03 - Laserfiche WebLink

City of Pleasanton Article 3. Term of Agreement Franchise Agreement with Pleasanton Garbage Service City of Pleasanton Page 23 June 7, 2022March 8, 2018 3.2.4 Secretary’s Certification 696 Exhibit J of this Agreement shall have been signed by the secretary of the Contractor and identifies the 697 name of the Contractor’s representative that is authorized to execute this Agreement. 698 3.3 Term 699 The Term of this Agreement shall be Eleven (11) years from 12:01 a.m. on July 1, 2018 (Commencement 700 Date) to midnight June 30, 2029, unless extended by City pursuant to Section 3.4 or terminated in 701 accordance with Section 11.3. 702 3.4 Option to Extend Term 703 At the City’s sole discretion, the City shall have the option to extend this Agreement, up to sixty (60) 704 months beyond the Term identified in Section 3.3, in one or more periods of at least twelve (12) months 705 each pursuant to the terms and conditions of this Agreement. If the City elects to exercise the option, it 706 shall give written notice of its election, specifying the number of months by which it elects to extend the 707 Term, to the Contractor, one hundred eighty (180) calendar days prior to the initial expiration date or 708 extended termination date of this Agreement. At the end of the Term (including any extensions), the City 709 may extend the Agreement on the same terms contained herein without renegotiation (subject to the 710 next paragraph), renegotiate the terms and conditions of the Agreement with the Contractor (subject to 711 agreement by the Parties), or select another means to procure or provide Collection services. 712 If the City chooses to extend the Agreement, the Parties shall meet and confer to discuss Collection vehicle 713 needs and related costs, if any. The equipment replacement plans presented on Contractor’s depreciation 714 schedule (Exhibit F) in Contractor’s proposed costs shall serve as the basis for negotiations. The extension 715 to the Agreement may be approved if the Parties agree on how the incremental increase in depreciation 716 and interest expenses above those existing prior to the extension of the Agreement, shall be treated 717 during the extension period. Should the Parties fail to reach agreement, the matter shall be submitted to 718 binding arbitration. 719 The City has no obligation to renegotiate, renew, or extend the rights granted to Contractor beyond the 720 initial Term of the Agreement identified in Section 3.3. 721