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HomeMy WebLinkAbout44-20RESOLUTION 44-20 RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS BILLS APPROVING FIRST AMENDMENT TO THE FRAANCHISE AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND GREENWASTE RECOVERY, INC. FOR COLLECTION AND PROCESSING OF MIXED COMPOSTABLE MATERIALS, RECYCLABLE MATERIALS AND YARD TRIMMINGS WHEREAS, On July 1, 2019, the Town and GreenWaste Recovery, Inc. entered into fifteen - year Agreement for the collection and processing of mixed compostable materials, recyclable materials and yard trimmings; and WHEREAS, Because of considerable economic impacts, including widespread job losses and furloughs, caused by the ongoing COVID-19 pandemic, Town management requested rate relief from GreenWaste for this coming year 2020/21. WHEREAS, the Town and GreenWaste Recovery now propose to amend the Agreement relating to Section 13.2 "Annual Adjustments" and agree to a CPI -only rate increase of 2.45% for 2021 in exchange for moving the authorized 9% rate increase to 2024/25. NOW, THEREFORE, BE IT RESOLVED by the City Council of the Town of Los Altos Hills that the Mayor is hereby authorized and directed to execute the First Amendment to the Franchise Agreement on behalf of the Town of Los Altos Hills. The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los Altos Hills at a regular meeting held on 16th of July 2020 by the following vote: AYES: Wu, Tanldia, Corrigan, Spreen, Tyson NOES: None ABSENT: None ABSTAIN: None ATTEST: Deborah L. Padovan, City Clerlc By: �A'l Michelle "U or_.M_ Resolution 44-20 Page 1