, Florida, in regard to subdivision improvements and according to the plans, specifications and schedules covering said work and such approved additions, amendments or alterations as may be made in the plans, specifications and schedules for such work as approved by the City and shall complete all said work on the earlier of (i) the completion of construction for all vertical infrastructure within the Subdivision or (ii) December 31, 2012, then the monies escrowed hereunder shall be returned to the Owner less all bank charges with respect to the maintenance of the escrow fund and less a legal expense reimbursement fee equal to all outstanding legal fees and costs owed to the City and related to this Agreement or the Subdivision. SECTION 3. City's Right to Draw on Escrow Fund. The funds escrowed hereunder shall be used by the City to complete the remedial work required pursuant to the specific enumerated list set forth in the Letter, together with those items discovered during the performance of the remedial work, which in the reasonable discretion of the City's engineer, require work to be done to complete or repair the infrastructure of the Subdivision to comply with the plans and specifications for the Subdivision upon the failure or refusal of the Owner to complete the Improvements by the date hereinabove specified or any subsequent date provided through an agreement between the Owner and the City for an extension of time. If the Owner fails or refuses to complete the Improvements by the date hereinabove specified, taking into account any extensions thereof by agreement, then the City may, but shall not be obligated to, complete the Improvements, the cost of which shall be paid for out of the escrow fund for this purpose without notice to the Owner. SECTION 4. Excess Funds. In the event that the City completes the Improvements with the escrowed funds under the terms of this Agreement, any excess funds remaining after completion of the Improvements shall be returned to the Owner less all bank charges with respect to the maintenance of the escrow fund and less an administration and oversight fee in an amount not to exceed ten percent (10%) of the amount paid to have the remedial work completed and less a legal expense reimbursement fee equal to all outstanding legal fees and costs owed to the City and related to this Agreement or the Subdivision. SECTION 5. Continued Applicability of Subdivision Regulations. This Agreement shall. not be construed to relieve or release the Owner from any of its obligations under the City Subdivision Regulations with respect to the Improvements. 2 ORLA_1584981.1 SECTION 6. Construction. This Agreement shall be construed in accordance with the laws of the State of Florida. SECTION 7. Effective Date. This Agreement shall first be executed by the Owner and submitted to the City for approval by the Ocoee City Commission. This Agreement shall become effective upon the later of (i) the date of execution by the City or (ii) the date of funding of the escrow fund as described in Section 1 hereof. IN WITNESS WHEREOF, the parties hereto have caused these presents to be signed as of the date and year first above written. OWNER: SUMMIT XV HOLDINGS, LLC, a Florida limited liability company By:_ Name: Title: 3 ORLA_1584981.1 CITY: ATTEST: CITY OF OCOEE, FLORIDA, a Florida municipal corporation By: Beth Eikenberry, City Clerk (SEAL) FOR THE USE AND RELIANCE BY THE CITY OF OCOEE ONLY. APPROVED AS TO FORM AND LEGALITY this day of ,2010 FOLEY & LARDNER LLP By: City Attorney By: S. Scott Vandergrift, Mayor APPROVED BY THE OCOEE CITY COMMISSION AT A MEETING HELD ON , 2010 UNDER AGENDA ITEM NO. 4 ORLA_1584981.1 Mavor S. Scott Vandergrift City Manaeer Robert Frank ,Sre Center of Good LI v1~ -__ _ ~ . g 5,. October 29, 2004 Fred Bonham Secretary /Treasurer Waste Works 320 Enterprise Street Ocoee, FL, 34761 Commissioners Gary Hood, District 1 Rosemary Wilsen, District 2 Rusty Johnson, District 3 Joel F. Keller, District 4 Re: City of Ocoee Commercial & Multifamily Solid Waste Collection Franchise RFP #09-004 Franchise Service Start Date ~~ E~ Mr. Bo. Per our various conversations and meeting on October 22, 2009, the transfer date far your firm to begin servicing the above referenced franchise wilt be December 2, 2009. This date is based on obtaining Orange County Commission approval of your Commercial Refuse License at their December 1, 2009 meeting. In order to have your license application on the County agenda, the complete application package must be submitted to the County no later than November 4, 2009. Orange County understands the time sensitive nature of your application and has notified the City that they are awaiting submittal of your Pollution Legal Liability insurance certificate, vehicle tag information and the processing fee in order to move the application to the approval phase. We will continue to work with Waste Works and the current service provider, Veolia Environmental, to ensure a smooth transition. Please-feel free to contact me if you have any updated information or questions. Sincerely, Step en C. Krug, P.E. Public Works Director City of Ocoee cc: Robert Frank, City Manager, City of Ocoee Jamie Crote u Assistant Ci Manager, City of Ocoee ~ ,_ ~ . Aagge _.- _. Bill Simmons, Sanitation & Fleet Operations 1Glaiiagirr, City of Ocoee City of Ocoee Public Works • 301 Maguire Road • Ocoee, Florida 34761 phone: (407) 905-3170 • fax: (407) 905-3176 • www.ocoee.org EXCLUSIVE COMMERCIAL AND MULTI-FAMILY SOLID WASTE COLLECTION FRANCHISE AGREEMENT [-" / THIS AGREEMENT is made and entered into this ~ day of ~~,r~ , 2009, between the CITY OF OCOEE, a Florida municipal corporation (hereinafter referred to as the "City") and WASTE DEPOT LLC DBA WASTE WORKS, a Florida limited liability corporation (hereinafter referred to as the "Franchisee") for the purposes of granting an exclusive franchise for the collection of commercial and multi-family solid waste within the corporate limits of the City, all subject to the terms, conditions and limitations set forth herein. Section 1. Definitions. For the purposes of this Agreement, all terms and words shall have the meaning set forth in Chapter 143 of the Ocoee City Code and in the definitions contained in Part IV of Chapter 403, Florida Statutes, and in state administrative rules adopted pursuant to Part IV of Chapter 403, Florida Statutes, as such statutes and rules may be amended from time to time. All references herein to "multi-family" or "multi-family accounts" shall refer to multi-family residential units containing more than four (4) single family residential units. Section 2. Grant of Franchise. In consideration of the agreement of the Franchisee to (i) perform the services set forth in this Agreement, (ii) pay to the City the Franchise Fee set forth in Section 14 hereof, and (iii) otherwise comply with the terms and conditions of this Agreement, the City hereby grants to the Franchisee the exclusive franchise, including every right and privilege pertaining thereto, to operate and maintain solid waste collection and disposal service for commercial and multi- family accounts within the corporate limits of the City, except as provided in Section 12 hereof. Section 3. Limits of the Franchise. Except as set forth herein, the franchise covers the corporate limits of the City of Ocoee. Franchisee agrees that the limits of the franchise are subject to expansion or reduction by annexation or contraction of municipal boundaries and Franchisee has no vested right in a specific area. Further, Franchisee acknowledges and agrees that its right to serve certain lands hereto or hereafter annexed by the City which were the subject of an exclusive solid waste collection services franchise with Orange County which was in effect at least 6 months prior to the initiation of annexation is limited by the provisions of Section 171.062(4), Florida Statutes, as it may from time to time be amended. The provisions of Florida Statute 403.70605 shall also apply. n 4. Term. ~ The franchise shall be granted for an initial term of three (3) years commencing on 2009 and terminating on r , 2012, unless sooner terminated by the City due to breach of the terms of this Agreement by the Franchisee ("the Initial Term"). The Initial Term of the franchise may be extended by mutual agreement of the City and the Franchisee for an additional two (2) y~ar term commencing with the expiration of the Initial Term and terminating on ~r~om.~r_, 2014. Should the City or the Franchisee determine not to extend the term of the franchise beyond the Initial Term, they shall provide written notice of such intent to the other party no sooner than finrelve (12) months prior to the expiration of the Initial Term and no later than six (6) months prior to the expiration of the Initial Term and in the event of such notice the franchise and this Agreement shall terminate upon expiration of the Initial Term. In the event neither party gives notice as aforesaid that it does not desire to extend the term of the franchise, then the City and the Franchisee shall enter into an amendment extending the term of the franchise and this Agreement for an additional 2-years for a total of 7-years, such agreement to be entered into at least three (3) months prior to expiration of the Initial Term. ~...-- Section 6. Collection Services and Operations. A. Except as set forth in Section 12 hereof, the Franchisee shall provide solid waste collection and disposal services to all commercial and multi-family accounts commencing on~,AQm~r~, 2009. The Franchisee shall transport all solid waste collected to a properly licensed solid waste facility. B. The Franchisee shall provide all labor, materials, equipment, supervision and facilities necessary to provide efficient and effective collection services. The Franchisee shall pay all costs, expenses, and charges required to perform the collection services and dispose of the collected materials including the disposal charges and "tipping fees" at the solid waste facility. The Franchisee shall comply with all applicable local, state and federal statutes, laws, ordinances, rules and regulations. Section 6. Frequency of Collections. Franchisee shall make collections from each account at least once a week on a regularly-scheduled basis. Collection shall be made between the hours of 7:00 a.m. and 7:00 p.m., Monday through Saturday. Franchisee may provide for collections on a less frequent basis upon written approval of the City. Section 7. Routes and Schedules. Franchisee shall provide the City with schedules and collections routes and shall keep such information current at all times. Franchisee shall notify each customer and the City prior to any change in collection schedules which alter the day of collection. Section 8. Equipment. A. The Franchisee shall have on hand at all times and in good working order such equipment as shall permit the adequate and efficient collection of all commercial and multi-family accounts. Equipment shall be obtained from nationally known and recognized manufacturers of solid waste collection and disposal equipment. The Franchisee shall have available reserve equipment which can be put into service in the event of any breakdown. Vehicles used in a collection of commercial and multi-family accounts shall be marked with the name of the Franchisee, business telephone number and the number of the vehicle in letters not less than five (5) inches high on each side of the vehicle. B. The Franchisee shall provide all receptacles, containers, or dumpsters necessary for the collection of all commercial and multi-family accounts. The Franchisee shall make arrangements with each customer for the removal and replacement of receptacles which do not conform to Franchisee's equipment. The City shall retain ownership and control of all receptacles currently the property of the City. 0 "•# Section 9. Complainh The Franchisee shall assign a qualified person or persons to be in charge of operations within n the service area. The Franchisee shall give the name and quaycations of these persons to r'' fi the City. The Franchisee shall insthute a system for addressing wmplaints from within the City ' which shall include informing each customer and the City of the phone number at which complaints will be received. Such phone will be promptly answered at a minimum from 6:00 a.m. to 5:00 p.m., Monday through Friday. In the event that the Franchisee b unable to promptly resolve any such complaints the Franchisee shall prompty notify the City of the nature of the complaint and the attempts made to resolve the complaint. Section 10. Personnel. A. The Franchisee shall require its employees to serve the public in a courteous, helpful and imparbat manner. 8. Franchisee collection employees shall wear dress uniforms hearing the company name during working hours. C. Each person employed to operate a vehicle shall at all times carry a valid Florida Driver's License for the type of vehicle being operated. ~ ~ D. The Franchisee's collection employees will be required to remain on public right-of-ways and the premises of its customers. No trespassing by employees will be permitted on private property. Care shall be taken to prevent damage to property, inducting receptacles, trees, shrubs, flowers and other plants. Section 11. Swllape. The Franchisee shall not litter or cause any spillage to occur upon the premises or the dghts- of-way wherein the wllection occurs. The Franchisee may refuse to culled any solid waste that has not been placed in an appropriate receptade. During hauling, all solid waste shall be contained, Ued or enclosed so that leaking, spilling and blowing is prevented. In the event of any spillage caused by the FranchLee, the Franchisee shall promptly dean up all spillage a[ its sole cost and expense. In the event that the Franchisee fails to promptty clean up spillage, then the City may do so and the Franchisee shall pay Ure City all costs and expenses inwred by the City in connection therewith. Section 12. Excluded Solid Waste. Hazardous waste, biological waste, used oil and yard trash are expressly excluded from the franchise granted herein. Additionally, construction and demoliton debris from residential building, roofing and remodeling are expressly excluded from the franchise granted herein, provided, however, that nothing contained herein shall predude the City, at the City's sole option, from amending this Agreement to indude within the scope of the franchise granted herein the exclusive right and privilege to collect all construction and demolition debris from residental building, roofing and remodeling. Section 13. Subcontractors. Subcontractors shall be allowed only with the prior approval of the City Commission which consent may be granted or withheld in the discretion of the City Commission. The consent of the City Commission shall not be construed as making the City a part of such subcontract or subjecting the City to liability of any kind to any subcontractor. Section 14. Rates and Chames. A. Rates to be charged for the commercial and multi-family solid waste collection and disposal service to be performed under this Agreement are as set forth in Exhibit "A" attached hereto and by this reference made a part hereof. B. The Franchisee, at its sole cost and expense, shall be solely responsible for the billing and collection of all fees and charges payable to the Franchisee by customers for services rendered pursuant to this Agreement. The Franchisee shall use its best efforts to bill and collect a1V such fees on a monthty basis unless otherwise agreed to in writing by the City. C. In consideration for the grant of this franchise and the execution of this Agreement by the City, the Franchisee agrees to pay to the City a franchise fee equal to TWENTY PERCENT (20%) of the fees and charges actually collected by the Franchisee from customers for services rendered pursuant to the franchise granted by this Agreement ('Yhe Franchise Fee"). The Franchisee shall pay the Franchise Fee to the City on or before the tenth (10th) day of each rroMh wkh respect to the fees and charges actually collected by the Franchisee during the previous month. Such payment shall be transmitted on a City approved form and shall include a certification by the Franchisee of the fees and charges actually collected during the prior month end such other infomwtion as may be required by the City. Failure of the Franchisee to make timely payment to the City of the Franchise Fee or falsifiption of the certification regarding fees and charges actually collected shall constitute a defauR by the Franchisee of this Agreement. The obligation to pay the Franchise Fee with respect to fees and charges actually collected with respell to services provided during the Term of this Agreement shall survive the tertninaflon of this Agreement. D. Notwithstanding any provisions contained herein to the contrary, the rates and charges for commercial and multi-family solid waste collection and disposal services set forth in Exhibit "A" hereto shall, subject to the terms and conditions set forth herein, be annually adjusted in accordance wdh the Annual Rate Adjustment formula set forth in Exhibit "B" hereto. Within thirty (30) days following each anniversary date of this Agreement, the City shall calculate the Annual Rate Adjustment as aforesaid and provided a written notice thereof to the Franchisee. The City's calcuVation and interpretation of the Annual Rate Adjustment formula shall be binding on the Franchisee. Upon receipt of such notice from the City, the Franchisee shall provide a written notice to all of its customers under this Agreement which notice sets forth the Annual Rate Adjustment. Any such Annual Rate Adjustment shall become effective thirty (30) days after the mailing of such notice by the Franchisee to its customers and shall be retroactive to the beginning of the billing period in which such Annual Rate Adjustment becomes effective. Except as aforesaid, the Franchisee shall not be entitled to an adjustment in the rate schedule. E. Notwithstanding any provisions contained herein to the contrary, the Franchisee has agreed to, at no cost or expense to the City, provide the City with the following services: (1) Dumpsters in sizes to be mutually agreed upon at all City owned and operated facilities, including but not limited to City Hall, City parks and recreational facilities, Fire Stations, Public Works Facilities, cemetery, and the City Sewer Plant, and the removal and disposal of all solid waste and other materials placed in such dumpsters. ' r (2} Temporary dumpsters in a size to be mutually agreed upon for all City sponsored events which are open to the general public. The removal and disposal of all solid waste and other materials placed in such dumpsters and the removal of such dumpsters promptly following each City sponsored event. The above services ar~rovided to the City at no cost or expense in further consideration for the grant of this franchise and the execution of this Agreement by the City. F. Notwithstanding any provisions contained herein to the contrary, the Franchisee has agreed to, at no cost or expense; provide solid waste collection and disposal services to all religious institutions located within the corporate limits of the City. This donated service shall include providing a 2 cubic yard dumpster collected once per week, with charges for additional requested services to be the incremental cost above the donated service. For the purposes hereof, "religious institutions" means churches and ecclesiastical or denominational organizations or established physical places of worship at which non-profit religious services and activities are regularly conducted and carried on. Section 15. Books and Records. A. The Franchisee shall keep complete books and records at its place of business in Central Florida, setting forth a true and accurate account of all business transactions arising out of or in connection with this Agreement, including but not limited to a complete customer account fisting and a record of all fees and charges billed and collected, all in accordance with good business practices and generally accepted accounting principles. The City shall have the right to have access to and inspect and copy the contents of said books and records during normal business hours. Upon thirty (30) days written request from the City, the Franchisee shat{ provide the City with a complete customer account listing and a record of all fees and charges billed and collected during the prior twelve (12) months. B. The Franchisee shall annually submit to the City an audited financial statement with respect to all business transactions arising out. of or in connection with this Agreement, which shall have been prepared by an independent certified public accountant reasonably acceptable to the City. The financial statement shall include a determination of all fees and charges billed and collected by the Franchisee pursuant to the franchise granted by this Agreement and the Franchise Fees due to the City pursuant to this Agreement. Each such audited financial statement shall be based on the City's fiscal year of October 1 to September 30 and shall be submitted to the City on or before December 31 of each year except that the last such audit shall be submitted within sixty (60) days after the temlination of this Agreement. Section 16. Preliminar~r Plans. The Franchisee shall, at no cost or expense, when requested, review the preliminary subdivision and site plans for all commercial and multi-family developments within the City and provide the City in a timely manner with written comments concerning the placement and location of solid waste receptacles or dumpsters. Section 17. Assignment. This Agreement and the rights and privileges hereunder shall not be assigned or otherwise transferred by Franchisee except with the express written approval of the City. The City reserves the right in its sole and absolute discretion to approve or disapprove any such requested assignment or transfer of this Agreement. The City may require that any proposed assignee submit similar documentation to that provided by the franchisee at the time of award of the franchise. No assignment or transfer shall be effective until the assignee or transferee has executed with the City an Agreement of Acceptance, subject to approval by the City, evidencing that the assignee or transferee accepts the assignment or transfer subject to all of the terms, conditions and limitations imposed herein. Any such assignment or transfer shall be in form and content subject to the approval of the Gity. Section 18. Indemnification. Franchisee shall indemnify, defend and hold completely harmless the City, its elected representatives, officers, employees and agents of each, from and against any and all liabilities, losses, suits, claims, demands, judgments, fines, damages, costs and expenses (including all costs for investigation and defense thereof, including, but not limited to court costs, expert fees and reasonable attorneys fees and paralegal fees and attorneys and paralegal fees on appeal) which may be incurred by, charged to or recovered from any of the foregoing (i} by reason or on account of damage to or destruction of any property of the City, or any property of, injury to or death of any person resulting from or arising out of the performance under this Agreement, or the acts or omissions of Franchisee officers, agents, employees, subcontractors, licensees or invitees, regardless of where the damage, destruction, injury or death occurred, unless such liability, loss, suit, claim, demand, judgment, fine, damage, cost or expense was proximately caused solely by City's negligence or by the joint negligence of City and any person other than Franchisee or Franchisee's officers, agents, employees, subcontractors, licensees or invitees, or (ii) arising out of the failure of Franchisee to keep, observe or perform any of the covenants or agreements herein to be kept, observed or performed by Franchisee. City agrees to give Franchisee reasonable notice of any suit or claim for which indemnification will be sought hereunder, to allow Franchisee or its insurer to compromise and defend the same to the extent of its interests and to reasonably cooperate with the defense of any such suit or claim. The provisions of this Section shall survive the expiration or earlier termination of the term of this Agreement with respect to any acts or omissions occurring during the term of this Agreement. Section 19. Performance Bond. 6 The Franchisee shall, without expense to the City, furnish a performance bond in a form acceptable to the City as security for the performance of this Agreement. Said performance bond will be in the a O HUNDRED AND NO/100 DO ($200,000.00. i s or t o pe o see. This nce bond shall be written by a surety company licensed to do business in the State of Florida and approved by the City and shall be maintained in full force and effect throughout th term of this Agreement. Section 20. Non on. The Franchisee agrees that it has adopted and will maintain and enforce a policy of nondiscrimination on the basis of race, color, religion, sex, age, handicap or national origin. Section 21. Insurance. A. Franchisee shall, without expense to the City, obtain and maintain or cause to be obtained and maintained throughout the term of this Agreement, coverages as stated in RFP #09-004, and naming the City of Ocoee as an additional insured: Comprehensive automobile insurance (any auto, including owned autos, non-awned autos and hired autos) and garage liability insurance, if applicable. 2. Comprehensive general liability insurance (including but not limited to contractual, independent contractors, broad form property damage, and personal injury, as applicable, and such other coverage as may from time to time be generally issued by insurance companies for businesses similar to that engaged in by Franchisee in the performance of this Agreement which City may reasonably require} protecting Franchisee, the City, its elected representatives, officers, agents and employees of each from and against any and all liabilities arising out of or relating to Franchisee's performance of this Agreement whether such operations be by himself, or by any subcontractor or by anyone directly or indirectly employed by any of them or by anyone for whose acts any of them may be liable. 3. Insurance against theft or damage to all Franchisee's equipment used in carrying out this Agreement. 4. Workers' compensation or similar insurance affording the required statutory coverage and containing the required statutory coverage and containing the requisite statutory limits. B. Such policies shall be in such form and with such company or companies as the City sha{I approve, and except for coverage limits of Workmen's Compensation Insurance, be in an amount no less than ONE MILLION AND NO/100 DOLLARS ($1,000,000.00) combined single limit, or its equivalent, or such greater amount of such insurance as shall be maintained by Franchisee, with no deductible, with cross liability endorsement and with contractual liability coverage for Franchisee's covenants to and indemnification of the City. Franchisee's insurance shall provide that it is primary insurance as ,~.. , respects any other valid and collectible insurance City may possess, including any self-insured retention or deductible City may have, and that any other insurance City does possess sf~all be `.,~,, considered excess insurance only. Franchisee's insurance shall also provide that it shall act " for each insured and each additional insured, as though a.~separateypo(icy has been written for each; provided, however, that these provisions shall not operate to~i~crease the policy limits. C. Franchisee shall provide, prior to the execution of this Agreement and within ten (10) days of award of the Agreement, and at least thirty (30} days prior ,fo the z.,..... expiration of an insurance policy or policies theretofore provided to the City by Fr~ichisee hereunder, a certificate of insurance evidencing all coverage required under this Section. Such certificates} shalt name the City and its elected representatives, officers, employees and agents of each as additional insured and shall provide that the policy or policies may not be canceled or modified nor the limits thereunder decreased without thirty (30) days prior written notice thereof to the City. Franchisee agrees that City shall have the right, exercisable on ninety (90) days prior written notice to Franchisee, to require Franchisee, from time to time, to reasonably alter the monetary limits or coverage provided by such policy or policies. Section 22. Default and Termination. A. In the event that: (1) the Franchisee shall fail to keep, perform and observe each and every promise, covenant and agreement set forth in this Agreement applicable to the Franchisee, and such failure shall continue for a period of more than five (5) days after delivery to the Franchisee of a written notice of such breach or default; (2) the Franchisee's occupational or business licenses shall terminate for any reason; (3) the Franchisee shall became insolvent, or shall take the benefit of any present or future insolvency statutes, or shall make a general assignment for the benefit of creditors, or file a voluntary petition in bankruptcy or a petition or answer seeking an arrangement for its reorganization, or the readjustment of its indebtedness under the Federal Bankruptcy laws, or under any other law or statute of the United States or any State thereof, or shall consent to the appointment of a receiver, trustee or liquidator of all or substantially all of its property; or (4) the Franchisee shall have a petition under any part of the Federal Bankruptcy laws, or an action under any present or future insolvency laws or statute, filed against it, which petition is not dismissed within thirty (30} days after the filing thereof; then in any of such events, the City, in its discretion, shall have the right to: (i) seek specific performance of this Agreement, (ii) terminate this Agreement for Default, which termination shall be effective twenty-four (24) hours after written notice of such termination is given to the Franchisee, or (iii) pursue such other actions and remedies as may be permitted by law, including an action for actual damages incurred or suffered by the City. In the event the City elects to terminate this Agreement, then the City may, at its option, delay the effective date of termination far default until the first day of the month following the date on which written notice of such termination is given to the Franchisee. The City shall specify the termination date on its written notice of termination. B. In the event that the City shall fail to keep, perform, and observe each and every promise, covenant and agreement set forth in this Agreement applicable to the City, and such failure shall continue for a period of more than thirty (30) days after delivery to the City of a written notice of such breach, then the Franchisee may, as its sole and exclusive remedy, seek specific performance of this Agreement. It is expressly agreed that the Franchisee shall not be entitled to terminate this Agreement or seek damages against the City in the event of a default by the Gity. _ _ _--`'~- - C. In the event that a dispute arises between the City and the Franchisee, or any interested party, in any way relating to this Agreement, the Franchisee shall continue to render service in full compliance with all terms and conditions of this Agreement regardless of the nature of the dispute. The Franchisee shall be liable to the City for all costs reasonably incurred in providing collection and disposal service should the Franchisee fail to provide such services. _--~ ~°~-- Upon termination of this Agreement the Franchisee shall cooperate with the City in order to ensure an orderly transition of all commercial and multi-family solid waste accounts to such new franchisee(s) as may be designated by the City. Section 23. Attorneys' Fees. In the event that either party finds it necessary to commence an action against the other party to enforce any provisions of this Agreement or because of a breach by the other party of any of the terms hereof, the prevailing party shall be entitled to recover from the other party its reasonable attorneys' fees, paralegal fees and costs incurred in connection therewith, at both trial and appellate levels, including bankruptcy proceedings and the right to such reasonable attorneys' fees, paralegal fees and costs shall be deemed to have accrued from the commencement of such action and shall be enforceable whether or not such action is prosecuted to judgment. Section 24. Notices. All notices and approvals which any party shall be required or shall desire to make or give under this Agreement shall be in writing and shall be made or given (i) by certified mail, postage prepaid, return receipt required, (ii) by hand delivery to named individuals representing the party to be notified, or (iii) by private parcel (next day) delivery service. Notices, including notice of a change of address or phone number, shall be addressed or transmitted to the addressees set forth below, or that a party may otherwise designate in th manner prescribed herein: As to the City: City of Ocoee 150 North Lakeshore Drive Ocoee, Florida 34761 Attention: Public Works Director Phone: (407) 905-3100 Ext. 6002 As to Franchisee: Waste Depot LLC DBA Waste Works 320 Enterprise Street Ocoee, Florida 34761 Attention: Fred Bonham, Secretary/Treasurer Phone: (407) 447-0047 Notices and approvals given or made as aforesaid shall be deemed to have been given and received on the date of actual receipt. Section 25. Combination of Solid Waste. The City shall not be responsible for any contamination of solid waste loads whicf~ are collected by the Franchisee (i.e., mixing of recyclable materials, yard trash, construction and demolition debris or other materials which are required to be separated prior to disposal under applicable federal, state and local statutes, laws, ordinances, rules and regulations). ~y. Section 26. Miscellaneous. A. Time is of the essence with respect to all matters set forth ~in~#his Agreement. B. The Franchisee is not, and shall not for any purpose be, the agent of the City and shall have no power or authority to bind the City in any manner whatsoever. C. This Agreement embodies and constitutes the entire understandings of the parties with respect to the matters contemplated herein, and all prior or contemporaneous agreements, understandings, representations, and statements, oral or written, are merged into this Agreement. Neither this Agreement nor any provisions hereof may be waived, modified, amended, discharged, or terminated except by an instrument in writing signed by the party against whom the enforcement of such waiver, modification, amendment, discharge, or termination is sought except by an instrument in writing signed by the party against whom the enforcement of such waiver, modification, amendment, discharge, or termination is sought, and then only to the extent set forth in such instrument. `~` D. It is stipulated and agreed between the parties that this Agreement shill be interpreted and construed in accordance with the laws of the State of Florida and any trial or other proceeding with respect to this Agreement shall take place in the State of Florida with venue in Orange County, Florida. E. Captions of the sections and subsections of this Agreement are for convenience and reference only, and the words contained therein shall in no way be held to explain, modify, amplify or aid in the interpretation, construction or meaning of the provisions of this Agreement. F. The City shall not be responsible for any contamination of solidw,waste pick-ups with recyclable materials. °« io G. The City has been induced by Franchisee to enter into this Agreement by submittal of that certain response to request for proposals dated June 16, 2009, said response being incorporated herein by reference and made a part of this Agreement. The Franchisee warrants and represents that the information submitted in said response to request for proposals remains true and correct as of the date hereof. Section 27. Severability. If any part, section, subsection, or other portion of this Agreement except for the provisions of Section 14 hereof is declared void, unconstitutional, or invalid for any reason, such part, section, subsection or other portion, or the prescribed application thereof, shall be severable, and the remaining provisions of this Agreement, and all applications thereof not having been declared void, unconstitutional or invalid shall remain in full force and effect. The City and Franchisee declare that no invalid or prescribed provision or application was an inducement at the execution of this Agreement, and that they would have executed this Agreement, regardless of the invalid or prescribed provision or application. In the event any part, subsection or other portion of Section 14 hereof is declared void, unconstitutional, or invalid for any reason, then either party may terminate this Agreement upon at least ninety (90) days notice to the other party. Section 28. Charter Compliance. The franchise granted pursuant to this Agreement has been awarded following a public hearing on the proposed franchise preceded by at least thirty (30) days' notice of the hearing and the proposed action by publication once a week far four (4) consecutive weeks in a newspaper of general circulation in the City of Ocoee. IN WITNESS WHEREOF, the CITY OF OCOEE has caused this Agreement to be executed by its Mayor and attested by its City Clerk, and has caused its seal to be hereto aff,~xed; and he said Franchisee has caused this Agreement b exec ted in its name by ~~ -- ,its President, attested b ,its Secretary, and has caused the seal of said corporation to be o affixed, all as of the day and year first above written. CITY OF OCOEE B ~ c~ V G-. Y S. Scott Vandergrift,^ or ~. Attes " ikenberry, City CI r (SEAL) Signed, sealed and delivered Signed, sealed and delivered in the presence of: FRANCHISEE: By:,~i ~ ~~-- President Attes ~ ~~ ,Secretary (SEAL) For use and reliance only by the City of Ocoee, Florida. Approve as to form anc~ le I' This D day of ~ , 2009 Foley Lardner LLP ~~ ~ City Attorney APPROVED BY THE OCOEE CITY COMMISSION AT A MEETING HELD ON September 15, 2009 UNDER AGENDA ITEM NO. H.16 12