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HomeMy WebLinkAboutContract 28336-A2 I CITY RACTEVp X33 - STATE OF TEXAS § § KNOW ALL PERSONS BY THESE PRESENTS: COUNTIES OF TARRANT,DENTON § AND WISE § SECOND AMENDMENT TO THE AGREEMENT TO LEASE AND OPERATE SOUTHEAST LANDFILL BY AND BETWEEN THE CITY OF FORT WORTH, TEXAS, AS LESSOR AND ALLIED WASTE SYSTEMS,INC. d/b/a TRINITY WASTE SERVICES, AS LESSEE This "SECOND AMENDMENT TO THE AGREEMENT TO LEASE AND OPERATE SOUTHEAST LANDFILL BY AND BETWEEN THE CITY OF FORT WORTH, TEXAS, AS LESSOR AND ALLIED WASTE SYSTEMS, INC. d/b/a TRINITY WASTE SERVICES, AS LESSEE" (this "Amendment") is entered into as of the I*'`day of DQr—. , 2009, by and between THE CITY OF FORT WORTH, TEXAS, a home rule municipal corporation in Tarrant County, Texas, acting herein by and through its Assistant City Manager, Fernando Costa ("City"), and ALLIED WASTE SYSTEMS, INC., d/b/a/ TRINITY WASTE SERVICES, a Delaware corporation duly authorized to do business in the State of Texas, acting by and through its duly authorized representative("Lessee"). WITNESSETH: WHEREAS, the City and Lessee entered into a certain"AGREEMENT TO LEASE AND OPERATE SOUTHEAST LANDFILL" known as City Secretary Contract No. 28336, (the "Original Agreement"), dated January 28, 2003, for the lease of the City's Southeast Landfill, pursuant to the terms of that certain RFP 02-0087 (the"RFP"), issued by the City; and WHEREAS, the City and Lessee then entered into a certain First Amendment to the Original Agreement known as City Secretary Contract No. 32407, ("First Amendment") on or about September 25, 2005, to adjust the Minimum Annual Variable Rent schedule and make certain other changes; WHEREAS, the Original Agreement as amended by the First Amendment is herein called the "Existing Agreement," to which reference is here made for all purposes and as fully as if set forth in full herein; WHEREAS, on or about August 13, 2008, Lessee filed a lawsuit in the 153rd District Court of Tarrant County, Texas against the City for certain claims related to the Agreement; WHEREAS, Republic Services, Inc. purchased Lessee and has agreed to be a guarantor of Lessee's performance under the Agreement; WHEREAS, the parties wish to settle the lawsuit prior its trial date s,-t_Fnr Tnnnnrr 2010• and ' OFFICIAL RECORD 'CITY SECRETARY VT 75870351.2 SECOND AMENDMENT SELF LEASE CRR1203090 Page] WHEREAS, in connection with settling the lawsuit, the parties desire to amend the Existing Agreement and revise the Minimum Annual Variable Rent and make certain other changes as more particularly set forth below. NOW, THEREFORE, for and in consideration of the mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confessed,the City and Lessee agree as follows: A. Amendments of Existing Agreement as of January 1, 2010: The Existing Agreement is hereby amended by the following amendments which will be and become effective on and as of January 1, 2010,to-wit: 1. Definitions. Section 1.01 of the Existing Agreement is amended by: (a) Deleting the definition of"Carryforward Credit" from such Section. (b) Amending and restating in its entirety the definition of "Minimum Annual Variable Rent" as presently set forth in such Section to read as follows: "Minimum Annual Variable Rent" means $2,100,000 per Operating Year, adjusted by the Adjustment Factor for each Operating Year after 2012 as described in Section 4.04(C)." (c) Amending and restating in its entirety the definition of "Operating Year" as presently set forth in such Section to read as follows: "Operating Year" means a calendar year commencing on January 1, 2010, or any succeeding anniversary thereof." (c) Adding the following additional definitions in such Section: "Affiliate" means, with respect to any Person, any other Person directly or indirectly controlling, controlled by, or under common control with such Person. As used herein, the term "control" means possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person by virtue of ownership or control of voting securities or equity interests. "Agreed Per-Ton Charge" has the meaning set forth in Section 4.04(D). "Deemed Company Waste Revenue" has the meaning set forth in Section 4.04(D). 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 2 "Increased Fees and Taxes Amount" has the meaning set forth in Section 4.04(D). "Maximum City Gate Rate"has the meaning set forth in Section 8.03. "Net Non-Company Waste Revenue" has the meaning set forth in Section 4.04(D). "Non-City Company Waste" means Non-City Waste that is delivered to the Southeast Landfill by or for Lessee or any Affiliate of Lessee. "Non-City Non-Company Waste" means all Non-City Waste other than Non-City Company Waste. "Non-City Waste Revenue" has the meaning set forth in Section 4.04(D). "Posted Gate Rate"has the meaning set forth in Section 8.03. 2. Initial Term. Section 3.01 of the Existing Agreement(which was amended in the First Amendment)is amended and restated in its entirety to read as follows: "SECTION 3.01. Initial Term. The initial term of this Agreement (the "Initial Term") shall commence on the Contract Date and shall expire on the earlier of (i) midnight on December 31, 2033 (the "Anticipated Term End," being the day before the twenty-fourth (24th) anniversary of January 1, 2010), (ii) the last day of the Useful Life of the Southeast Landfill, and (iii) the date this Agreement is terminated pursuant to Article XIV or otherwise as permitted herein." 3. Adjustment Factor. Section 4.03 of the Existing Agreement is amended by deleting the following provisions from the definition of the Adjustment Factor contained in such Section: "In this example, the prior year's Base Rent and Variable Rent per ton, assuming a Base Rent of$500,000 and a Variable Rent per Ton of$9.63 would increase as follows: Base Rent: $500,000 X 1.03115 = $515,575.00 Variable Rent(per Ton of Non-City Waste): $9.63 X 1.03115 = $9.929 or$9.93 (after rounding) Base Rent will be rounded up or down to the nearest whole number. Variable Rent (per Ton of Non-City Waste) will be rounded up or down to the nearest$0.01." and by inserting the following provisions in lieu of such deleted provisions: 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 3 "In this example, the prior year's Base Rent, assuming a Base Rent of $500,000,would increase as follows: Base Rent: $500,000 X 1.03115 = $515,575.00 Base Rent will be rounded up or down to the nearest whole number. As used hereinabove, the term"Index Year"means the twelve months period ending on September 30. Thus, for example, the Index Year preceding the 2010 Operating Year is the twelve month period ending September 30, 2009, and the Index Year two years preceding the 2010 Operating Year is the twelve month period ending September 30, 2008." 4. Minimum Annual Variable Rent. The parties agree that this Second Amendment shall eliminate the Minimum Annual Variable Rent Schedule as described in Section 4.04(D) of the Original Agreement and as later amended in the First Amendment, effective as of January 1, 2010. Sections 4.04(C), 4.04(D) (as amended by the First Amendment), 4.04(E), 4.04(F), 4.04(G), 4.04(H) (as amended by the First Amendment), 4.04(I) and 4.04(J) of the Existing Agreement, and Paragraph 1 of the First Amendment are deleted and Sections 4.04(C), (D), (E), (F), (G), (H), (I), and (J) of the Existing Agreement shall now be amended to be as follows: "(C) Minimum Annual Variable Rent. During each Operating Year beginning with the Operating Year commencing on January 1, 2010, Lessee shall pay the City "Minimum Annual Variable Rent" calculated as hereinafter provided. For each of the 2010, 2011, and 2012 Operating Years the "Minimum Annual Variable Rent" shall be $2,100,000. For each Operating Year after the 2012 Operating Year, the Minimum Annual Variable Rent shall be an amount equal to the Minimum Annual Variable Rent payable for the preceding Operating Year, multiplied by the Adjustment Factor as set forth in Section 4.03; provided that the Minimum Annual Variable Rent shall never be adjusted to be less than the previous Operating Year's Minimum Annual Variable Rent. Minimum Annual Variable Rent for each Operating Year shall be paid in equal monthly installments, which shall be due and payable on or before the 20th day of each month. (D) Additional Annual Variable Rent. Within ten days after the end of each Operating Year beginning with the Operating Year that commences on January 1, 2010, Lessee shall provide the City a written accounting to determine whether any additional Annual Variable Rent is due for such Operating Year. For this purpose, the Variable Rent for an Operating Year shall be calculated as 22% of the "Non-City Waste Revenue" for such Operating Year as defined below. If the Variable Rent for an Operating Year calculated in this manner exceeds the Minimum Annual Variable Rent as calculated for 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 4 that Operating Year, Lessee will pay the amount of such excess to the City on or before the 20th day after the end of such Operating Year. The "Non-City Waste Revenue" for an Operating Year shall be an amount equal to the greater of: (1) $23.51 multiplied times the total Tons of Non-City Waste delivered to the Southeast Landfill during the Operating Year; or (2) the sum of (i) the "Net Non-Company Waste Revenue" for the Operating Year calculated as provided below, plus (ii) the "Deemed Company Waste Revenue" for the Operating Year calculated as provided below. The "Net Non-Company Waste Revenue" for an Operating Year shall be an amount equal to (i) the total tipping fees or charges charged for all Non-City Non-Company Waste delivered to the Southeast Landfill during the Operating Year, minus (ii) the "Increased Fees and Taxes Amount," if any, for such Operating Year calculated as provided below. The "Increased Fees and Taxes Amount" (if any) for an Operating Year shall be an amount equal to the excess, if any, of(i)the total fees and/or taxes required by Applicable Law to be paid, or charged to generators or disposers of waste, by owners or operators of Solid Waste disposal sites that are paid or charged by Lessee with respect to all Non-City Non-Company Waste delivered to the Southeast Landfill during the Operating Year, above (ii) the total amount of such fees and/or taxes with respect to such Non-City Non-Company Waste that would be paid or charged based on the rate of such fees and/or taxes in effect as of the date of this Agreement. The "Deemed Company Waste Revenue" for an Operating Year shall be calculated by multiplying (i) the total Tons of Non-City Company Waste delivered to the Landfill during the Operating Year by (ii) the "Agreed Per-Ton Charge" for such Operating Year calculated as provided below. The "Agreed Per-Ton Charge" for an Operating Year shall be equal to the lesser of: (1) $21.00 per Ton escalated at the rate of 2% on a compounded basis as of the first of each Operating Year ensuing after the Operating Year which commences on January 1, 2010; or (2) ninety percent (90%) of an amount equal to: 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 5 (i) the Net Non-Company Waste Revenue for all Non-City Non- Company Waste delivered to the Southeast Landfill during the Operating Year; divided by (ii) the total Tons of Non-City Non-Company Waste delivered to the Southeast Landfill during the Operating Year. (E) For purposes of calculating the Variable Rent on Solid Waste that is not weighed, the Lessee shall estimate Tons delivered based on historical data for the previous seven (7) day period and other relevant factors. (F) [Reserved] (G) [Reserved] (H) [Reserved] (I) [Reserved] (J) [Reserved]" 5. No Abatement or Set-Off of Rent. Section 4.09 and Section 13.2 of the Existing Agreement are hereby amended and restated in their entirety to read as follows: "SECTION 4.09. No Abatement or Set-Off of Rent. Lessee shall not be entitled to any abatement, deduction, deferment, suspension or reduction of or set-off, defense or counterclaim against, any Rent payable by Lessee under this Agreement, and the respective obligations of the City and Lessee shall not be otherwise affected by: (A)reason of damage to or destruction of the Southeast Landfill from any cause unless caused by the City, or (B) any taking by condemnation or eminent domain or by agreement between the City and those authorized to exercise such rights; provided such taking or condemnation does not materially impair Lessee's operations at the Southeast Landfill; it being the intention of the parties that the respective obligations of the City and Lessee shall be separate and independent covenants and agreements and that the Rent and all other charges and sums payable by Lessee hereunder shall continue to be payable in all events unless the obligations to pay the same shall be terminated pursuant to the provisions of this Agreement." "SECTION 13.02. No Abatement. Unless such damage or destruction is caused by the City, the Lessee's obligation to perform all covenants and agreements under this Agreement, shall not be affected by any such damage to or destruction of the Southeast 75870351.2 SECOND AMENDMENT SELF LEASE CRR1203090 Page 6 Landfill, and the Lessee hereby waives the provisions of any statute or law now or hereafter in effect that would otherwise relieve the Lessee from such obligations." 6. Tipping Fee-Non-City Waste. Section 7.03 of the Existing Agreement is hereby amended and restated in its entirety to read as follows: "SECTION 7.03. Tipping Fee- Non-City Waste. The Lessee may charge all Persons that deliver Non-City Waste to the Southeast Landfill a tipping fee quoted on a per Ton basis as weighed in accordance with this Agreement. The tipping fee shall include all fees mandated by any Governmental Entity to be paid by any generator or transporter of Solid Waste to a landfill." 7. Waste Delivery. Section 8.02 of the Existing Agreement is hereby amended and restated in its entirety to read as follows: "SECTION 8.02. Recycling Programs. Both the Lessee and the City understand that the City may establish, on its own initiative or in compliance with Applicable Law, recycling programs and other Solid Waste reduction programs, such as composting programs. Nothing contained in this Agreement shall be construed to prevent the City from establishing such programs, or diverting all or a portion of the waste stream collected by the City, its employees, agents or contractors, to Recyclables processors, Yard Waste processors, Type IV Waste, Bulky Waste, and C&D processors, purchasers or recycled materials or businesses that offer other alternatives to the burial of Solid Waste. If the City, in good faith sends waste to a Recycling facility that is rejected as not being suitable for Recycling, the City shall have no obligation to deliver such rejected waste to the Southeast Landfill if the City does not elect to do so or to make payment to Lessee for such rejected waste under Section 8.03 below if it is not delivered to and accepted at the Southeast Landfill. 8. Payment Obligations of the City. The third sentence of Section 8.03 of the Existing Agreement is further amended and restated in its entirety to read as follows: "During the Operating Year commencing on January 1, 2010, and each Operating Year thereafter, the City shall pay to the Lessee an amount equal to the lesser of(i) the per Ton charge payable during the preceding Operating Year, multiplied by the Adjustment Factor, or (ii) the "Maximum City Gate Rate" as defined below, for each Ton of City Waste (but not City Department Waste) delivered to the Southeast Landfill or required to be delivered to the Southeast Landfill by the City or City Licensed Haulers pursuant to Section 8.01, or Lost Waste, during such Operating Year." 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 7 and by adding the following additional provisions at the end of the first grammatical paragraph of said Section 8.03: "The "Maximum City Gate Rate" for any Operating Year shall be an amount per Ton equal to seventy-five percent (75%) of the lowest "Posted Gate Rate" (as defined below) in effect at any time during such Operating Year. The Maximum City Gate Rate shall be established and adjusted only once per Operating Year. The "Posted Gate Rate" shall be the tipping fee per Ton that is advertised or publicly posted by Lessee for Non-City Non-Company Waste delivered to the Southeast Landfill. Lessee shall have the right to establish and change the Posted Gate Rate from time to time in Lessee's sole discretion; and Lessee will notify the City within twenty (20) days after each change in the Posted Gate Rate. Further, it is expressly stipulated and understood that Lessee shall have the right, and expects, to negotiate and agree upon a per-Ton tipping fee that is different (and usually lower) than the Posted Gate Rate for Non-City Non-Company Waste delivered to the Southeast Landfill by individual customers or may impose minimum per-vehicle or per-load charges for Non-City Non-Company Waste delivered to the Southeast Landfill that will differ on a per-Ton basis from the Posted Gate Rate. If the City makes payments to the Lessee for City Waste delivered to the Southeast Landfill at any time during an Operating Year that are thereafter determined to exceed the Maximum City Gate Rate for such Operating Year as a result of a reduction of the Posted Gate Rate during such Operating Year, Lessee will refund the amount of the excess payments above such Maximum City Gate Rate within forty- five (45) days after the effective date of such reduction of the Posted Gate Rate." B. Amendments of Existing Agreement as of the Date of this Second Amendment: The Existing Agreement is hereby amended or supplemented by the following amendments or supplemental provisions which will be and become effective on and as of the date of this Second Amendment,to-wit: 1. Base Rent. In view of the change in the definition of"Operating Year"to become effective as of January 1, 2010, from each twelve month period commencing on March 23 to each calendar year commencing with the year 2010, it is agreed that, notwithstanding any contrary provision of Section 4.03 of the Existing Agreement: (a) The Base Rent for the period from March 23, 2009, through December 31, 2009, shall be $520,598.00 (equal to 283/365ths of the Base Rent of $671,443.00 that would have been payable for an Operating Year commencing on March 23, 2009, and ending on March 22, 2010, rounded to the nearest whole number). Any additional payment or refund with respect to amounts of Base Rent that have been paid for the Operating Year commencing on 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 8 March 23, 2009, necessary to adjust the total Base Rent paid for the period from March 23, 2009, to December 31, 2009, as provided for in this paragraph shall be effected within twenty (20) days after the date of this Second Amendment. (b) In adjusting the amount of the Base Rent to be payable for the Operating Year commencing on January 1, 2010, by the Adjustment Factor, such Base Rent payable for the 2010 Operating Year shall be equal to $671,443.00 (the total Base Rent that would have been payable for an Operating Year commencing on March 23, 2009, and ending on March 22, 2010) multiplied by an Adjustment Factor calculated as described in Section 4.03 of the Existing Agreement using the twelve month period ending on September 30, 2009 as the "Index Year preceding" the 2010 Operating Year and using the twelve month period ending on September 30, 2008, as the"Index Year two years preceding"the 2010 Operating Year. 2. Variable Rent. Variable Rent payable for each Ton of Non-City Waste delivered to and accepted at the Southeast Landfill prior to January 1, 2010, shall continue to be calculated and payable as provided in the Existing Agreement. 3. Notices. Section 15.01(b) of the Existing Agreement is hereby amended and restated in its entirety to read as follows: "(b) If to Lessee: Allied Waste Systems, Inc. General Counsel 18500 North Allied Way Phoenix, AZ 85054 Fax: (480) 627-2701 With a copy to: Area President Republic Services, Inc. 1212 Harrison Avenue Arlington, TX 76001 Fax: (817) 459-4663 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 9 With a copy to the Guarantor: Republic Services, Inc. Corporate Secretary 18500 North Allied Way Phoenix,AZ 85054 Fax: (480) 627-2701" C. Assignment. If Allied Waste Systems, Inc. shall cease to exist as a legal entity authorized to do business in the State of Texas as the Lessee under this Agreement, then Lessee agrees to assign its duties and responsibilities to a subsidiary of Republic Services, Inc. authorized to do business in the State of Texas pursuant to Section 16.03 of the Agreement. D. Miscellaneous. Nothing contained herein shall be deemed to amend or modify the Existing Agreement except as expressly set forth herein. Any defined term used herein, but not defined herein, shall have that meaning set forth in the Existing Agreement. In the event of a conflict between the terms of this Second Amendment and the terms of the Existing Agreement, the terms of this Second Amendment shall control. As amended by this Second Amendment, the Existing Agreement is ratified and confirmed and declared to be in full force and effect. 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 10 IN WITNESS WHEREOF, this Second Amendment has been executed as of the date first set out hereinabove. LESSEE: ALLIED WASTE SYSTEMS, INC., d/b/a TRINITY WASTE SERVICES By: Its: Date Signed: Z>,e-r�,,,,64-4- as. ?QPs CITY: CITY OF FORT WORTH, TEXAS Fernando Costa Assistant City Mana r Date Signed: /,2 28 0' AT 00�(p contract- AuthoriaatioR tha Hendrix a` ► l City Secretary Date �Qa APPROVED AS TO FORM AND LEGALITY: p��OOOOpp90d ��� 00 O O O O r ,I p o Christ R.Reynold 0 0o x� Assistant City Attorney �a 000 00o i��y 0000000 a OFFICIAL. RECORDI j CITY SECPETARY T X 75870351.2 SECOND AMENDMENT SELF LEASE CRR120309v3 Page 11