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• <br />Attachment A <br />Amendment to the Contract for Curbside Recycling with Allied Waste <br />Services <br />owl <br />This agreement is made on the t� <br />Fridley, Minnesota, men is made <br />" the day of _ I_? 2010 between the City of Fridley, <br />Y) Allied Waste Systems ( "Contractor "), Y' <br />WHEREAS, the Contractor is in the business of collecting recyclables; and <br />WHEREAS, the Contractor will collect recyclables from the City's single family through 12 -unit <br />multiple dwellings in accordance with the terms of the Contract for Curbside Recycling <br />( "Contract "); and <br />WHEREAS, both the City and Contractor have mutually agreed to extend the Contract for one <br />year, from April 1, 2011, to March 31, 2012, increase annual price by three percent, and modify <br />revenue sharing to provide a 60% (Contractor) /40% (City) share in revenue; and <br />NOW, THEREFORE, the City and Contractor agree to replace the following paragraphs in the <br />original agreement as follows: <br />3. Method The Contractor shall submit itemized invoices according to <br />the rates specified in Exhibit A to the City on a monthly basis. Monthly invoices <br />must include a Recyclable Commodity Market Value Report according to the <br />format shown in Exhibit B for the amount of recyclables collected and processed <br />during the previous month. Invoices so submitted shall be paid within thirty (30) <br />days of receipt by City. <br />The percentage that each recyclable material represents of the total weight of <br />recyclables collected each month will be predetermined by the schedule listed in <br />Exhibit C. The Contractor may not adjust the weight composition of the <br />recyclable materials from the composition presented in Exhibit C more than once <br />per year without agreement by the City. <br />The City shall accumulate credit from forty percent of the net proceeds of the sale <br />of all recyclables marketed each month in a Service Exchange Fund. The <br />additional and accumulative total value of the Service Exchange Fund shall be <br />reported to the City by the Contractor on each monthly statement or invoice. The <br />City may choose to use the value accumulated in the Service Exchange Fund in <br />exchange for a variety of recycling services (examples of which are enumerated in <br />Exhibit D), may request a cash payment of all or a portion of the total <br />accumulated present value in the Service Exchange Fund, or may apply the cash <br />value of the Service Exchange Fund as a credit to the City's monthly invoices <br />totals from the Contractor. Uses in addition to those items listed in Exhibit D for <br />the Service Exchange Funds may be completed by the Contractor upon mutual <br />agreement on cost and terms by each party. The City shall be allowed to <br />